United Kingdom

Goldman Sachs is among a handful of banks considering delaying UK bonus payouts until after April 6 when the top rate of income tax falls from 50 to 45 per cent, the Financial Times reported. The bank’s plan, which relates to bonuses paid for perform ...

Daily Headline - global.abi.org - 01/13/2013 - 23:36 - 0 comments

Camera specialist Jessops called in administrators PwC on Wednesday, becoming Britain's first high street casualty following a tough Christmas for retailers, Reuters reported. The group, which operates from 192 stores and has around 2,000 employees, ...

Daily Headline - global.abi.org - 01/09/2013 - 21:17 - 0 comments

David Cameron will damage Britain's fragile economy if he demands major changes that could threaten the country's relationship with the European Union, business leaders said on Wednesday, Reuters reported. In an open letter, the heads of some o ...

Daily Headline - global.abi.org - 01/09/2013 - 21:20 - 0 comments

Trustees to the UK Coal pension schemes have been given the right to monitor the business risks of the company’s newly formed property arm and to intervene in company strategy where needed, under the terms of an unusual corporate restructuring, the Fin ...

Daily Headline - global.abi.org - 01/08/2013 - 22:14 - 0 comments

British parliamentarians will this week quiz UBS investment banking boss Andrea Orcel, former CEO Marcel Rohner and other past and present executives at the Swiss bank as part of their inquiry into industry standards, following a run of scandals that roc ...

Daily Headline - global.abi.org - 01/07/2013 - 21:56 - 0 comments

Finance chiefs at big U.K. firms plan to further bolster their balance sheets in 2013 because of continuing uncertainty about Britain's economic prospects, according to a survey published Monday, damping hopes for an investment boost to drive econom ...

Daily Headline - global.abi.org - 01/06/2013 - 21:26 - 0 comments

David Cameron has thrown down the gauntlet to Paris and Berlin, warning that he would block moves to closer eurozone integration unless Britain was allowed to repatriate some powers from the EU, the Financial Times reported. The prime minister said o ...

Daily Headline - global.abi.org - 01/06/2013 - 21:30 - 0 comments

U.K. lenders increased the availability of mortgages and company loans “significantly” in the fourth quarter as the Bank of England’s credit-boosting program began to take effect, Bloomberg News reported yesterday. An index of the availability of secured ...

Daily Headline - abi_admin - 01/04/2013 - 10:14 - 0 comments

Global mergers and acquisitions rose to the highest level in four years this quarter, as a surge in U.S. deals provided ground for optimism and salvaged what had been the worst year for takeovers since the financial crisis, Bloomberg News reported today. ...

Daily Headline - abi_admin - 12/27/2012 - 13:14 - 0 comments

£3.1 billion ($5.0 billion) in November, the steepest drop since June. The decline easily outweighed a ...

Daily Headline - abi_admin - 12/27/2012 - 13:25 - 0 comments