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Profits at JPMorgan jump $2.3 billion in a quarter

13/04/2011

Financial superpower JPMorgan reported first quarter net income of $5.6 billion, up 67% from the previous year


 

Sterling drops 0.5% on lower inflation and raised house prices

12/04/2011

Currency expert Andy Scott from HiFX discusses the impact lower inflation and rising house prices will likely have on the future of Sterling


 

Banking report riles unions and banks, supported by business

12/04/2011

Yesterday saw the publication of the interim report of the Independent Commission on Banking in which recommendations for banking reform are outlined


 

Drop in inflation eases pressure on Bank's interest rate increase

12/04/2011

The consumer prices index (CPI) of inflation dropped a surprise 0.4% in March to reach 4.0%.


 

Vickers' report will help economic competition, lawyers suggest

11/04/2011

The Independent Commission on Banking this morning published its Interim Report outlining several recommendations to help promote financial stability and competition among Britainís high street banks


 

Optimism down, appetite for risk up among UK corporates

11/04/2011

The mood of optimism with which British financial directors (CFOs) entered 2011 has weakened, according to the latest Deloitte CFO Survey


 

Interest rate increase likely due to high factory gate inflation

08/04/2011

The UKís Producer Price Index of inflation, the measure of prices UK manufacturers pay for goods, has risen by a further 0.9% to reach 5.4%


 

Project Merlin fails to increase lending

05/04/2011

75% of survey respondents have seen no change in their bankís approach to small business lending since the governmentís announcement of Project Merlin.


 

Bank must stay strong in face of inflation and maintain low rates

04/04/2011

The Bank of Englandís Monetary Policy Committee (MPC), the body charged with regulating the countryís inflation by adjusting interest rates, will meet next Thursday to decide policy for the coming month.


 

Tax partner discusses changes to tax system

29/03/2011

Leading providers of accountancy and tax advice services, Menzies LLP, have today released their fortnightly tax developments bulletin