City watchdog, the Financial Services Authority (FSA), has today announced banks will face stricter stress testing to ensure they can survive a further 4 years of falling economic growth and a 13.3% unemployment rate.
Stress tests were introduced following the financial crisis to ensure that banks had sufficient capital to allow them to continue operating through [...]
According to leading economic think tank, the National Institute of Economic and Social Research (NIESR), the UK economy grew by 0.3% in the December to February period and has expanded by 0.7% since last September’s slump.
The NIESR’s latest predictions come just a few weeks after the Office for National Statistics (ONS) revealed the UK economy [...]
The Office for National Statistics (ONS) today revealed UK industrial output unexpectedly fell in January – primarily due to the cold weather during the month.
According to the ONS, output fell by 0.4% in January compared with the previous month and represented the largest monthly fall since August.
Analysts had expected a 0.3% rise.
However, on an [...]
The Federal Statistics Office today announced a fall in German exports for the month of January, with the cold weather being attributed to the fall, according to analysts.
Exports in January fell by 6.3% on the month to €67.9 billion, while imports grew by 6% to €59.2 billion.
As a result, Germany’s trade surplus narrowed €8.7 billion [...]
Equities markets in the Asia-Pacific region were higher Wednesday.
The FTSE 100 added 0.68 percent to 5,640.57 in London, while the FTSE 250 was up 0.93 percent to 9,865.29.
Inter-dealer money brokers led both the 100 and the 250, with Tullett Prebon (LSE: TLPR) gained 25.73 percent on the 250 after it was identified as a possible [...]
I divorced after 47 years of marriage in 2007 but only got round to notifying the pension office last year. Can they backdate my pension for two years?
