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Economics / Markets

Economics / Markets

Aviva to axe a further 120 jobs

Product provider Aviva is set to cut a further 120 jobs as it continues to target cost savings of £400m.

clock 30 November 2012 •

Economics / Markets

UK banks face up to £60bn black hole

Britain's banks face a financial black hole of up to £60bn from regulatory demands, hidden losses, and potential mis-selling costs that threaten to jeopardise future growth, the Bank of England has warned.

clock 30 November 2012 •

Economics / Markets

Why investors must ignore political noise

SOAPBOX

clock 29 November 2012 •

Economics / Markets

AWD Chase de Vere to rebrand but UK jobs safe

National AWD Chase de Vere is to be rebranded as Chase de Vere as parent company Swiss Life has said it will drop the AWD part of its brand.

clock 28 November 2012 •

Economics / Markets

King tells Osborne £37bn QE cash grab won't help UK

Sir Mervyn King, the Bank of England's Governor, told the Chancellor that £37bn cash the Treasury claimed from the QE programme will not help the UK's finances.

clock 28 November 2012 •

Economics / Markets

Fresh Greek bailout deal to slash debt by €40bn

Eurozone finance ministers have negotiated a rescue package for the rapidly deteriorating Greek economy following ten hours of intense talks in Brussels.

clock 27 November 2012 •

Economics / Markets

How will the Carney curveball change investor thinking?

The appointment of the Bank of Canada's Mark Carney as the next Bank of England governor has been heralded as an "outstanding choice" by analysts and led to upgrades for UK banks.

clock 27 November 2012 •

Economics / Markets

UK economy stays on course with 1% GDP growth in Q3

UK GDP growth for the third quarter of 2012 has been confirmed at 1% by the Office for National Statistics in its second official reading.

clock 27 November 2012 •

Economics / Markets

King: gap in bank reforms puts savers' cash at risk

A loophole in planned banking reforms could leave taxpayers on the hook for billions of pounds during another financial crisis, according to the governor of the Bank of England (BoE).

clock 23 November 2012 •

Economics / Markets

FTSE on course to post largest weekly gain for a year

The FTSE 100 has added to recent gains in early trading this morning, raising the prospect of the index posting its largest weekly gain since last December.

clock 22 November 2012 •
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