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The governor of the Bank of England has urged people to focus on the "big picture" rather than obsessing about when interest rates will start to rise.Mark Carney shrugged off criticism that he has been giving mixed signals over the timing of increase...
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Barclays Bank is taking allegations "very seriously" that it misled large institutional investors and other clients in the United States by falsely telling them it was taking measures to protect them from predatory high-frequency traders, it said today.The claims were made against the banking and financial services firm in a securities fraud lawsuit a...
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Interest rates are likely to hit 5% within a decade, according to the outgoing Bank of England deputy governor for monetary policy. Sir Charlie Bean said it would be "reasonable" to expect borrowing costs to return to pre-recession levels in the long term - between five to 10 years.Homeowners have enjoyed a historically low 0.5% base rate for five years but the level has caused mi...
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Businesses that dodge tax by exploiting loopholes would be targeted under a blitz to make the system fairer planned by Labour, Ed Balls will announce. The shadow Chancellor will look at forcing banks to tell the taxman when there is activity in the accounts of supposedly dormant companies and introduce annual dormancy checks to stop the system being used as a vehicle to avoid filing c orporate tax returns.Chancellors and tax chiefs would face an annual grilling by the Treasury select committee on their a...
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Chambers UK 2015 has recognised 16 of Collas Crill's senior lawyers as Leaders in their Fields in its forthcoming guide to UK and offshore law firms.Collas Crill senior partner Chris Bound said: "The number of our Leaders in their Field recogni...
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For the third successive year, Bedell Cristin partner Advocate Zillah Howard has been named Best in Offshore at the Europe Women in Business Law Awards organised by the Euromoney Legal Media Group.The awards celebrate the achievements of women leading the field in the legal sector across Europe a...
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