financial
UK banks given seal of approval by financial regulator who blast key EU financial pillars
LEADING UK banks have been given a welcome boost by a European Union financial test while others key institutes in the eurozone have been savaged. The Bank of England welcomed the results of the European Banking Authority’s (EBA) stress test which laid bare the full scale of Europe’s banking crisis. Barclays,...
Now financial experts say the EU DISINTEGRATING is ‘a question of when not if’
A BREXIT combined with a surge of anti-EU politics will leave the crumbling of the union as a question of “when the systems breaks, rather than if” financial analysts have claimed. The experts, who looked at the fragile reforms that were put in place after the debt crisis of 2008, claim that extra struggle within...
HISTORY REPEATING? Fears of ANOTHER financial crisis as borrowing reaches 11-year high
BRITISH households racked up debts at the fastest rate since March 2005 — the run up to the financial crisis — sparking fears of a borrowing bubble inflated by low interest rates. Consumer credit, including credit cards and personal loans, grew by 9.7 per cent to reach £1.9billion in March. The last time...