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The great interest rate rip off part 10


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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Union and Shell to resume talks Tuesday over U.S. refinery pact

 

8:20pm GMT

 

Global shares slip on China growth fears, Greece tensions

 

FXpert 8:05pm GMT

 

Diamond prices firm as Dubai banks fill funding gap - Gem Diamonds

 

7:18pm GMT

 

Oil rallies for third day after OPEC sees greater crude demand

 

FXpert, 7:16pm GMT

 

G20 plan for investment targets runs into stiff opposition | btn_rel_video.gif

 

World, G20, 7:05pm GMT

 

HSBC admits Swiss bank failings over client taxes | btn_rel_video.gif

 

G20, Tennis 7:04pm GMT

 

U.S. considering reopening 2012 HSBC deferred prosecution deal - source

 

7:04pm GMT

 

MPs to probe HSBC over tax evasion

 

7:02pm GMT

 

Ukraine calls parliament to discuss budget changes for IMF deal

 

World 6:59pm GMT

 

Spain's Podemos party says Falciani, source of HSBC leaks, to advise it

 

Spain 6:45pm GMT

 

Axiom postpones 500 million pound London listing, cites Greek uncertainty

 

6:43pm GMT

 

Exclusive - NY puts monitor in Deutsche to probe possible forex rigging: sources

 

6:25pm GMT

 

Euro zone, Greece face off as markets take fright | btn_rel_video.gif

 

World, G20 6:22pm GMT

 

Germany's Merkel says waiting for Greece's proposal for reforms

 

World, 6:05pm GMT

 

Belgium considers arrest warrant against HSBC Switzerland directors

 

5:59pm GMT

 

Denmark seeks names of HSBC Swiss account holders

 

5:59pm GMT

 

Weak utility stocks, HSBC take spark out of FTSE

 

FXpert 5:51pm GMT

 

Germany's Merkel says wants European trade agreement with U.S

 

5:35pm GMT

 

Greek markets plunge as defiant PM Tsipras sets up clash with EU

 

World 5:13pm GMT

 

GM gets 57 more claims for faulty ignition switch compensation

 

4:51pm GMT

 

McDonald's January sales dragged down by China, Japan

 

4:36pm GMT

 

Tesco eyes majority stake sale of data unit Dunnhumby - source

 

4:32pm GMT

 

Deloitte names first female CEO of a Big 4 firm

 

4:24pm GMT

 

Exclusive - Rich world helping bankroll export of coal technology: data

 

G20 4:18pm GMT

 

ScottishPower hives off two billion pounds in longevity risk to Abbey Life

 

3:55pm GMT

 

L&G enters lifetime mortgage market with Newlife Home Finance buy

 

3:49pm GMT

 

Germany rejects Greek claim for World War Two reparations

 

World 3:28pm GMT

 

Methodology change sees Indian economy grow faster than China's

 

2:56pm GMT

 

OPEC says oil's drop hitting other producers faster than thought

 

FXpert, 2:43pm GMT

 

Greek PM Tsipras says confident of finding compromise with Europe

 

World 2:27pm GMT

 

Greece says restructuring debt, cutting surplus are non-negotiable

 

World 2:27pm GMT

 

Tycoon Dhanin unfazed after Tesco rebuffs approach for Thai unit - sources

 

2:19pm GMT

 

GM extends top lawyer's stay as search for successor still ongoing

 

2:00pm GMT

 

G20 - BOJ's Kuroda says weaker oil prices a plus for global economy

 

G20, Japan, FXpert 1:48pm GMT

 

Greek finance minister condemns bailouts, confirms plans for EU bridge pact

 

World 1:44pm GMT

 

India central bank asks lenders to make checks on export advances

 

1:36pm GMT

 

Canada calls for Greek debt compromise

 

World, G20 1:32pm GMT

 

Germany's Schaeuble frets about market impact if Greece drops bailout

 

World, G20 1:15pm GMT

 

Austria says goal must be keeping Greece in euro zone

 

World, 1:14pm GMT

 

German economy minister urges Greece to present plan 'very quickly'

 

World, 1:13pm GMT

 

Europe and Greece want to solve differences - French finance minister

 

World, IMF, G20 1:12pm GMT

 

Greek 2014 primary budget surplus seen meeting bailout target

 

World, 1:10pm GMT

 

Swiss sight deposits rise, add to signs of possible SNB intervention

 

1:05pm GMT

 

Irish car sales soar in January as recovery broadens

 

1:01pm GMT

 

Greek industrial output falls 3.8 percent year-on-year in December

 

World 12:59pm GMT

 

European shares fall on Greek worries, Chinese growth concerns

 

World 12:59pm GMT

 

U.S. urges Greece, Europe to calm austerity tensions - CNBC

 

World 12:53pm GMT

 

VW's Audi beats Mercedes with record January sales

 

12:51pm GMT

 

Greek markets plunge after defiant PM Tsipras speech

 

World 12:49pm GMT

 

PM chairs meeting on possible Greek exit from euro - spokesman

 

12:49pm GMT

 

Juncker tells Greek PM - don't assume euro zone will accept your plans

 

World 12:49pm GMT

 

Standard Chartered appointed LBMA market maker

 

12:20pm GMT

 

Nissan Motor raises profit forecast on forex windfall

 

12:13pm GMT

 

Bank of England confirms officials present at PM's Greek euro exit meeting

 

12:12pm GMT

 

Cameron chaired Greek euro exit meeting - source

 

12:11pm GMT

 

Carrefour elevates deputies as CEO Plassat recovers from surgery

 

11:42am GMT

 

BG parachutes turnaround CEO in early after $6 billion writedown

 

11:37am GMT

 

EU regulators to rule on Aviva, Friends Life deal by March 13

 

11:31am GMT

 

Signs of economic pick-up in euro zone - OECD

 

11:24am GMT

 

Woodford exits bets on Smith & Nephew, Gagfah; adds P2P Global in January

 

11:10am GMT

 

Bank of England's Carney urges 'big push' on bank rules, worries over reform fatigue

 

G20 11:01am GMT

 

Economists see zero growth in Brazil in 2015 - poll

 

10:50am GMT

 

Turkey's Basci says achieving inflation target to contribute to growth

 

World, G20 10:50am GMT

 

Japanese public institutions lead foreign share buying at record pace

 

Japan 10:44am GMT

 

Russians write open letter to Putin over foreign-currency mortgages

 

10:40am GMT

 

Turkey's Babacan says unclear if G20 will commit to specific investment targets

 

G20, World 10:38am GMT

 

Italy's Padoan says Europe should be bolder in boosting investments

 

World, G20, 10:34am GMT

 

Standard Chartered targets wealthier customers in retail bank revamp

 

10:28am GMT

 

Euro zone sentiment improves sharply in February on ECB bond-buying

 

9:37am GMT

 

Areva's losses last year could be over 3 billion euros - Journal du Dimanche

 

8:43am GMT

 

Chinese firm buys British deep-sea robot designer

 

8:08am GMT

 

Randgold says gold price slump hits profit; raises dividend

 

8:06am GMT

 

German adjusted exports hit record high in December

 

7:54am GMT

 

Japan current account surplus shrinks to smallest in 2014

 

Japan 6:36am GMT

 

BOJ's Morimoto says Japan won't return to deflation despite oil rout

 

Japan 6:36am GMT

 

Japan service sector sentiment improves in January

 

Japan 6:32am GMT

 

Insight - U.S. companies may not be fleeing due to high tax rate, Reuters analysis shows

 

Special Reports 6:09am GMT

 

Factbox - U.S. Companies doing tax inversions have wide-ranging motives

 

Special Reports 6:07am GMT

 

China demand not as weak as import slump suggests

 

5:09am GMT

 

China launches first equity options, investors bet stock prices to rise

 

4:03am GMT

 

Morgan Stanley aims to sell stakes in Lansdowne, Avenue

 

1:52am GMT

 

Credit Suisse to launch speciality finance company - WSJ

 

1:37am GMT

 

Terra Firma to put 1 billion euros of its own capital into deals - FT

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

9 February 2015 Last updated at 20:32

 

 

MPs to launch inquiry into HSBC_80892420_80869258.jpg New

 

The Public Accounts Committee will be launching an "urgent" inquiry into tax evasion by wealthy clients of HSBC.

 

 

_80880141_80879804.jpgUK plans for possible Greek euro exit

 

UK prime minister David Cameron plans for a possible Greek exit from the eurozone, the BBC's economics editor Robert Peston learns. 1166

 

 

 

_80895277_railtunnelnov13afp.jpgEU probes rail project fraud claim

 

An EU fraud investigation opens into the Lyon-Turin high-speed rail project, after Green MEPs complained of serious misspending.

 

 

 

Other Top Stories

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

The game changer: US health group eyes up NHS contracts

 

America’s prestigious Cleveland Clinic has hired British staff to explore its UK opportunities

 

HSBC leaks Q&A: A global scandal or a storm in a Swiss tea-cup?

 

 

 

 

HSBC chiefs may face MPs over tax avoidance claims

 

 

 

 

German fans label Greek finance minister 'poor but sexy'

 

 

 

 

Economists sceptical as India posts robust quarterly growth figures

 

 

 

 

HSBC scandal: Philip Green's friends distance billionaire from Swiss bank investigation

 

 

 

 

Head of Bank of England issues plea to stay the course on financial system reforms

 

 

 

 

David Cameron meets advisors over possible Greek exit from eurozone

 

 

 

 

B&Q 'memo' tells staff to read Fifty Shades of Grey to prepare for surge in bondage prop sales

 

 

 

 

HSBC scandal: Nick Clegg accuses Labour of 'letting the banks run riot'

 

 

 

The retail giants of yesteryear have fallen - but cheering feels wrong

 

Global Outlook

 

BT could have been a dull utility but after this week, the sky’s the limit

 

 

 

 

Mark Leftly: Who is in the MoD's sights to equip our armed forces?

 

 

 

 

Mark Leftly: They gave the watchdog power to probe supermarkets. Shame they forgot the teeth

 

 

 

 

James Moore: FCA's white knights idea has some grey areas

 

 

 

 

James Moore: Super-competitive Sky worth keeping an eye on

 

 

 

 

James Moore: Be warned. When it comes to austerity and cuts, we ain't seen nothing yet

 

 

 

 

James Moore: Icap fights back at EU, but at what cost?

 

 

 

 

James Moore: Rupert Murdoch's off the hook as Wall Street moves on

 

 

 

 

James Moore: Tesco's golden goodbyes leave the firm with yet more egg on its face

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Greece's leaders stun Europe with escalating defiance

 

syriza_3169974d.jpg

"The euro is like a house of cards. If you pull away the Greek card, they all come down,” says Yanis Varoufakis, the Greek finance minister

1129 Comments

Direct-Line-22-upd_2517723g.jpg

Pensioner landlords could drive up house prices

 

A wave of retirees entering the buy-to-let market will push home ownership dream further out of reach for first-time buyers

113 Comments

euro-fire_2268874g.jpg

ECB doing 'too little, too late' to rescue eurozone, experts warn

 

A eurozone quantitative easing scheme will not be enough to revive the euro area, as policymakers repeat the same mistakes that saw Japan lose two decades, according to economists

40 Comments

 

scotland_2715100g.jpg

The European regions that could be better of going it alone

 

Scotland, Flanders and Catalonia are among the European regions that could be better off going it alone, says Deutsche Bank

1 Comment

tesco_2161591g.jpg

Thai billionaire Dhanin Chearavanont keen on Tesco Lotus deal

 

Tesco receives approach for Thai business Tesco Lotus as it considers asset sales to boost balance sheet

Comment

New F35-B fighter gives Rolls-Royce a lift

 

F35hover_3192485d.jpg

Rolls-Royce signs new agreements to supply systems that let the F-35B jet hover

17 Comments

westgate_small_3192721g.jpg

The Queen's property firm to start work on new Oxford shopping centre

 

The Crown Estate and Land Securities have spent four years planning to redevelop Westgate

11 Comments

morgan-stanley-bank_999714g.jpg

Morgan Stanley eyes an exit from hedge funds

 

The US bank is looking to sell off its stakes in Lansdowne Partners and other alternative investment groups

Comment

Opec revises up oil demand but foresees US shale decline

 

fracking_2177051d.jpg

 

 

carney_2732511g.jpg

Mark Carney: No room for complacency on strength of global banking system

 

Bank of England Governor says he is worried about global 'financial reform fatigue'

 

Five things the UK should do to prepare for a Grexit

 

Despite the boasts, UK is bottom on deficit reduction

 

No need to panic - there is no real fiscal crisis in the UK

 

The ECB has learnt nothing from Japan's lost decade

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Consumer Protection Agency Seeks Limits on Payday Lenders

 

By JESSICA SILVER-GREENBERG 1:31 PM ET

 

The Consumer Financial Protection Bureau is starting to draw up regulations that could sharply reduce the number of unaffordable loans from payday lenders.

 


10ruble-web-thumbStandard.jpg

Ruble’s Fall Tests Governor of Russia’s Central Bank

 

By ANDREW E. KRAMER 1:42 PM ET

 

Elvira S. Nabiullina, governor of the Bank of Russia, views the ruble’s steep drop as a painful but necessary step to wean the nation off imports.

 

appareljump-thumbStandard.jpg

With Paula Schneider as New Chief, American Apparel Shifts Focus

 

By HIROKO TABUCHI

 

Ms. Schneider is transforming a “wild, wild West” culture to one of discipline, while working to maintain a customer base that is “a little rebel.”

 

10rivals2-web-thumbStandard.jpg

Chinese Phone Upstarts Sell With Personality, Not Product

 

By PAUL MOZUR 1:56 PM ET

 

Newer Chinese tech companies like Smartisan, founded by Luo Yonghao, recognize that they are selling an identity as much as a phone.

 

10yuan-web1-thumbStandard.jpg

In China, Heavy Industry Unexpectedly Falls Sharply

 

By KEITH BRADSHER

 

The extent to which the downturn will ripple across the rest of China’s economy remains unclear.

 

10hasbro1-web-thumbStandard.jpg

Hasbro Revenue Rises 5%, Bolstered by Strong Toy Sales

 

By RACHEL ABRAMS 1:47 PM ET

 

Brian Goldner, the toy maker’s president and chief executive, credited the strength of the company’s Transformers and My Little Pony franchise, with helping to drive sales.

 

DealBook

 

HSBC Under Renewed Scrutiny Over Swiss Tax Avoidance Claims

 

By CHAD BRAY 2:00 PM ET

 

A report released by a journalists’ consortium said employees had reassured clients the bank would not disclose details of their accounts to tax authorities in their home countries.

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

HSBC leaks: David Cameron faces grilling over party links with scandal-hit bank

 

Three senior bank figures have donated £875,000 to the Tories in recent years

 

Business leaders hit out at Ed Miliband's British Chambers of Commerce no-show

 

 

 

 

Just how weak is pay growth really?

 

 

 

 

HSBC tax leaks: FCA was not formally told about the scandal, says Martin Wheatley

 

 

 

 

Heathrow expansion is 'urgent', says airport boss John Holland-Kaye

 

 

 

 

Tesco returns to sales growth for first time since January 2014

 

 

 

 

Subway co-founder Fred DeLuca hands over more responsibility to his younger sister

 

 

 

 

UBS says it is being investigated by US authorities over potential tax evasion

 

 

 

 

HSBC scandal: Watch Stephen Green, former boss of HSBC, refuse to comment seven times

 

 

 

 

Terra Firma to stage a comeback with €1bn war chest for new investments

 

 

 

James Moore: 'Ready for Brexit?' deserves a wide readership – before it's too late

 

Outlook

 

 

James Moore: HSBC’s scandal spotlights the inertia of HMRC

 

 

 

 

Premier League TV rights: As long as viewers are sofa-bound and spending, the broadcasters will shell out

 

 

 

 

James Moore: Forex trading? Prepare to step up to the plate ...

 

 

 

 

The retail giants of yesteryear have fallen - but cheering feels wrong

 

 

 

 

BT could have been a dull utility but after this week, the sky’s the limit

 

 

 

 

Mark Leftly: Who is in the MoD's sights to equip our armed forces?

 

 

 

 

Mark Leftly: They gave the watchdog power to probe supermarkets. Shame they forgot the teeth

 

 

 

 

James Moore: FCA's white knights idea has some grey areas

 

 

 

 

James Moore: Super-competitive Sky worth keeping an eye on

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Halliburton expects to cut up to 8 percent of jobs as oil slumps

 

7:30pm GMT

 

GM investor seeks board seat, $8 billion stock buyback

 

7:13pm GMT

 

Factbox - General Motors' 15 largest shareholders

 

7:01pm GMT

 

EU's Juncker steps up contacts with Greece, scant progress so far

 

G20 6:59pm GMT

 

No plan for Greece ready, Athens must extend bailout - Moscovici

 

6:59pm GMT

 

Greece says cannot exclude clash in EU negotiations

 

6:59pm GMT

 

Sky pays record 4.2 billion pounds for Premier League rights, BT takes the rest

 

UK, Sport 6:48pm GMT

 

Finance chiefs vow action to bolster growth at G20 meet, Greece weighs | btn_rel_video.gif

 

G20 6:42pm GMT

 

Venezuela announces new currency system, large devaluation seen

 

FXpert 6:34pm GMT

 

U.S. wholesale stocks weak; job openings highest since 2001

 

6:28pm GMT

 

Oil rebound falters as IEA hints at record-high stocks

 

FXpert 6:14pm GMT

 

Putin's oil tsar slams OPEC and U.S., launches broadside at price crash

 

FXpert 6:14pm GMT

 

Fed's Lacker eyes June hike, Williams says getting 'closer'

 

6:04pm GMT

 

IMF weighs dropping U.S. veto over delayed reforms - sources

 

IMF 6:01pm GMT

 

Bilfinger names new finance chief, has favoured candidate for CEO

 

5:55pm GMT

 

ECB's Jazbec, on Greece, says 'we can't solve all problems'

 

5:54pm GMT

 

G20 says ready to use fiscal, monetary tools to boost growth | btn_rel_video.gif

 

G20 5:53pm GMT

 

ECB's Noyer sees no sign of currency war at G20 talks

 

G20 5:53pm GMT

 

S&P, Fitch warn on long-term ratings of four Greek banks

 

5:51pm GMT

 

S&P, Fitch warn on long-term ratings of four Greek banks

 

5:51pm GMT

 

U.S. buyout firm Warburg Pincus to cut Poundland stake

 

5:42pm GMT

 

HSBC condemns past practices as pressure grows over Swiss accounts | btn_rel_video.gif

 

5:39pm GMT

 

Swiss scandal haunts HSBC's former boss Stephen Green

 

5:38pm GMT

 

EU targets interim Greek debt deal by next week

 

5:22pm GMT

 

EU's Juncker, Greek PM Tsipras phone call held in 'positive spirit'

 

5:22pm GMT

 

Bundesbank's Weidmann urges Greece to make 'credible' reform effort

 

G20 5:22pm GMT

 

EIA expects 2015, 2016 U.S. oil production unchanged

 

FXpert 5:20pm GMT

 

Factbox - Key points in G20 finance ministers' and central bankers' communique

 

G20 5:08pm GMT

 

Weak U.S. wholesale stocks point to cut in fourth-quarter growth estimate

 

5:07pm GMT

 

Fed's Lacker says June the attractive option to hike rates

 

5:07pm GMT

 

Factbox - Greek finance minister heads to Eurogroup with wish list

 

5:05pm GMT

 

BOJ says no criticism of its quantitative easing policy at meetings in Istanbul

 

G20, Japan 5:01pm GMT

 

Deutsche Boerse faces renewed U.S. battle over Iran dealings

 

Middle East 4:58pm GMT

 

FTSE underperforms euro zone as commodity shares drop

 

FXpert 4:54pm GMT

 

Shares rise on Greek debt hopes; U.S. yields rise

 

FXpert 4:53pm GMT

 

German finance minister - If Greece doesn't want new programme, that's it

 

4:41pm GMT

 

Goldman is jack-of-all-trades, not master of one - CEO

 

4:36pm GMT

 

UK banks wrongly shunning customers in dash to cut risk, watchdog says

 

G20 4:32pm GMT

 

Greek public strongly behind government's hard line in EU fight - poll

 

4:31pm GMT

 

Risk of low growth means urgent to implement G20 growth commitments - IMF's Lagarde

 

G20, IMF 4:29pm GMT

 

IAG boss Walsh to defend Aer Lingus bid before Irish lawmakers

 

Aerospace & Defence 4:29pm GMT

 

Superdry clothing stores to open in Russia

 

4:09pm GMT

 

Russian finance minister says budget needs further 600 billion roubles in cuts

 

G20 4:03pm GMT

 

Media leaks on HSBC accounts 'tip of iceberg' - whistleblower Falciani

 

4:00pm GMT

 

EEX to launch wind power futures as renewables output grows

 

3:46pm GMT

 

IMF chief economist says 2015 growth forecasts a bit too gloomy

 

IMF 3:45pm GMT

 

William Hill approach lifts shares in online gambling company 888

 

Tech 3:27pm GMT

 

Credit Suisse BDC files amended registration statement

 

3:19pm GMT

 

Man GLG macro hedge fund lost nine percent in January, to shut - sources

 

3:18pm GMT

 

UK economy grew 0.7 percent in three months to January - NIESR

 

UK 3:16pm GMT

 

UK lawmakers, watchdog spar over rate swaps compensation

 

3:15pm GMT

 

UK minister questions when HSBC put tax scandal practices behind it

 

3:12pm GMT

 

Deutsche Bank expects Citi to buy back $1 billion in shares every quarter

 

3:05pm GMT

 

UK pension deficit hits record high $560 billion in January - data

 

2:54pm GMT

 

Greece aims to halt gold mine, cancel development of former airport

 

2:47pm GMT

 

Coca-Cola profit beats estimates; North American soda sales up

 

2:40pm GMT

 

ECB's Praet says ELA is only for short-term needs

 

2:40pm GMT

 

Dubai's Emirates says to hire more than 11,000 staff

 

Aerospace & Defence, Middle East 2:34pm GMT

 

Greek bank deposit outflows slow in February - bank sources

 

2:17pm GMT

 

U.S. official - Japan's quantitative easing is not the same as currency intervention

 

G20, Japan 2:16pm GMT

 

Permira cuts Hugo Boss stake to about seven percent

 

2:13pm GMT

 

Trick or treat? India's strong GDP figures mask economic reality

 

2:05pm GMT

 

Genel's Hayward warns over Iraq's oil growth amid low prices

 

FXpert 1:55pm GMT

 

Portugal's Novo Banco says deposits up by 4 billion euros

 

1:53pm GMT

 

Austria's Volksbanken to sell real estate lending units

 

1:45pm GMT

 

European Commission says there is no formal proposal for Greece

 

1:42pm GMT

 

Greek finance minister tests EU's ways of winning friends and influencing them

 

1:37pm GMT

 

Britain's battered Tesco sees sales finally turn higher

 

1:22pm GMT

 

Baillie Gifford lifts its Fiat stake to 7.29 percent

 

1:17pm GMT

 

Cable & Wireless third-quarter mobile revenue rises four percent

 

Tech 1:09pm GMT

 

UBS hit by warning on Swiss franc and negative rates

 

1:07pm GMT

 

Lloyds CEO calls for greater banking choice for small businesses

 

12:51pm GMT

 

HSBC private banking CEO says no place for past practices - memo

 

12:46pm GMT

 

Lufthansa load factors down in Asia, Middle East

 

Aerospace & Defence, Africa 12:43pm GMT

 

TUI Group to shake up airlines, cruises after merger

 

Aerospace & Defence 12:09pm GMT

 

U.S., Turkey vow to jointly fight Islamic State financing

 

G20 12:04pm GMT

 

Canon to buy video surveillance leader Axis for $2.8 billion

 

Tech, Japan 12:01pm GMT

 

China central bank vows to support growth, avoid 'pumping out' too much cash

 

11:58am GMT

 

U.S. oil output 'party' to last to 2020 – IEA

 

FXpert 11:56am GMT

 

Asset managers La Française, Alger agree strategic partnership

 

11:54am GMT

 

China data shows liquidity outpaces economic growth

 

11:52am GMT

 

FCA says not formally told of HSBC tax allegations

 

11:33am GMT

 

Russia to ratify agreement on BRICS bank by March

 

G20 11:14am GMT

 

Investec Bank signs $400 million loan

 

11:12am GMT

 

UK fund industry trade body in fresh push for fee transparency

 

11:01am GMT

 

Trade exhibition organiser ITE buys stake in Moscow-based auto events

 

10:50am GMT

 

India aims to amend arbitration law to lure foreign investors

 

10:45am GMT

 

Vodafone Egypt spending $1.25 billion on network upgrade

 

Tech, Middle East 10:43am GMT

 

Qualcomm to pay $975 million to resolve China antitrust dispute

 

Tech 10:34am GMT

 

With antitrust deal done, Qualcomm still faces China challenges

 

Tech, 10:34am GMT

 

IEA says shale's rise to stop OPEC regaining pre-crisis market share

 

FXpert 10:10am GMT

 

Euro zone, Greece face off as markets take fright | btn_rel_video.gif

 

World, G20 10:08am GMT

 

Greek defence minister says Greece has Plan B if EU rigid on deal

 

World 10:08am GMT

 

Greek markets recover ahead of euro zone meeting

 

World 10:08am GMT

 

New Look boss says firm ready for stock market listing

 

9:50am GMT

 

New Look CEO says firm 'ready' for stock market listing

 

9:44am GMT

 

G20 pledges decisive monetary, fiscal action if needed - draft text

 

G20 9:40am GMT

 

Reforms have diminished Greek risk - Canada's Oliver

 

G20 9:40am GMT

 

UK industrial output slips on oil, manufacturing stronger than expected

 

9:32am GMT

 

ICAP says Swiss franc movements drove 'near record' euro-franc volumes

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Premier League in £5.14bn TV deal_80917819_012557396-1.jpg

 

Sky and BT Sport pay a record £5.136bn to show live Premier League football between 2016 and 2019 - 71% above the current deal.

 

 

_80903441_80903317.jpgTax office could not share HSBC data

 

HM Revenue & Customs says it could not share details about HSBC's possible role in tax evasion, as row over who know what and when intensifies

 

 

 

_80919681_greeksreut.jpgGreece to push for bailout revision New

 

Greece's left-wing government drafts an alternative to its bailout conditions - but its EU partners remain sceptical.

 

 

 

Other Top Stories

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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BT and Sky pay 70pc more to secure Premier League rights

 

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BT and Sky win rights to broadcast Premier League matches over the next three years, but companies face a bill of £5.14bn to secure rights, representing inflation of more than 70pc

15 Comments russia_3024941g.jpg

Greece threatens tilt to Russia and China unless Europe yields

 

“We have other ways of finding money. It could be the United States, it could be Russia, it could be China" said the Greek defence minister

118 Comments

 

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Rosneft's Igor Sechin warns of US shale oil 'dotcom bubble'

 

Top Russian oil official accuses Opec and the West of manipulating oil markets after top energy watchdog warns falling prices will hit Kremlin

7 Comments

 

Grocery sales in Britain grow at fastest rate since 2008

 

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Tesco and Morrisons boosted as increase in sales volumes drives grocery market

Comment

 

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David Cameron announces Help To Grow for ambitious young firms

 

The Government will help 500 small businesses to become mid-market players through a package of support, David Cameron announced at the BCC conference today

11 Comments

 

Pension deficits at record high as contributions threaten to choke business

 

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A flood of liquidity provided by central banks across the continent has reduced the yields on Government debt, pushing up pension deficits

7 Comments

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TUI narrows loss in first results since merger

 

TUI Group cuts losses in first results since merging its British and German businesses to create holiday giant

Comment

The European regions that could be better off going it alone

 

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Scotland, Flanders and Catalonia are among the European regions that could be better off going it alone, says Deutsche Bank

82 Comments

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Companies let down by interest rate mis-selling redress, say MPs

 

Financial Conduct Authority says £1.8bn has been paid out but hundreds of firms are still waiting

3 Comments

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Lloyds calls for business banking shake-up

 

Antonio Horta-Osorio says it needs to be easier for businesses to leave their bank

 

For the third time in a century, America will have to ride to Europe's rescue

 

The truth on pay - far more people are now enjoying real wage rises

 

Greece's last minute offer to Brussels changes absolutely nothing

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Judge Threatens Plan for Puerto Rico to Avert Financial Catastrophe

 

By MICHAEL CORKERY 9:38 AM ET

 

Critical elements of Puerto Rico’s plan to avert financial disaster are in jeopardy, after a federal judge struck down a law that allowed the government to restructure certain debts.

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Christopher Gregory for The New York Times

 

Puerto Rico has tens of billions of dollars in debt and a stagnant economy.

 

 

 

DealBook Column

 

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Do Activist Investors Target Female C.E.O.s?

 

By ANDREW ROSS SORKIN 23 minutes ago

 

Only 23 women lead companies in the Standard & Poor’s 500-stock index. Yet at least a quarter of them have fallen into the cross hairs of activist investors.

 

 

 

 

DealBook

 

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Investors Seek Changes at G.M.

 

By MICHAEL J. DE LA MERCED

 

A former member of the Obama administration’s auto task force, Harry J. Wilson, has teamed up with big hedge funds to seek a seat on the auto maker’s board.

 

 

 

 

 

 

 

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Tesla Seeks a Stronger Foothold in China

 

By DAN LEVIN 1:01 PM ET

 

The American carmaker has been increasing the amount and speed of charging stations, an effort to address a common complaint among Chinese owners.

 

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Amy Pascal to Work on Sony’s Spider-Man Team

 

By BROOKS BARNES and MICHAEL CIEPLY 2:09 PM ET

 

Ms. Pascal had recently stepped down from major roles at Sony in the fallout over its hacking scandal.

 

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Coca-Cola Earnings Plunge 55%

 

By STEPHANIE STROM

 

The beverage giant cited currency fluctuations and charges tied to Venezuela, but it is grappling with the larger problem of changing consumer tastes.

 

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China Hits Qualcomm With Fine

 

By PAUL MOZUR and QUENTIN HARDY

 

In addition to the $975 million penalty, a record for the country, the chip maker agreed to sharply reduce the royalties it charges Chinese smartphone makers.

 

 

 

DealBook

 

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Justice Department Is Seeking Felony Pleas by Big Banks in Foreign Currency Inquiry

 

By BEN PROTESS and JESSICA SILVER-GREENBERG 11:45 AM ET

 

The Justice Department is demanding that some of Wall Street’s biggest banks plead guilty to criminal charges that they manipulated the prices of foreign currencies.

 

 

Towers of Secrecy

 

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Amid Complaints in India, a Real Estate Deal in Manhattan

 

By STEPHANIE SAUL and LOUISE STORY

 

As reports of unfinished homes mounted against Kabul Chawla, a New Delhi builder, an opaque corporate entity bought a $19 million condo at the Time Warner Center.

 

 

 

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Doulas, the Latest Wave in Maternity Culture, Are Organizing for More Recognition

 

By ANEMONA HARTOCOLLIS 10:14 AM ET

 

Doulas assist, assure, educate and advocate for pregnant women, but because of resistance from the medical profession and lack of insurance reimbursement, they are still a small part of the system.

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Link to post
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11 February 2015 Last updated at 20:09

 

 

HSBC: Tax chief shouted down by MPs_80937630_025818438.jpg

 

HM Revenue & Customs' Lin Homer faces hostile questioning from MPs as she denies ignoring information that UK citizens hid money in HSBC bank accounts in Switzerland.

 

 

_80936483_ifhth4xv.jpgCheaper oil 'will not boost growth'

 

Lower oil prices will fail to give a "significant boost" to global growth in the next two years, according to a report by Moody's.

 

 

 

_80936661_nbzwhusc.jpgSky shares down after football deal

 

Sky shares close 2.2% lower after it agrees to pay £4.1bn to show live Premier League football between 2016 and 2019.

 

 

 

Other Top Stories

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

No signs of Greek resolution at crucial Eurogroup meeting

 

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A stand-off between Greek leaders and the country's creditors has driven Athens-listed stocks lower

19 Comments Greece threatens tilt to Russia and China unless Europe yields

 

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“We have other ways of finding money. It could be the United States, it could be Russia, it could be China" said the Greek defence minister

1984 Comments

 

Sky shares tumble over massive Premier League bill

 

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BT investors meanwhile welcome relatively low inflation for its smaller share of matches

37 Comments

 

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Hedge funds hit back after Miliband's claim about tax

 

Industry body says hedge funds contributed £4bn in taxes to the UK economy last year and do not benefit from law change

7 Comments

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A record $6 trillion was poured into the world's companies last year

 

Lending surpasses 2007 levels for the first time, driven by surge in loans to Asia, according to Allen & Overy report

6 Comments

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Morrisons axes fruit and vegetable 'misting' machines

 

Morrisons axes misting machines that cooled fruit and vegetables after departure of Dalton Philips as chief executive

14 Comments

 

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Poundland's biggest shareholder flogs larger than expected stake

 

US private equity firm has sold off a large stake in Poundland following announcement to buy 99p stores

3 Comments

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My biggest fear is a three-party coalition, says housebuilder boss

 

Stamp duty reform and low interest rates boosts Redrow results

27 Comments

Tullow Oil makes first loss in 15 years as price slide bites

 

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FTSE 100 oil company aims to make $500m cost savings over three years to tackle price slide

Comment

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Glencore to divest 23.9pc Lonmin stake

 

Mining giant says it will divest Lonmin stake by distributing shares among its own investors

 

Greece's last minute offer to Brussels changes absolutely nothing

 

Pity the compliance officer left with no record of wayward financiers

 

Eurozone leaders believe Syriza must fail and be seen to fail

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Live Greece holds crunch talks with eurozone finance ministers - live updates

 

 

Greek finance minister Yanis Varoufakis will press for better terms for Greece’s debt deal in what are likely to be tense talks in Brussels

 

 

1,900 comments

Greece holds crunch talks with eurozone finance ministers - live updates

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

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