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EU to crack down on Uk tries to sidestep banker reward cap

EU to crack down on Uk tries to sidestep banker reward cap

Under proposals, bankers or traders with the identical occupation description would obtain the very same allowance, regardless of individual overall performance   Photograph: Rex Attributes European Union regulators are poised to ban generous Metropolis of London monetary sector allowances that are noticed as sidestepping Brussels laws setting a cap on…

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Former JJB boss faces fraud demo

Former JJB boss faces fraud demo

Chris Ronnie to experience fraud expenses at Southwark Crown Court docket   Image: PA The previous chief executive of JJB Sporting activities will go on trial on Monday accused of a £1m fraud. The trial, at Southwark Crown Court, will shine a light-weight on functions at the company prior to…

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Metropolis braced for shockwaves from Scottish independence vote

Metropolis braced for shockwaves from Scottish independence vote

Despite the fact that sterling strengthened on the growing expectation of a No vote, nervousness between traders remained   Image: Gordon Jack Buyers in the Town of London and outside of ended up on Thursday evening braced for the benefits of the Scottish independence referendum amid indications the final outcome…

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Alibaba 'to add billions to its valuation'

Alibaba ‘to add billions to its valuation’

Chinese ecommerce large to increase price tag assortment of IPO shares as it prepares to shut order ebook due to substantial trader demand from customers, in accordance to stories

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Theresa Might to relax China visa principles on Friday

Theresa Might to relax China visa principles on Friday

Government moves to appease Uk organizations, but British Airways proprietor claims new proposals do not go considerably sufficient   Photo: Reuters The Authorities will announce on Friday it is calming portion of Britain’s difficult guidelines on Chinese visas, in a bid to appease Uk organizations and China’s leaders. Theresa Might,…

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Housing shortage has place residences out of reach for 'ordinary people'

Housing shortage has place residences out of reach for ‘ordinary people’

The Government need to deal with the UK’s ‘chronic’ lack of housebuilding, urges the CBI, as home charges proceed to rise

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Rogue trader Jerome Kerviel to depart prison just 110 days into 3-yr sentence

Rogue trader Jerome Kerviel to depart prison just 110 days into 3-yr sentence

Former banker who misplaced Societe Generale almost €5bn will dedicate his time to “community service”   Photo: Reuters Convicted rogue trader Jerome Kerviel has been advised he can stroll free from prison just 110 days into a 3-year sentence. The former Societe Generale banker, who took the French loan company…

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Week ahead in enterprise and economics: September one-five

Week ahead in enterprise and economics: September one-five

Hargreaves Lansdown puts good spin on investment reforms   Redrow , the housebuilder which began paying out dividends yet again following years in February, has witnessed its shares underperform the FTSE 250 about 11pc so far this yr. It has also underperformed larger rivals such as Taylor Wimpey and Persimmon,…

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Markets could be heading for 'scary' 60pc crash, warns analyst

Markets could be heading for ‘scary’ 60pc crash, warns analyst

Federal Reserve’s failure to increase interest rates could see a stock market slump to rival 2007, says analyst Stock markets could be heading for a “scary” crash that may wipe up to 60pc off the value of the world’s major organizations, an analyst has warned. Just a day following Amercia’s…

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Here's why the financial sector is so worried about Scottish independence vote

Here’s why the financial sector is so worried about Scottish independence vote

Practically the only issue that we can say is that it will adjust Scotland’s relationship with the rest of the Uk

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