Cyprus bailout: debate postponed by parliament
Cyprus’ parliament had been due to decide whether to back a controversial bailout deal for the country’s banks on Sunday 17 March 2013, but has pushed back the vote until Monday 18 March 2013.
Under the terms of the 10 …
Budget 2013 – a date for your diary
Chancellor George Osborne will deliver his 2013 budget to parliament on Wednesday 20 March 2013.
The budget will set out the government’s financial plan of action for the next few years.
As always Farrell Financial Planning will provide updates on …
UK unemployed down by 14,000
UK unemployment fell in the three months to December 2012, while the number of people in work jumped to a new record.
For this period there were 2.5 million unemployed people, which is down 14,000 on July to September 2012.…
Andrew Bailey appointed Bank of England deputy governor
Andrew Bailey will become a deputy governor of the Bank of England and chief executive of the bank’s new prudential regulation authority (PRA) from 1st April 2013.
He is already head of prudential supervision at the Financial Services Authority and …
Bank of England holds interest rates and refrains from further QE
The Bank of England has kept UK interest rates at 0.5% and announced no expansion to its quantitative easing (QE) programme.
The quantitative easing stimulus programme has already injected £375 billion into the UK financial system.…