British policymakers sending sterling lower September 15, 2009 IT WAS all go on the City’s currency trading floors yesterday morning. What sparked the furious trading was Bank of England governor Mervyn King hinting to the Parliamentary Treasury Select Committee that the Bank would implement a cut in the interest rate that banks receive on their deposits with the Bank of England. Immediately, the [...]
Down to earth style August 20, 2009 WHAT a coincidence. Two weeks after the Trade Union Congress declared high heels a menace to health in the workplace, flat shoes have surged to the fore as the must-have fashion accessory for fall. Comfort and style in one – who knew? “Every season, brogues for women come back with more vengeance,” says a spokeswoman [...]
TUC calls for tax reforms September 8, 2008 The Trade Union Congress (TUC) has called for a new higher-rate tax bracket for those earning over £100,000, putting it on a collision course with Conservative leader David Cameron. The TUC’s statement, made in advance of its annual conference which begins tomorrow in Brighton, contrasts sharply with a newspaper interview given by Cameron at the [...]