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Deputy governor sorry for calling economy 'menopausal'

Deputy governor sorry for calling economy 'menopausal'
The Bank of England's deputy governor has apologised for saying the UK economy is entering a "menopausal" era. Ben Broadbent used the phrase in an interview with the Daily Telegraph to describe economies that were, in his words, "past their peak, ...

Victoria to impose 8% tax on online betting agencies

Victoria to impose 8% tax on online betting agencies
The rate, which treasurer Tim Pallas says will raise $30m a year, is less than half that of other states.Victoria will impose an 8% point-of-consumption tax on online betting agencies, barely half the rate introduced or promised in other states. The tax ...

Barclays boss Jes Staley fined £642,000 over whistleblower scandal

Barclays boss Jes Staley fined £642,000 over whistleblower scandal
FCA says chief, who will also repay £500,00 of bonus, ‘breached standard of care required’The Barclays chief executive, Jes Staley, has been ordered to hand over more than £1.1m out of his own pocket as punishment for attempting to unmask a ...

HMRC accused of ignoring online VAT fraud worth £1.2bn a year

HMRC accused of ignoring online VAT fraud worth £1.2bn a year
Campaigners say no rogue traders have been prosecuted for selling wares on Amazon and eBay without VAT.HM Revenue & Customs has been accused of being soft on billions of pounds of VAT fraud committed by rogue traders using online marketplaces such ...

RBS settles US Department of Justice investigation with $4.9bn fine

RBS settles US Department of Justice investigation with $4.9bn fine
Bank chief hails end of inquiry as ‘milestone moment’ with government now clear to sell off taxpayer stake.Royal Bank of Scotland has agreed a $4.9bn (£3.6bn) penalty with the US Department of Justice to end an investigation into sales of financial ...

Who's behind the blog

Who's behind the blog

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