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Brussels plans new money-laundering crackdown

Brussels plans new money-laundering crackdown
European Banking Authority to get powers to directly sanction banks.Brussels has redoubled efforts to combat money laundering and terrorist financing with proposals to give the European Banking Authority (EBA) a powerful new mandate to impose ...

Turkey bans use of foreign currency in property market

Turkey bans use of foreign currency in property market
Turkey is banning the use of foreign currencies in the country's property market as it looks to stem the dramatic fall of its own currency, the lira. President Recep Tayyip Erdogan issued a decree on Thursday announcing that contracts for sales, rent and ...

Nearly 19,000 UK earners now on more than £1m a year

Nearly 19,000 UK earners now on more than £1m a year
The number of people in the UK earning more than £1m a year has jumped to over 18,700, with more than one in 10 of them living in Kensington and Chelsea, according to figures released by HM Revenue & Customs. The total increased by 3,700 in the latest ...

Fresh from end of bailout, Greek PM announces tax breaks

Fresh from end of bailout, Greek PM announces tax breaks
THESSALONIKI, Greece (Reuters) - Greek Prime Minister Alexis Tsipras on Saturday unveiled plans for tax cuts and pledged spending to heal years of painful austerity, less than a month after Greece emerged from a bailout programme financed by its EU partners ...

The real Goldfinger: the London banker who broke the world

The real Goldfinger: the London banker who broke the world
Every January, to coincide with the World Economic Forum in Davos, Oxfam tells us how much richer the world’s richest people have got. In 2016, their report showed that the wealthiest 62 individuals owned the same amount as the bottom half of the world’s ...

Who's behind the blog

Who's behind the blog

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