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New regulations to lay ETF fears to rest - Lyxor
LONDON (Reuters) - New guidelines that could be adopted next year on how exchange-traded-funds (ETFs) are sold would be a shot in the arm for the industry, laying to rest concerns about uninformed small investors buying unsuitable products, a leading provider said.
It’s not just bankers seeking a way round bonus tax
Fund managers, stockbrokers, and even some financial advisers will be hit by the new 50 per cent levy on “bankers’” bonuses
Energy bills up 9 percent in 2011 despite lower demand
LONDON (Reuters) - Household energy bills rose 9.2 percent on average this year, by way more than inflation and even though domestic consumption levels were lower than in 2010, provisional government data showed on Thursday.
Top bankers destroy value, study claims
Bankers should count themselves lucky they are being hit by a mere 50 per cent additional tax on bonuses, a report argues, because their benefit to society is negative
Banks restrict lending to existing customers
More people are applying for loans but fewer are securing one, and those banks that are lending are only doing so to their existing customers
