Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – Retail industry experts warned Monday that the 2.5 percent increase in value added tax, which took effect Tuesday, will be exploited by merchants to hike the prices of their wares. Experts estimate cost of goods and even services will go up by about 8 [...]
Posts Tagged ‘London’
VAT rise in Britain may be used to hike prices of goods
January 4th, 2011 
davidguide 
Posted in Lending News 
Tags: alcoholic beverages, average families, effective tax rate, GBP, george osborne, Hernandez, labor party leader, Lending, London, national budget deficit, News, Percent, retail research 
Comments OffInternational Outrage Follows Arrest of Wikileaks Founder
December 11th, 2010 davidguide Tom Ramstack – AHN News Correspondent London, United Kingdom (AHN) – International protest is building about the arrest of Wikileaks founder Julian Assange this week. Assange is being held in a British jail awaiting extradition to Sweden on rape charges. Meanwhile, the U.S. Justice Department is seeking to extradite him to the United States to [...]
Posted in Lending News Tags: arrest, Australia, australian citizen, Brazil, Calif., department, Follows, Founder, government, International, international protest, julian assange, kevin rudd, Lending, London, luiz inacio lula da silva, lula da silva, Mexico, Mexico City, Minister Kevin Rudd, Mr. Assange, News, outrage, president luiz inacio lula, president luiz inacio lula da silva, Prime Minister Vladimir Putin, protest, report, Robert Gates, Rudd, Russia, Sen. Joseph Lieberman, Sweden, U.S., U.S. Justice, United Kingdom, United States, WikiLeaks Comments OffIceland to repay Britain $3.45 billion debt due to Icesave Bank failure
December 10th, 2010 davidguide Vittorio Hernandez – AHN News Reykjavik, Iceland (AHN) – Iceland will start repaying a $3.45 billion (EUR 2.6 billion) from Britain in 2016. Reykjavik owed the amount to London after the online Icesave Bank failed two years ago. The agreement to repay ends two years of dispute over interest rates between the two countries after [...]
Posted in Lending News Tags: $3.45, agency moody, agreement, Bank, billion, Britain, debt, Denmark, european economic area, failure, Finland, high interest accounts, Iceland, Icesave, interest, international monetary fund, Lending, Loan, London, Norway, Percent, repay, Reykjavik, reykjavik iceland, Sweden, the Netherlands, U.K, welsh councils Comments OffBritain’s FSA Refuses To Publish Results Of Royal Bank Of Scotland Probe
December 6th, 2010 davidguide AHN News Staff London, England, United Kingdom (AHN) – Anger is growing throughout Britain over the refusal by the Financial Services Authority to publish the result of its investigation of the Royal Bank of Scotland failure. The FSA commissioned PricewaterhouseCoopers to probe the RBS, which needed a $67.5 billion (GBP 45 billion) government bailout after [...]
Posted in Lending News Tags: Bank, bank administration, Britain, Britain's, Chancellor George Osborne, England, Financial, fred goodwin, FSA, george osborne, Lending, liberal democrat party, London, pricewaterhousecoopers report, Probe, Publish, RBS, Refuses, result, Results, Royal, royal bank of scotland, Scotland, sir fred, Sir Fred Goodwin, United Kingdom Comments OffRevealed: US and UK fears over security of Pakistan’s nuclear weapons
November 30th, 2010 davidguide US and UK diplomats warn of terrorists getting hold of fissile material and of Pakistan-India nuclear exchange American and British diplomats fear Pakistan’s nuclear weapons programme could lead to fissile material falling into the hands of terrorists or a devastating nuclear exchange with India. The latest cache of US embassy cables released by WikiLeaks contains [...]
Posted in Lending News Tags: Afghanistan, Anne Patterson, british diplomats, british foreign office, Cable, diplomatic correspondence, economic catastrophe, fears, fissile, India, Intelligence, ISLAMABAD, Jon Day, Leslie, London, london arms, material, meeting, Nuclear, nuclear stockpile, over, Pakistan, Pakistan's, Revealed, secret cable, security, Tim Roemer, UK, US, Washington, weapons, Yuri Korolev Comments OffBritain’s Budget Office Forecasts Inflation To Outpace Income Growth
November 30th, 2010 davidguide AHN News Staff London, England, United Kingdom (AHN) – Britain’s Office for Budget Responsibility warned Monday that the country’s inflation rate would likely outpace income growth over the next two years. The OBR forecasts 2011 inflation rate at 2.8 percent, while average earnings will rise by only 2.2 percent. The higher Consumer Price Index outlook [...]
Posted in Lending News Tags: austerity measures, average earnings, Britain, Britain's, british coalition, budget, Chancellor George Osborne, consumer price index, double dip recession, England, Forecasts, growth, household energy, income, inflation, inflation rate, Lending, London, OBR, office, Osborne, Outpace, Percent, rate, recovery, United Kingdom Comments OffGerman Nov. seasonally-adjusted jobless fall 9,000
November 30th, 2010 davidguide LONDON (MarketWatch) — The seasonally-adjusted number of jobless workers in Germany fell by 9,000 in November, the nation’s federal labor office reported Tuesday. Economists had forecast a decline of 20,000 after a fall of 3,000 in October. The adjusted unemployment rate was unchanged at 7.5%, matching expectations. Market Pulse Stories are Rapid-fire, short news bursts [...]
Posted in Lending News Tags: 9000, economists, Fall, German, Germany, jobless, jobless workers, London, market pulse, MarketWatch, nation, News, Nov, November, number, rapid fire, seasonallyadjusted, short news, Stories, unemployment rate Comments OffIrish banks suffer downgrades
November 27th, 2010 davidguide Ireland’s banks suffered a string of credit downgrades – one reduced to junk-bond status – as speculation mounted that an EU-IMF bailout of Ireland could require senior bondholders to share the massive bill. ||| Dublin – Ireland’s banks suffered a string of credit downgrades – one reduced to junk-bond status – as speculation mounted that [...]
Posted in Lending News Tags: Allied, allied irish banks, Anglo, anglo irish bank, bailout, Bank, banks, brian cowen, Britain, budget, Constantin Gurdgiev, Donegal, Downgrades, Dublin, EU-IMF, Europe, imf bailout, international monetary fund, Ireland, Irish, junk bond status, London, markets in ireland, New York, Percent, Prime Minister Brian Cowen, suffer, trinity college dublin, United States Comments OffEconomics focus: The joyless or the jobless
November 25th, 2010 davidguide Should governments pursue happiness rather than economic growth? IN 2006 Richard Layard, an economist at the London School of Economics, argued that unhappiness was a bigger social problem in Britain than unemployment. In the “Depression Report”, which he co-wrote, Lord Layard pointed out that more people were claiming incapacity benefits because of depression and other [...]
Posted in Lending News Tags: Britain, david cameron, Depression, economic gloom, Economics, Economist, focus, GDP, growth, happiness, incapacity benefits, jobless, joyless, London, london school of economics, Lord Layard, mental disorders, office of national statistics, Richard Layard Comments OffDjankov Emphasizes in London Bulgaria’s Quest for Chinese Investors
November 24th, 2010 davidguide Bulgaria’s Deputy PM and Finance Minister Simeon Djankov has emphasized that the country is seeking to attract large-scale investments from the People’s Republic China. “China is the economy of the 21st century. We’ve seen growing interest from Chinese investors of coming to our region, specifically Bulgaria,” Djankov said at the Bloomberg Businessweek European Leadership Forum [...]
Posted in Lending News Tags: Bulgaria's, businessweek, china china, Chinese, chinese investors, Djankov, Emphasizes, finance minister, Investors, leadership forum, London, Quest, republic china, simeon djankov Comments Off