Dutch minister of Finance makes offer for compensation due to the nationalisation of SNS REAAL
The Dutch minister of Finance makes an offer for compensation due to the expropriation of shares and subordinated debt of SNS REAAL and SNS Bank. The offer amounts to €0,- for both the expropriated shares as well as the subordinated debt. Source
Read MoreState of the Netherlands nationalises SNS REAAL
The Minister of Finance, in close consultation with De Nederlandsche Bank (DNB), has nationalised SNS Reaal. Savings deposits of clients are secure and the service provision of SNS REAAL has been safeguarded. The intervention has averted grave threats to financial stability and the economy. Source
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Trump tariffs likely to drag down weak UK growth, Bank policymaker warns
Sarah Breedon says too early to judge impact on inflation of ‘most significant change in trade policy in a century’ Business live – latest updates UK economic growth will be hit by US tariffs, which are the biggest trade policy change in a century, a senior Bank of
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Barclays cuts rates on some mortgages to below 4% amid US tariffs turmoil
Bank is largest UK lender to cut rates in apparent response to turbulence, and experts predict others will follow Business live – latest updates Barclays has become the largest UK lender so far to cut its mortgage rates in apparent response to the financial turmoil sparked by the
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‘It’s pretty bad’: Bank of England top official on the lack of female economics students
Deputy governor Clare Lombardelli calls for more women and people from poorer backgrounds to take key subject Economics has an image problem, says Clare Lombardelli, a deputy governor at the Bank of England. With few children from poorer backgrounds studying the subject and only a small proportion of
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Bank of England poised to cut rates as fears grow over impact of Trump tariffs
Markets suggest quarter-point reduction to 4.25% is almost certain but some economists say Bank must go further The Bank of England is poised to cut interest rates on Thursday amid growing concerns over the hit to UK jobs and growth from Donald Trump’s increasingly erratic global trade war.
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UK-EU Summit
This week, the Prime Minister will strike yet another deal that will deliver in the national interest of this country. It will be good for growth, good for jobs, good for bills, and good for our borders. HM GovernmentSource
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She’s The Right Woman: 8 Reasons You Should Marry Her Now!
Image Source: pexels.com Finding the person you want to spend your life with is one of the most important decisions you’ll ever make. If you’re lucky enough to have found someone who feels like your perfect match, you might wonder if now is the right time to take
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British vets could face price caps and ban on bonuses linked to pet treatments – business live
Live, rolling coverage of business, economics and financial markets as UK’s Competition and Markets Authority scrutinises veterinary industry and companies adjust to Trump tariffs Fhaheen Khan, senior economist at Make UK, a lobby group for British manufacturing, said: UK manufacturers are caught in the eye of a perfect
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