Yet another bank is at the centre of controversy as it announces 3,167 employees are to be cut from the workforce. HSBC is on the receiving end of the wrath of Unite and other unions throughout the UK...
Just one day before their annual meeting with shareholders, it has been projected that one-fourth of the Barclay’s shareholders will protest current pay policies. As well, the bank will need an esti...
In recent weeks economists had been predicting that the economy would just slightly miss a double-dip recession by a very small growth of 0.1%. Unfortunately, even City economists missed the mark as t...
As recently as two days ago, the BoE was predicting a 0.1% growth in the GDP. However, today a policymaker for the Bank of England is now saying figures ‘could’ show a slight decline in growth. Th...