Archives
European Banks May Need to C...
After a recent proposal made by Europe’s banking industry regulator, the European Banking Authority (EBA), banks may need to raise an accumulative €200 billion to boost capital reserves in o...
UK Trade Deficit Shrinks As...
According to recent reports, the UK trade deficit shrank down to 7.8 billion pounds, 0.4 billion less than the 8.2 billion deficit recorded in July, and 10 billion less than the forecasted trade defic...
Advisers Say UK Pension Fund...
According to advisers, British pension funds need to reconsider their negative historic opinion of derivatives, which could provide protection for portfolios in the event of sudden market shifts or ch...
Britain Faces 33% Chance of...
According to a recent Reuters poll, Britain currently faces a 33% chance of recession during the next year. Even if the country does not enter a recession, a best case scenario would still have Britai...