Scotch whisky is Scotland’s second biggest export, bringing in almost 7 billion US dollars a year. Over 40 bottles per second are shipped from the country each day.
There are two articles in the bank of England’s Quarterly Bulletin 2014 Q£ that look at Bitcoin and the potential of digital currencies in the UK economy.
An increasing number of investors are reducing their holdings of sterling as Scotland prepares for the independence vote next Thursday, according to one of the world’s largest independent financial advisory organisations.
In remarks to the BBA on 10 September, published on Thursday, Don Kohn, external member of the Bank of England’s Financial Policy Committee, explains the role of the FPC and its approach to building resilience in the financial system and enhancing transparency in banking.
Campaigners urge British government to amend ‘secret agreement’ that would allow Canadian companies new powers over government decisions
Over £7 billion of planned construction works could be in jeopardy if Scotland votes to leave the United Kingdom next Thursday.
Annuity prices start to decline for smaller DC pension pots
On average UK businesses are predicting that just two-in-five (40%) employees will buy an annuity at retirement, once the Government’s new Defined Contribution (DC) pension changes come into effect.
For the terrorist group known as the Islamic State, Syria and Iraq were a good place to start their campaign, but in order to survive and prosper it knew from the outset that it had no choice but to set its sights on the ultimate prize: the oil fields of Saudi Arabia.
The Scottish Referendum could cost David Cameron his job as Tory leader, and also delay the General Election, believe bookmakers William Hill, who are now offering odds of 6/1 that Cameron will no longer be Tory leader when the Election takes place – and 6/1 that it will not take place at all until at least 2016.
• Increasing energy and food prices hit struggling restaurants
• Flat lining consumer spending limits restaurants’ profitability
The number of restaurant insolvencies has jumped by 15% over the past 12 months to 747
TheCityUK has welcomed Lord Hill’s appointment as Commissioner for Financial Stability, Financial Services and Capital Markets Union in President-Elect Juncker’s new EU Commission.
With the Scottish independence referendum due to take place next week, a poll released a few days ago suggesting that the “Yes” vote might actually win sparked panic, causing a fall in the value of the pound.