Group Finance News ArticlesStarted by JoelDalais on 21/12/2015 Motto: Banking or related news articles
Crisis talks are being held next week but if the dispute is not resolved, Brits could be hammered by a £2.50 charge each time they head for a rival bank’s cash machine to take their own money out.
Link said it was “working hard” to sort out the issue but it would take months not days to thrash out an agreement.
MIROW on 20.01.2017 at 10:10
The European Central Bank (ECB) has kept its main interest rate unchanged for another month.
MIROW on 20.01.2017 at 10:09
Rising air fares and food prices helped to push up UK inflation to its highest rate since July 2014 in December.
The fall in the pound since the Brexit vote was starting to feed into the economy, said the BBC's economics editor, Kamal Ahmed, as higher costs for imported materials and fuels pushed up producer prices.
MIROW on 20.01.2017 at 10:02
The chancellor is likely to find it impossible to balance the books in the years ahead without increasing taxes or cutting spending, the Office for Budget Responsibility (OBR) has warned.
MIROW on 20.01.2017 at 09:55
JP Morgan Chief executive Jamie Dimon told Bloomberg that it looked like there would be more job movement [out of the UK] than the US bank had "hoped for".
MIROW on 20.01.2017 at 09:53
Reuters announce that the Lloyds Banking Group was considering setting up a subsidiary in Frankfurt Germany
MIROW on 20.01.2017 at 09:52
Barclays Chief executive Jes Staley told the BBC that the bank may have to move some activities to Dublin or Germany
MIROW on 19.01.2017 at 21:27
MIROW on 19.01.2017 at 00:08
The Irish Central Bank has received a number of inquiries from leading UK-based insurance companies following the Brexit vote, raising the prospect that more jobs could shift to Ireland.
It is believed that a number of Lloyd's syndicates - units that price and write insurance - are among the heavyweights seeking details of the regulatory impact of Brexit on their current operations and requirements, which may need to be met in the event of any relocation here.
MIROW on 19.01.2017 at 00:02
Dozens of UK firms are considering the relocation of their operations to Ireland as Britain prepares to leave the European Union, according to one major insurer.
The investment management arm of Irish Life has received more than 50 inquiries from companies mulling the move to Ireland following the Brexit vote last year, the Irish Times reported.
Patrick Burke, managing director at Irish Life Investment Managers, said the companies are mostly from the financial services sector.
The Central Bank of Ireland revealed that it was already in talks with insurance companies that were looking to move from the UK.