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Archive for June, 2009

Gordon Brown Doesn't Inspire Much Hope For Digital Britain Paper

Gordon Brown Doesn’t Inspire Much Hope For Digital Britain Paper

Lord Carter’s Digital Britain paper is getting slagged off even before it’s been published – the Times attacks both the paper and Gordon

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Posted by Ben Beaumont-Thomas in Sci-tech | June 16, 2009 11:03AM | No Comments »


BBC To Have Licence Fee Top-Sliced

BBC To Have Licence Fee Top-Sliced

There’s been a long line of people warning against it, including Greg Dyke and Michael Lyons, but the BBC is going to have

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Posted by Ben Beaumont-Thomas in Creative Economy | June 15, 2009 12:57PM | 1 Comment »


CBI Bums Everyone Out By Saying Recession Won't End Til 2010

CBI Bums Everyone Out By Saying Recession Won’t End Til 2010

The constant upswing in the banking sector means everyone’s paying back their government money at such a rate that it’s starting to make last autumn…

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Posted by Becky North in Hot Money | June 15, 2009 11:13AM | No Comments »


"Merrill Is Really Scary And Ugly", According To Vice President Of Federal Reserve

“Merrill Is Really Scary And Ugly”, According To Vice President Of Federal Reserve

More light has been shed on that whole sorry Merrill-Bank of America saga, where the US Treasury forced BoA to take over the…

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Posted by Ben Beaumont-Thomas in Hot Money | June 11, 2009 1:00PM | No Comments »


Derivatives Market Going To Get Regulated, Though To What Extent Is Unclear

Derivatives Market Going To Get Regulated, Though To What Extent Is Unclear

While regulation in the banking sector has been big news this week, the other area that’s going to have its fun cut back…

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Posted by Ben Beaumont-Thomas in Hot Money | June 11, 2009 11:55AM | No Comments »


What A Crap Week For Credit Suisse

What A Crap Week For Credit Suisse

Credit Suisse, those Swiss finance guys who do just about everything finance-y, have had a ton of bad form this week – one of their…

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Posted by Ben Beaumont-Thomas in Hot Money | June 10, 2009 1:23PM | No Comments »


ABI Conference: Turner Cracks Down, Osborne Milks Votes, Pay Consultants Take A Beating

ABI Conference: Turner Cracks Down, Osborne Milks Votes, Pay Consultants Take A Beating

Just yesterday we were fretting about the pace of payback to the Treasury allowing the banks to run ahead of planned regulatory reform, and as…

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Posted by Ben Beaumont-Thomas in Hot Money | June 10, 2009 11:06AM | No Comments »


It's Payback Time For Bailed Out Banks

It’s Payback Time For Bailed Out Banks

For about a week last autumn, when the banks started getting bailed out, it looked like full-on nationalisation might actually happen. In the U.S., you…

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Posted by Ben Beaumont-Thomas in Hot Money | June 9, 2009 12:42PM | 3 Comments »


Executive Compensation Scrutinised By Treasury, Hypocritically Criticised By Shell CEO

Executive Compensation Scrutinised By Treasury, Hypocritically Criticised By Shell CEO

Executive compensation is one of the hottest topics post-crisis, because not only does it have the power to incentivise executives to actually keep their company…

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Posted by Ben Beaumont-Thomas in Hot Money | June 9, 2009 11:26AM | 1 Comment »


Barclays In Talks With BlackRock To Sell Off Barclays Global Investors

Barclays In Talks With BlackRock To Sell Off Barclays Global Investors

Barclays are continuing their run of asset-shedding, with the confirmation this morning that they’re in advanced talks with BlackRock to sell their asset-management…

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Posted by Ben Beaumont-Thomas in Hot Money | June 8, 2009 12:32PM | No Comments »


Andy Hornby Heads Back To Retail With Boots Chief Exec Job

Andy Hornby Heads Back To Retail With Boots Chief Exec Job

Andy Hornby, the boyish ex-chief exec of HBOS who has the air of a man who never quite got over a toilet-based bullying incident in…

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Posted by Ben Beaumont-Thomas in Hot Money | June 8, 2009 10:41AM | 1 Comment »


EU-Wide Regulation Plan Gathers Pace

EU-Wide Regulation Plan Gathers Pace

We’ve seen recently how regulation, the thoroughly unsexy schoolmarm rapping the knuckles of city boys for their transgressions, has come back with a vengeance after…

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Posted by Ben Beaumont-Thomas in Hot Money | June 4, 2009 11:39AM | No Comments »