Clydesdale Bank to be split from Australian parent company
The Australian parent of Clydesdale bank has confirmed plans to float the high street lender on the London Stock Exchange before the end of the year as it quits the UK market.
The Australian parent of Clydesdale bank has confirmed plans to float the high street lender on the London Stock Exchange before the end of the year as it quits the UK market.
Economists are warning that a weak government could slow the recovery and drive up government borrowing costs as financial markets add a premium for political risk.
The latest figures for Britain’s economy have revealed that the recovery rate slowed to 0.3 per cent during the first quarter of 2015, despite experts’ earlier predictions that growth would be 0.5 per cent.
According to Bertelsmann Stiftung, a German think tank, an exit from the EU would have a worse impact on Britain than any other EU nation.
Germany’s Deutsche Bank has been fined a record $2.5bn (£1.7bn) by UK and US regulators for rigging Libor and Euribor, ordered to fire seven employees and accused of being obstructive towards regulators in their investigations.
According to a recent report published by Capita, dividend pay-outs from companies listed in the UK grew at the beginning of 2015, up in the first quarter of the year when compared to results from 12 months ago.
According to EY’s ITEM Club – the only non-governmental forecasting group that uses HM Treasury’s model of the UK economy – political unrest surrounding the upcoming general election will have no impact on Britain’s economic growth.
The head of the International Monetary Fund, Christine Lagarde, has endorsed the UK government’s economic strategy.
Nicola Sturgeon, leader of the Scottish National Party (SNP), has received a negative response after failing to rule out another independence vote taking place in Scotland.
Ed Miliband has announced that the non-domicile tax rule, which was first introduced by William Pitt the Younger in the late 18th century, would be abolished under a Labour Government.
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