ECB lends another half-trillion euros
1 March 2012
There has been only mild surprise at the National Audit Office's revelation that £98 million spent on two new IT applications by HM Revenue & Customs was wasted.
Mark Deans, Moneycorp
Daily brief: Moneycorp
Mark Deans, Dealing Manager at Moneycorp
Second ECB LTRO today
29 February 2012
Astronomers have discovered an asteroid, labelled 2011 AG5, on a potential collision course with the Earth. The impact, if it happens, will come on 5 February 2040.
Interest groups shower the Chancellor with ideas
28 February 2012
When the chancellor said at the weekend that "Britain has run out of money" he was paving the way for a Budget next month that is more likely to lean towards narrowing the spending gap than tax giveaways.
G20 tells Brussels “You first”
27 February 2012
It cannot be far down the line that German taxpayers will be faced with an odious pair of alternatives: "Would you prefer a) to finance a third bailout for Greece or b) to admit that the first two were a mistake and should be written off?"
Sterling lower on most fronts
24 February 2012
Those who fear Britain will lose her AAA credit rating tend to overestimate the scale of UK public sector borrowing.
Dovish MPC minutes send pound lower
23 February 2012
The town council in Burnley, Lancashire, is taking steps to curtail the activities of high street charity collectors who badger shoppers with demands for money.
No breakthrough for the euro
22 February 2012
The terms of the bailout deal announced yesterday, which involve a permanent team of inspectors in Athens and external control of the country's cash, make Greece a wholly-owned subsidiary of Germany in all but name.
A bad day for fatted calves
21 February 2012
Perhaps Greece can learn from the experience of over-achieving American toddlers. Its EU partners have locked the country in a secure nursery with armed guards, €130bn and a list of 25 words that it must master in order to reach its economic potential.
Could Greece get its money today?
20 February 2012
The Sunday Times reports on an innovative money-generation scheme that is becoming increasingly popular with local authorities keen to separate ratepayers from their cash.
EU close to a deal with Athens
17 February 2012
Supermarket chain Tesco is bucking the economic trend by hiring night-shift staff in East Anglia. Well, it isn't exactly hiring them, it is looking for volunteers to work for "JSA + expenses".
Bank governor dashes pessimists’ hopes
16 February 2012
It's funny how, since Moody's started to swing its downgrade machine gun across Britain's credit rating, a triple-A is no longer so overwhelmingly crucial to the country's financial well-being.
Another Greek deadline passes
15 February 2012
Austerity, as often discussed, means different things to different people. For Britain's parliament it means economising on the decoration of Westminster's interiors.
Downgrades all round for Europe
14 February 2012
Coming out at the same time as Rightmove's Happy At Home index was an announcement from Moody's which spread a different sort of misery.
Greek parliament approves Austerity 2.0
13 February 2012
Prime Minister Lukas Papademos and his finance minister Evangelos Venizelos had given their all to persuade Greek MPs to support the latest round of austerity measures.
Greece delivers austerity plan
10 February 2012
Move into a smaller house and work beyond retirement age. It might sound like part of the latest Greek austerity package but in fact is the advice of the British prime minister's Behavioural Insight Team.
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