Chancellor vows to help restore stability to Ireland’s banking system as European finance ministers gather for crunch meeting – Ireland bailout live blog: follow the latest here George Osborne pledged that Britain would support Ireland’s attempts to stabilise its banking system today, as experts from the International Monetary Fund, European Central Bank and EU prepared [...]
Posts Tagged ‘system’
Bond market impact of Nigeria “bad bank” seen muted
November 15th, 2010
davidguide Plans by Nigeria’s “bad bank” to issue bonds in tranches to absorb bad loans from the banking system will help limit the impact on the fledgling debt market but yields and interest rates could still rise. View full post on All Stories
Britain Plans Ultra-Flexible Work System
November 15th, 2010
davidguide AHN News Staff London, England, United Kingdom (AHN) – The British coalition government is planning to change labor rules that would lead to an ultra-flexible work system in which Britons could work for as few as two hours a week. Welfare Ministers Lord Freud and Maria Miller said the changes are expected to benefit residents [...]
Report: Cost Of Britain’s Public Sector Pensions Up 32 Percent In 10 Years
October 8th, 2010
davidguide AHN News Staff Liverpool, England, United Kingdom (AHN) – An interim report released Thursday found out that the cost of public sector pensions in Britain went up by 32 percent over the past 10 years. As a result of the rise, total taxpayer liability of the system is now almost $1.5 trillion (1 trillion pounds). [...]

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