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UK Business Editor — CNBC

UK Business Editor

Hats off to our deficit-cutting bankers

cnbc.com — Peter Dazeley | Photographer's Choice | Getty Images Now, you may think that there's no better way to redistribute wealth than take it from crooked bankers. But it's actually a bit more complex than that. Traditionally, fines were kept by the U.K. regulators that levied them - like in most major financial markets around the world.

Bankers’ pay should be a blueprint for the rest of UK

cnbc.com — Dimitri Vervitsiotis | Photographer's Choice RF | Getty Images True, official statistics show that since the start of the banking crisis seven years ago, financial sector workers have enjoyed a 27 per cent wage increase, compared with 12 per cent for the whole country.

UK Chancellor's right-hand man eyes hedge fund move

cnbc.com — Matthew Lloyd | Bloomberg | Getty Images Until fairly recently, Harrison, 35, who has two young children, was expected to stand as a Tory candidate in next year's election. His predecessor, Matthew Hancock, was one of the 2010 intake and has risen up the ministerial ranks rapidly.

'Brexit' will benefit British business: UKIP

cnbc.com — British business will not be harmed by a U.K. exit from the European Union, the leader of Britain's eurosceptic U.K. Independence Party (UKIP) told CNBC -- despite the latest survey showing the vast majority of manufacturers in favor of remaining in Europe. "The fact is this country trades at a massive deficit with Europe.

Knife-edge Scottish vote cuts deep divide

cnbc.com — One of Scotland's most influential chief executives, Martin Gilbert, says the debate over Scottish independence has become so bitter that whatever the outcome, either Scotland or the United Kingdom will become deeply divided. In Edinburgh, most people we ask on the streets are in the "yes" camp as passions intensify ahead of Thursday's vote.

An A-Z of Scotland post-independence

cnbc.com — M - Ministy of Defence - Gone AWOL, like those Trident submarines, whose absence from the River Clyde removes Scotland from NATO. N - Nine point two (9.2 per cent), Scotland's share of UK GDP. At £145 billion, this puts its global economic influence on par with Pakistan and Qatar.

A clever move for London’s brewing heiress

cnbc.com — After all, why would Heineken - a listed Dutch company in the iron grip of a fourth generation family, play ball with U.K.-listed SABMiller? They certainly didn't hit it off the last time SAB and Heineken came to blows. Back then, it was over the auction to buy Bavaria.

Bank of England’s next task? Ice bucket challenge

cnbc.com — For weeks, celebrities have been embracing the charity ice bucket challenge - and now the stunt has arrived at the Bank of England (BoE). Former BoE Monetary Policy Committee (MPC) member Andrew Sentence told CNBC on Thursday that he had taken up the challenge himself, and nominated the entire rate-setting committee to do the same.

It's time for a woman to be a chairman of Barclays

cnbc.com — Chris Ratcliffe | Bloomberg | Getty Images Women especially have not had enough role models at the top of the industry - and the few that have been prominent (there is just one at the top table) have not been diverse enough.

Better a lucky central banker than a correct one?

cnbc.com — Peter Macdiarmid | Getty Images Certainly, even Carney can't pretend to have got it right in his forecasts about the pace of Britain's recovery. Until recently, the "guidance" seemed to be that Carney was in no big hurry to raise rates - believing the economy was still fragile.
More Articles →
Mar 26, 2015

RT @jamesrquinn: Who is Paxo's bloke on the tube? It's like Cameron's mythical '40 year old black man' from the 2010 debates #BattleForNumberTen

Mar 24, 2015

RT @AdamParsons1: Inflation goes to zip. Nada. It has ceased to be.

Mar 24, 2015

RT @dsmitheconomics: Zero inflation in February is lower than the markets expected and virtually guarantees a period of temporary deflation in coming months.

Mar 20, 2015

RT @MichaelLCrick: As Guardian appoints first woman editor in 194 years, many other jobs in public life still never held been by women blogs.channel4.com/michael-crick-…

Mar 20, 2015

FTSE100 reaches record highs -above the crucial 7,000 mark for 1st time in its 31-yr history: commodity stocks up, $down, Greece fears eased

Mar 20, 2015

Lloyds CEO Horta-Osorio says he's 'delighted' bank's agreed terms 2sell its 50% stake in TSB to Spanish lender Sabadell @340p/share

Mar 19, 2015

RT @truemagic68: NEXT DIRECTORY sales up 12%, RETAIL by 5% and Total Group sales by 7%. Definitely jostling with Primark as King of the High Street!

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