Finance & Economics

ESMA Defines Disclousure Standards Under Securitisation Regulation

The European Securities and Markets Authority (ESMA) has issued a set of draft regulatory and implementing standards (RTS/ITS) under the Securitisation Regulation, which concern the details of a securitisation to be made available by the originator,...

Councils spent £4.5 million on cars for mayors

The results of a Freedom of Information request by the TaxPayers’ Alliance has revealed big spending on luxury vehicles for mayors and council chairmen.

OECD household income up 0.7% in first quarter of 2018, outpacing GDP growth

Real household income and GDP per capita
HDI-500-08-2018_0_0.png
Percentage change on the previous quarter, seasonally adjusted...

Minister of State for Asia and the Pacific highlights UK-Brunei relationship, EU exit and the UK's future relationship with ASEAN

The British Minister of State for Asia and the Pacific, Mark Field MP, delivered a powerful speech at the Ministry of Foreign Affairs and Trade on his second day in Brunei. The Minister highlighted the depth of the UK and Brunei’s longstanding and...

Fox launches ambitious new Export Strategy to boost British businesses

International Trade Secretary Dr Liam Fox MP, will today (Tuesday 21 August) set out how the government will make Britain a 21st century exporting superpower through better use of our overseas network, new online tools and building an extensive...

Commission clears merger between Praxair and Linde, subject to conditions

Commissioner Margrethe Vestager, in charge of competition policy, said: "Gases – like oxygen and helium – are crucial inputs for a large variety of products we need and use in our everyday life.

Moving claimants to Universal Credit from other working age benefits

While the LITRG welcomes the opportunity to respond to this consultation, we are disappointed that the DWP has not considered the different options available to move legacy benefit claimants to universal credit (UC), considering the importance and...

State aid: Commission approves three support measures for renewable energy in Denmark

Denmark has a goal of supplying 50% of its energy consumption from renewable energy sources by 2030 and to become independent from fossil fuels by 2050. In line with this goal, the Danish authorities will implement three measures supporting renewable...

Positive response from EU needed to secure our continent's shared prosperity

The EU Commission must respond positively to the Chequers white paper to ensure our continued strong economic ties and avoid sustained economic damage.

US Treasury Secretary Hints at More Sanctions for Turkey

U.S. Treasury Secretary Steven Mnuchin says the United States is ready to impose more sanctions on Turkey if detained American pastor Andrew Brunson is not released from house arrest.