Tag: Jeremy Hunt
Pension funds in Great Britain are to invest more in start-ups
financial district in London Financial technology, life sciences, biotechnology and green technology companies are to receive more money. (Photo: REUTERS) London It sounds almost too good to be true: British…
UK savers to get higher interest rates
London Britain’s top bankers are getting a lot to hear these days. Just two weeks ago, Treasury Secretary Jeremy Hunt summoned the chief executives of the UK’s leading banks. On…
UK savers to get higher interest rates
London Britain’s top bankers are getting a lot to hear these days. Just two weeks ago, Treasury Secretary Jeremy Hunt summoned the chief executives of the UK’s leading banks. On…
Banks give emergency aid to UK mortgage borrowers
Banker to the UK Treasury Secretary Alison Rose, CEO of the Natwest Group (right) and her communications chief Alex Dawtrey leave 11 Downing Street after meeting Treasury Secretary Jeremy Hunt.…
8.7 percent: British inflation rate remains high
Core inflation, which excludes strongly fluctuating energy and food prices, even rose from 6.8 to 7.1 percent, reaching its highest level in 31 years. Great Britain is thus losing touch…
Why the banking crises don’t end
The banking system in free fall Regulators and politicians around the world are trying to allay fears of a new banking crisis. But the bankruptcy of Silicon Valley Bank and…
Why the financial system is so endangered – and why reforms keep failing
The banking system in free fall Regulators and politicians around the world are trying to allay fears of a new banking crisis. But the bankruptcy of Silicon Valley Bank and…
Why the financial system is so endangered – and why reforms keep failing
The banking system in free fall Regulators and politicians around the world are trying to allay fears of a new banking crisis. But the bankruptcy of Silicon Valley Bank and…
Why the financial system is so endangered – and why reforms keep failing
The banking system in free fall Regulators and politicians around the world are trying to allay fears of a new banking crisis. But the bankruptcy of Silicon Valley Bank and…
See nothing, hear nothing, say nothing
Jeremy Hunt with the famous “Budget” suitcase The British finance minister has presented a growth plan. However, he does not want to talk about the negative consequences of Brexit. (Photo:…
British Finance Minister Hunt wants to create growth – and denies Brexit consequences
London Budget Day is a major political event in Great Britain. The House of Commons is so packed that many MPs have to stand to hear Treasury Secretary Jeremy Hunt’s…
London wants to combat the chronic weakness in growth with tax incentives
London The British government wants to overcome Britain’s chronic weakness in growth with higher state subsidies for childcare, tax incentives for older workers and investment aid for companies. “Over the…
HSBC takes over SVB UK for a pound – tech firms relieved
SVB UK headquarters in Finsbury Square, London HSBC takes over the British arm of Silicon Valley Bank. (Photo: Reuters) London British tech companies have reacted with relief to the rescue…
What is now threatening the financial world
Silicon Valley Bank The prospects remain unclear. (Photo: IMAGO/Zoonar) new York The bankruptcy of the Silicon Valley Bank (SVB) fueled fears of a risk of contagion on the financial markets.…
What is now threatening the financial world
Silicon Valley Bank The prospects remain unclear. (Photo: IMAGO/Zoonar) new York The failure of the Silicon Valley Bank (SVB) – the first since the outbreak of the great financial crisis…
Liz Truss and Boris Johnson attack Rishi Sunak
London In the UK, former Prime Ministers usually end up in the back benches of the House of Commons in Westminster after their resignation. There they are then eyed suspiciously…
Jeremy Hunt wants to use Brexit freedoms
Jeremy Hunt If the British Chancellor of the Exchequer has his way, Brexit should do the trick. (Photo: Bloomberg) London If a British government no longer knows how to overcome…
London plans “liberation strike” from old EU rules
The British Treasury Secretary in front of his Downing Street office. According to Jeremy Hunt, he wants to free banks and insurance companies from their EU shackles. (Photo: AP) London…
Kingdom without a compass: Great Britain is lost
British government is on an austerity course Rishi Sunak (l), Prime Minister of Great Britain, and Jeremy Hunt, Treasury Secretary of Great Britain, in the British House of Commons. (archive…
British government wants to save itself from the crisis
“We’re braving the storm and making tough decisions,” said the Conservative finance minister as he announced a £55 billion mix of tax hikes and spending cuts. This corresponds to a…