Labour, SNP, Greens: could they do business together?
While Labour is tight lipped and ultra-orthodox at present, it is entirely possible to imagine the common ground of a Labour-SNP-Green coalition, or a “supply and confidence” type arrangement.
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Royal Bank of Scotland reports a £3.5bn loss for 2014 – down from £9bn a year earlier – and announces the appointment of Sir Howard Davies as its new chairman.
In the wake of revelations of tax evasion at the bank’s Swiss branch, HSBC Chief Executive Stuart Gulliver tells MPs his complex pay arrangements “had no tax purpose”.
HSBC “disappointed” last year, its chief executive admits, as the bank reports a 17 per cent drop in profits following the recent tax avoidance scandal.
The Swiss financial authorities have revealed that the banking giant HSBC has been reprimanded twice in recent years under anti-money laundering legislation.
While Labour is tight lipped and ultra-orthodox at present, it is entirely possible to imagine the common ground of a Labour-SNP-Green coalition, or a “supply and confidence” type arrangement.
The mood in Greece, where massive demos took place, in support of the government, is best summed up by the placard held by one old man: “We survived ’41, we can survive this.”
The boss of HMRC Lin Homer faces a grilling in front of the Public Accounts Committee later today. If Channel 4 News had a seat at the table here’s 10 things we’d love to ask her.
Revelations of apparent wrongdoing at a branch of the HSBC bank in Geneva have put the bank, and its former chairman Lord Green, in the spotlight. This is how the story unfolded.
The theft of thousands of HSBC clients’ financial details led to a major probe into tax evasion and money laundering. In 2013, the whistleblower who took the data talked to Channel 4 News.
Though the Greek PM is still talking tough, a Greek exit from the Eurozone is looking ever more possible. But a planned demonstration of public emotion could yet have the most impact of all.
Britain’s biggest bank HSBC is accused of helping clients evade taxes after a massive cache of leaked files about secret Swiss bank accounts is published.
Now the euphoria in Greece has subsided, it is being matched by astonishment in Berlin and the European Union institutions.
The ballot stations are still brisk at lunchtime, but a lot of people have already voted. This is a working class community – and on a Sunday the over-70s, who make up 22 per cent of Greek voters, are out in force.
The European Central Bank enters the last chance saloon as it prepares to pump over one trillion euros into the Eurozone’s fragile economy – can it possibly work?
They spend their lives dealing, trading, monitoring and watching. Yet last week, when the Swiss Central Bank detached the Swissie from tracking the Euro, it turns out they knew nothing.