Cyprus: Leaving Larnaca searching for Eurozone’s FDR
The economic crisis in Cyprus is leading to a number of flights. Economics Editor Faisal Islam sees a parallel with the economic landscape of America in the 1930s.
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Thousands of schoolchildren take to the streets of Nicosia to demonstrate against the terms of an international bailout for Cyprus. Faisal Islam reports from Cyprus.
The economic crisis in Cyprus is leading to a number of flights. Economics Editor Faisal Islam sees a parallel with the economic landscape of America in the 1930s.
Live updates on budget 2013 – with analysis from Economics Editor Faisal Islam and Simon Wagman from Blick Rothenberg, accounting and tax specialists.
When George Osborne delivers his budget on Wednesday, the numbers will continue to be drenched in red, writes Faisal Islam, with “zombie economics” holding back lending, spending, and investment.
As Cyprus prises itself from the jaws of bankruptcy, the island’s savers face a big bill to dig the island out of its financial mess, reports Faisal Islam.
The EU has proposed a cap on bankers’ bonuses. But there have been warnings that it will drive bankers away from the EU – and push up fixed salaries, as Economic Editor Faisal Islam reports.
Does losing our AAA credit rating really matter? Faisal Islam argues that the UK is in a different position to the US and France which have already suffered the same fate.
“the outcome from the referendum decision and the speech this morning cannot in my view be positive for investment” top businessman Martin Sorrell tells Economics Editor Faisal Islam.
Mervyn King, the governor of the Bank of England, says it is time to review inflation targeting and describes the UK economy as a patient that needs reviving. Faisal Islam reports from Davos.
As politicians point the finger at spiralling numbers of dole “scroungers”, Economics Editor Faisal Islam reveals pension payments are behind the big rises.
As Mark Carney takes the reins at the Bank of England, Economics Editor Faisal Islam looks at the politics behind his surprise appointment.
Sir Mervyn King’s latest inflation report yields a crop of golden quotes about the state of the UK’s economy, according to Economics Editor Faisal Islam.
On the face of it the recession is not just over, the economy has returned to boom time numbers but – as Faisal Islam warns – we should not delude ourselves.
As official figures show that the British economy grew by 1 per cent in the three months to September, George Osborne tells Faisal Islam it is good news but there is a long way to go.
Economics Editor Faisal Islam reflects on a low-key Conservative conference speech from George Osborne – one which nonetheless contained a few nuggets of new government policy.