In the Soviet era, children were recruited to inform on their parents. While we support HMRC in its reasonable efforts to manage the tax system, recruiting children in to a Stasi-style venture might, we suggest, be going a little too far.
Peter Sands, the chief executive of Standard Chartered and until last week the High Priest of banking virtue, must be wondering what he's done in a previous life to deserve the attentions of Benjamin Lawsky.
In this Perspective Ruth Lea, Economic Adviser to the Arbuthnot Banking Group, discusses, firstly, the Bank of England’s latest, gloomy, downgrades to their GDP forecasts and, secondly, trends in Britain’s trade figures.
With banks reeling from numerous scandals and the London financial district under intense pressure to reform itself, Mr Leeson said that unless punishments are increased traders will continue to run amok.
In his book The Origin of Species, Charles Darwin laid out his theory of evolution, in which he theorized that effective adaptation to their environments led certain organisms to survive and flourish, while those that did so less well fell by the wayside
The index is not perfect and the relationship does not hold in reality because of a number of factors, but it is useful in highlighting big anomalies. Thus on a light-hearted look, Big Macs are now cheapest in Hong Kong and cost less in London than Zurich
Klaus Bockstaller, Head of Global Emerging Markets at Pictet Asset Management, comments on the outlook for emerging markets and outlines Pictet’s asset allocation.