Tardy policy response to the growing crisis contributed to global recession. Now, with the UK lagging behind in recovery the pressure is on to turn cash injections into growth support
News, Accountancy Age awards shortlist, Technical Update, and more...
Efforts to stabilise the economy are taking root. But those rushing recovery risk trampling it.
Banks need tougher stress tests and more openness to earn a clean bill of health.
Financial markets indicate the worst may be over, but optimism isn’t justified yet. Renewed disappointment remains a real possibility with Britain and Europe looking less committed to quantitative easing than the US Download the full pdf of Financial Director’s market charts
The carry trade is back in vogue, promising huge prizes and virtually no risk. Unfortunately, only the banks can play
Poor reception to President Obama’s fiscal package and steps to revive the banking system will heighten global risks, while embarrassing withdrawals of senior appointments raise questions over his judgement.
Financial institutions will come under greater scrutiny as the Obama administration looks to kickstart the US economy.
The Bank of England is considering the previously unthinkable: a zero interest rate policy. But there are still plenty of options available to the MPC to try and kickstart lending.
Sterling suffers worse decline in 16 years, French finance minister orders audit of all French banks and, as suspected, banks are to blame for the global economic crisis, plus Financial Director's Technical Update
Federal reserve chairman comes to the defence of controversial accounting method
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