By Hugo Duncan PUBLISHED: 15:50 EST, 10 May 2012 | UPDATED: 16:17 EST, 10 May 2012 Enlarge The Bank of England yesterday called time on a money-printing programme as worries over high acceleration trumped concerns about a double-dip recession. The financial process cabinet voted opposite some-more quantitative easing, carrying already pumped £325bn of puncture [...]
New clampdown on whiplash claims could cut cost of motor cover but raises ‘Big Brother’ fears
New proposals from the Transport Select Committee to deter fraudulent compensation claims – mostly for ‘whiplash injuries’ – could cut the cost of motor insurance but raise fears of a ‘Big Brother’ erosion of drivers’ personal privacy. Ambulance-chasing lawyers and false personal injury claims add about £40 a year to the cost of every driver’s [...]
Traders eye central banks as growth fears rule
The Japanese currency has fallen after the latest move by a central bank to combat the impact of recent market turmoil View full post on Financial Times – UK Homepage
Global growth fears back in focus
Exporters and resources pace a fall in Asian shares as a surprise drop in US consumer spending fuels concerns about slowing economic growth View full post on Financial Times – UK Homepage
Global growth fears push gold to record
Cautious mood leads ‘core’ sovereign bond yields lower, while commodities are softer on demand concerns and haven currencies are stronger View full post on Financial Times – UK Homepage
Killings stir fears of extreme right
Police say internet posts apparently made by Anders Behring Breivik suggest ‘some political traits directed toward the right, and anti-Muslim views’ View full post on Financial Times – UK Homepage
Euro rescue deal fails to dispel fears
Debt market rallies peter out as officials struggled to explain the numbers behind the €109bn second rescue plan for Greece View full post on Financial Times – UK Homepage
Fears over Italy ramp up crisis in currency club
Italian bond yields, which have an inverse relationship with prices, rose to nine-year highs and the stock market and bank shares tumbled View full post on Financial Times – UK Homepage
Brazil fears economic fallout as real soars
Currency reaches 12-year high against US dollar as high interest rates draw foreign investors starved of opportunities in developed markets View full post on Financial Times – UK Homepage
Greek deal fails to ease contagion fears
Fears of contagion from political and market turmoil in Greece sent Spanish borrowing costs to 11-year highs, in spite of a deal between the EU and the IMF View full post on Financial Times – UK Homepage