Posts Tagged ‘gordon brown’

Bankers shudder at Goldman Sachs’ fraud charge

The financial world was in shock over the weekend following the decision of the US Securities and Exchange Commission (SEC) to charge Goldman Sachs and one of its vice presidents with fraud.
The Wall Street bank allegedly sold investors down the river by “misstating and omitting key facts” about a financial product tied to US sub-prime [...]

VAT could rise to 20%

The Labour Government is not ruling out a VAT rise but is set to pledge not to raise income tax rates for the lifetime of the next Parliament.
These are two items set to be on Prime Minister Gordon Brown’s election manifesto today in Birmingham.
However, while the PM is leaving open the possibility of VAT [...]

PM calls general election for 6 May

Prime Minister Gordon Brown has today confirmed the general election will take place in exactly one month’s time – on 6 May.
The move was widely expected and the PM made the announcement outside Downing Street, following a 20-minute meeting with the Queen at Buckingham Palace to seek the dissolution of Parliament.
Mr Brown will now face [...]

Consumers to save millions under new credit card protection

The Government-led crackdown on credit card companies is expected to save consumers around £300 million a year.
The crackdown comes after the Government warned credit and store card firms to “clean up their act” after it launched a review of the industry in a consumer White Paper in July 2009.
According to Prime Minister, Gordon Brown, the [...]

Budget to be held on March 24

Prime Minister Gordon Brown has confirmed the date of the Budget as March 24 with speculation mounting that the general election will be 6 weeks after – on May 6.
The Treasury is set to confirm the Budget date later in a written statement to MPs.
Meanwhile, in the build-up to the budget, Chancellor Alistair Darling [...]