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News Archive - March 2009
by Josh Hall | 31 Mar 2009
In the last few minutes, Alastair Darling has announced that the proposed 5 per cent hike in business rates is to be staggered over the next two years.
Millions up for grabs as Google moves into venture capital
by Josh Hall | 31 Mar 2009
Google has begun its hunt for the world"s most exciting start-ups, as it plunges into the world of venture capitalism.
Deflation getting you down? The Bank aren't worried
by Josh Hall | 31 Mar 2009
The threat of deflation has been much touted in the press in recent weeks. Many commentators are concerned about the potential for a deflationary spiral leading to a period of depression, as consumers put off purchases in the hope that prices will fall further.
Barclays may not need asset protection
by Josh Hall | 30 Mar 2009
Barclays completed a series of stress tests this weekend, designed to investigate whether or not the bank needs to sign up to the government"s controversial Asset Protection scheme - and they seem to have passed.
Mandelson calls time on 'bank bashing'
by Josh Hall | 30 Mar 2009
Business Secretary Peter Mandelson yesterday suggested that the time has come to stop "bashing" the banks, and that the government should now give the financial sector time to recover.
Jump in mortgage approvals, agreed sales
by Josh Hall | 30 Mar 2009
The number of homebuyers rose significantly last month, according to new figures released today.
Barclays rejects Asset Protection funds
by Josh Hall | 30 Mar 2009
Barclays has this evening rejected an offer to participate in the government"s Asset Protection scheme.
by Josh Hall | 27 Mar 2009
The drop in house prices is accelerating, according to new figures released today.
Economy shrank faster than expected in 2008
by Josh Hall | 27 Mar 2009
The Office for National Statistics (ONS) has revised down its growth figures for the UK economy.
City gearing up for 'G20 Meltdown'
by Josh Hall | 27 Mar 2009
The Square Mile is bracing itself for a week of disruption, as protesters prepare to shut down the city.
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