Former Leader of the House of Commons William Hague predicts that the Greek debacle is only the start of a fiscal catastrophe across the Eurozone, and that Spain and Italy are next as Britain's economy flourishes. He likens Greece to a burnt out room in a burning buildingRead more
LeapRate TV interview: A close call for the world's largest financial center - "London's FX industry here to stay!"
A very close run between the Conservative and Labour parties made many large interdealer brokers and banks in London consider leaving the UK. Andrew Saks-McLeod takes the gloves off and explains very openly what lies ahead, and why the Conservative victory is a great relief for London's FX industryRead more
Asset management giant Schroders PLC has made a slight reduction in its shareholding of ICAP, whilst shares in the British interdealer broker increased by 2.74% on Friday after a Conservative win in the General Election quells the notion that the firm would relocate if the result had swung toward LabourRead more
British Chancellor of the Exchequer George Osborne will no longer allow banks to write the cost of penalties for market abuse or mis-selling down against tax, a move which will raise over £5 billion in tax revenue by 2020Read more
Britain's Chancellor of the Exchequer prepares to announce stringent plans to criminalize foul play in the UK FX market, which will be announced this evening at the Mansion House.Read more
Conservative and secure Canadian banking sector given time-limited leeway on risk reporting.Read more