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The guards rise again: the force still shaping Iran
Posted onTo read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog
Car finance payouts limited, but lenders aren’t off the hook
Posted onThere may well be a few sighs of relief from senior finance company and banking executives following the Supreme Court’s ruling, but it is unlikely you will hear the champagne corks popping. The verdict does almost certainly reduce the potential compensation bill significantly. Lenders no longer face the prospect of having to pay £30bn to…
The shadowy world of abandoned oil tankers
Posted onThese ships, typically oil tankers such as the one Ivan is stuck on, are more often ageing vessels of obscure ownership, unseaworthy, likely uninsured, and operationally hazardous. And they typically sail under flags of convenience or FOCs – the ships are registered in countries with very limited regulatory oversight.
Why has the Bank of England cut interest rates?
Posted onSo why has the Bank of England cut rates when inflation is well above its target of 2% and seems set to remain there? This vexed question is why the proceedings of the Bank’s nine member Monetary Policy Committee were so close and even involved an unprecedented second vote. The bottom line is that in…
