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Katten's Financial Markets and Funds Quick Take is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds.
On 24 October 2023, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) (together, the Regulators) published their joint policy statement (Policy...
Budget. the cut in the basic rate etc will be popular but removing the bankers bonus cap, the abolition of the top rate, that is incredibly unpopular, and none of these policies are going to be seen by the public to generate growth which is ultimately what liz truss and the chancellor want them to do, so when the markets reacted as they did and with all of the negative headlines it will naturally lead to conservative voters deserting them and this time going to the labour party. and this time going to the labour pa . ., ., ., _, . party. you are at the conference, what or how _ party. you are ...
Strong _ economy has always depended on a strong financial services sector. we need _ strong financial services sector. we need global banks to create jobs here, _ need global banks to create jobs here, invest here and pay taxes here in london~ _ here, invest here and pay taxes here in london~ in — here, invest here and pay taxes here in london. in london. not in paris, not in _ in london. in london. not in paris, not in frankfurt and not in new york _ not in frankfurt and not in new york all— not in frankfurt and not in new york. all the bonus cap did was to push up the — york. all the ...
And to go to work. without extra help targeted at the most vulnerable, it's feared millions more families won't be able to afford the bills as the price goes up and the temperature goes down. colletta smith, bbc news, in leeds. the treasury is considering removing a cap on bankers' bonuses as part of a post—brexit shake—up of city rules. the bbc has been told that no final decisions have been made, but that the chancellor, kwasi kwarteng, is considering it as a way of making london a more attractive place for global banks to do business. our business editor simonjack is here. it will be qu...