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United Kingdom

Sanctions threat to 'opaque' tax haven

UK - The government is considering imposing sanctions on Jersey, one of the Channel Islands, if it fails to comply with international action to force tax havens to improve financial transparency.

FSA steps up split caps probe

UK - The city watchdog has stepped up its investigation into split caps, with the announcement that it has started swooping on investment firms involved in the controversial trusts.

Speech by Eddie George, Bank of England Governor

SPEECH - In the speech George said "With inflationary pressures subdued, monetary policy generally can, for the time being at least, afford to remain reasonably supportive" - although he added that he made "no predictions as to what that may mean for…

Goodhart talks on central bank independence

UK - Professor Charles Goodhart a former member of the Bank of England's Monetary Policy Committee made a powerful argument for central bankindependence in a talk at the London School of Economics yesterday, Thursday. A CentralBankNet correspondent was…

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