Swiss Banks Face ‘Risk of...

June 18, 2013

Switzerland’s parliament has blocked debate on a new piece of legislation that could compromise the country’s strict banking secrecy laws. The United States previously asked Switzerland to impleme...

BBC Three ‘The Call Centre...

June 18, 2013

Two companies owned by Nev Wilshire, a Welsh entrepreneur known for his BBC3 television show ‘The Call Centre’, are facing £225,000 fines for ‘nuisance’ marketing calls promoting PPI plans an...

Libor Scandal: Tom Hayes Cha...

June 18, 2013

33-year-old former UBS and Citigroup trader Tom Hayes has been charged with a variety of conspiracy offenses regarding his involvement in the Libor interest rate scandal. The derivatives trader has be...

Inflation Could Reach 3 Perc...

June 18, 2013

The CPI inflation rate rose to 2.7 percent in May after airfares and other transport costs increased substantially. New data from the Office of National Statistics shows that May’s rise in inflation...