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Treasury minister Lord O'Neill quits government   US Treasury Secretary unhappy with EU’s Apple tax order   Scottish Government calls on Treasury to boost spending  
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Philip Hammond unveils rules in attempt to end public sector exit payments  

philip hammond unveils rules in attempt to end public sector exit payments  
Chancellor Philip Hammond will unveil rules to ensure that public sector staff cannot walk away with more than £95,000. Treasury insiders said the reforms could save up to £250million a year.

Taxman increases number of raids on premises by over a quarter

More and more businesses could be expecting a rather abrupt visit from the taxman, as figures out today has found the number of raids carried out by HM Revenue & Customs (HMRC) has shot up over the..
City A.M.

Videos for treasury

News video: New Book By Michael Krasny Celebrates Jewish Humor

New Book By Michael Krasny Celebrates Jewish Humor 02:59

Bay Area radio personality and educator Michael Krasny talks with Maria Medina about his new book "Let There Be Laughter," a treasury of Jewish humor, and what the jokes say about culture, assimilation..
Source: CBS 5 SF KPIX -

News video: Nigeria looks for millions of tax scofflaws to make up for slumping oil revenue

Nigeria looks for millions of tax scofflaws to make up for slumping oil revenue 01:13

Nigeria says it has found 700,000 companies in the country that have never paid tax as it tracks down non-payers to top up its treasury. Africa’s biggest economy is suffering a revenue shortfall..
Source: euronews (in English) -

News video: U.S.Lawmakers Attempt To Hault Boeing, Airbus Iran Licenses

U.S.Lawmakers Attempt To Hault Boeing, Airbus Iran Licenses 00:42

Representative Jeb Hensarling (R-TX) speaks during the testimony of Consumer Financial Protection Bureau Director Richard Cordray (not pictured) in Washington September 12, 2013. House of..
Source: Wochit News -

News video: Relieved By Fed&apos;s Slow Creep, Asian Stocks Rise

Relieved By Fed&apos;s Slow Creep, Asian Stocks Rise 01:03

Asian shares edged closer to 14-month highs on Friday, but the dollar was on the defensive as investors grew more convinced that the Federal Reserve is settling into a phase of very gradual interest..
Source: Wochit Business -

News video: Is Artificial Speculation Causing the Hunt for Yield?

Is Artificial Speculation Causing the Hunt for Yield? 02:30

September 23 -- A day after Bill Gross said central-bank support limits the downside for long-term government debt, former Federal Reserve Chairman Alan Greenspan called the bull market in Treasuries..
Source: Bloomberg Global Business -


Treasury Auctions Set for the Week of Sept. 26

The following tax-exempt fixed-income issues are scheduled for pricing this week.

Brexit and the City: Your need-to-know names

As rumours circulate that Article 50 could be triggered towards the start of next year, many in London are more than a little curious as to what the City will look like post-Brexit and who will be..
City A.M.

Miliband tells Labour to accept Brexit verdict

Former Labour leader Ed Miliband has warned his party against rejecting June's Brexit vote. Addressing the Labour fringe for the first time in more than seven years, Miliband said it was "nonsense"..
City A.M.

Why Progressives Should Embrace Lael Brainard

Dear friends on the left, I write to you in response to the "blacklisting" of Lael Brainard, Tom Nides, and others from a potential future Hillary Clinton administration. As many of you know,..
Huffington Post

Q&A: A mortgage exec reflects on housing market's challenges

A mortgage exec reflects on housing market's challenges Mortgage rates are near historic lows. U.S. home ownership rates have sunk to a half-century low. The Associated Press spoke with Rohit Gupta,..

Kenya: Banks Demand for Treasuries Raise Credit Squeeze Risk

[Nation] The government risks crowding out the private sector from the domestic market as banks fight to give the Treasury cheap credit days after loan rate caps were effected, further stalling credit..

EU funds for 600 startups have been unfrozen after Brexit pause

Millions of pounds in funding for startups from the European Union that were put on hold after the vote to leave Europe have been unfrozen. Cash from the EU Regional Development Fund was paused by..
City A.M.

...And The Treasury Market Is Trying Very Hard To Kill The Legend


U.S. lawmakers have 'grave concern' over Boeing, Airbus Iran licenses

WASHINGTON (Reuters) - Senior Republican U.S. House of Representatives lawmakers made clear on Friday they will keep campaigning against Boeing and Airbus jetliner sales to Iran, despite the Treasury..

Treasury minister Lord O'Neill quits government

treasury minister lord o'neill quits government
Treasury minister Lord O'Neill, a key figure in pushing the Conservatives' Northern Powerhouse agenda, has resigned from the government.
BBC News Also reported by •BBC Local News

Jim O’Neill resigns from Treasury

Former Goldman Sachs executive upset at grammar schools, Hinkley Point and Northern Powerhouse plans

Treasury minister quits over Northern Powerhouse and China ties

Blow to Prime Minister as key Cameron appointment walks out

Jim O'Neill quits Treasury team over China and Northern Powerhouse spat

Lord Jim O'Neill has resigned as a minister in Philip Hammond's Treasury team amid speculation of differences over the new government's approach to key policies. O'Neill, a former Goldman Sachs..
City A.M.

US Treasury Secretary unhappy with EU’s Apple tax order

us treasury secretary unhappy with eu’s apple tax order
The US Treasury Secretary Jack Lew told the BBC that it is unacceptable for the European Union to grab revenue intended for US coffers with the Apple ruling.
BBC News

City Moves for 22 September | Who’s switching jobs

*Societe Generale* Societe Generale has appointed Carlos Goncalves as head of global technology services. He replaces Bertrand Lemarignier who will take up a new position within the..
City A.M.

Can we call it a comeback? Growth forecasts for UK economy upgraded

Economists are more confident about the UK's growth prospects than at any point since the EU referendum. Despite today's downgrade from the Organisation for Economic Cooperation and Development..
City A.M.

Over 5000 UK financial services firm rely on passports for business in EU

The Treasury Select Committee is today publishing correspondence from Andrew Bailey, Chief Executive...

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