Britain Archive

HSBC is considering moving to a country that fined it $1.9 billion

HSBC is considering moving its headquarters to the US – the country that fined the bank $1.9 billion (£1.3 billion) for breaching money-laundering rules in 2012 – according to a report in the Financial Times. The bank is reviewing whether or not to leave the UK, as it tries to cope with increasing regulatory and [&hellip

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The Brexit campaign is starting to look like it could win

A heavyweight new campaign group calling for Britain to leave the European Union launched on Friday with support from Tory, Labour, Green, and UKIP politicians and top political donors. Vote Leave has support from millionaire Labour donor John Mills, who founded JML, as well as Stuart Wheeler, a major Conservative donor before he joined UKIP [&hellip

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Building houses in Britain is like printing money right now

House builder Barratt Developments put out its full-year results on Monday and they underline just how hot Britain’s property market is at the moment. Revenue in the year to June 30 jumped 19.1% to £3.7 billion ($5.7 billion), while pre-tax profit shot up a crazy 44.8% to £565.5 million ($870.8 million). That’s a huge jump. [&hellip

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Britain’s government is about to make a massive change to the EU referendum

Britain’s government is about to make a massive change to the upcoming European Union referendum. According to the BBC, citing unnamed government sources, Prime Minister David Cameron will uphold a “purdah” before Britons vote on whether they want to stay in or out of the EU, in 2017. Read More

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