News And Announcements
ECB warns London-based banks against empty shell offices in the EU after Brexit
The European Central Bank will be paying special attention to London-based banks’ relocation plans, issuing a warning at the start of the week against any temptation to set-up empty shell offices in the EU after Brexit.
Commission opens investigation into Ikea's tax arrangements in the Netherlands
Brussels has launched an investigation this Monday into Ikea’s Dutch tax deals as part of its ongoing crackdown on corporate tax evasion.
Trump to drop climate change from US National Security Strategy
US president Donald Trump will give a speech on Monday where he will outline the country's new approach towards national security, including the omission of climate change and its effects as a key threat.
US housebuilder sentiment hits 18-year high in December
Sentiment among US housebuilders improved more than expected in December, hitting an 18-year high, according to data released on Monday.
UK banks could face fines over immigration checks on account holders
The City regulator may slap fines on banks and building societies if they don’t scrutinise the immigration status of their account holders in the search for illegal immigrants.
UK manufacturing orders hold steady in December - CBI
UK manufacturing orders held steady in December, according to the latest figures from the Confederation of British Industry.