Gordon Brown takes over the EU summit
It seems very much that Gordon Brown is on the move, he is on a roll and he wants the whole world to know about it!
After taking his place at the ongoing EU summit in Brussels which is discussing how to combat the European banking crisis, Gordon Brown has literally taken over. He has challenged EU leaders to move to stage two of his UK blueprint and look at how regulations across the European financial industry can be changed to ensure no repeat of the credit crisis.
Over the last few years we have seen the UK position at the table diluted by cross country deals, back stabbing and a general dislike of the way the UK likes to stick up for itself. However, the fact that no other EU leaders seem able to come forward with an acceptable plan has allowed Gordon Brown to grab the steering wheel of the EU bandwagon.
It will be interesting to see if they do actually follow Mr Brown's every word as there are some in the EU that are looking to go it alone. Will Gordon Brown be able to unite Europe of is he after the applause, the applause, the show must go on....
Share this..
Related stories
Car insurance to rise 10%, says AA
21/01/2015 The AA have claimed that car insurance costs could rise by up to 10% throughout the year. Annual car insurance prices have fallen in the last three years due to a crackdown on fake whiplash claims and inflated hire car and repair bills that padded out premiums, but the AA have predicted 2015 to see an increase in costs. The cost of annual comprehensive car insurance has risen b...
Read MoreKingfisher forced to issue indicative trading report
The UK retail giant Kingfisher, which owns DIY chain B&Q, was today forced to release a highly unusual indicative trading update to the city. This came about after the head of the company's investor relations division accidentally e-mailed a spreadsheet to a number of city analysts which detailed the forthcoming figures. So what exactly happened?
In a fairly run-of-the-mill investor...
Npower to pay £26 million fine
18/12/2015 Energy firm Npower has been forced to pay a fine of £26 million after a series of inaccurate bills and failings in complaint handling. Ofgem, the energy watchdog, has revealed that Npower has to pay the record settlement for failing to “treat customers fairly”. Its billing issues affected more than half a million customers between 2013 and 2014, where the company issued more...
Read MoreWill the UK banking sector ever recover?
The ongoing demise of the UK banking sector, with Royal Bank of Scotland, Lloyds bank, Northern Rock and Bradford & Bingley all in some way heavily dependent on the UK government, has cast a very dark cloud over the UK economy. As we mentioned in some of our other articles there is concern within the investment industry and indeed the Standard & Poor's credit rating agency is very downbeat on the...
Read MoreCo-op fails Bank of England “Stress Test”
16/12/2014 The Co-op bank has failed a stress test conducted by the Bank of England (BoE). HSBC, Barclays, Santander, Standard Chartered and Nationwide all passed and Lloyds Banking Group and Royal Bank of Scotland were found to be at risk in the event of a "severe economic downturn". The test was given by the Prudential Regulation Authority (PRA), which is part of the BoE. It was designed t...
Read More