US CFOs have said that banks reluctance to lend to comapnies will not lift
until the end of next year.
Finance bosses also thought the US government’s $700bn bail out plan was not
guaranteed to stimulate the banks into lending to their clients.
The poll by
found that the US Treasury’s investment in banks would need to have conditions
attached to ensure the money filtered its way into company coffers: ‘Otherwise,
I believe the money will mostly used to increase reserves.’
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements