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CommentWire
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Two of the most significant outcomes of the G20 summit in London were the tripling of the IMF's resources to $750 billion and an increase of $100 billion in the multilateral development banks' lending capacity. The increase in resources is a welcome boost to the global economy, but is especially beneficial for Western European financial firms with exposure to Central and Eastern Europe.
Published By Datamonitor
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08 Apr 2009 |
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Expert View
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Although public opinion in the UK has proved vital in combating climate-damaging behavior in the past, a recent survey has highlighted an increase in doubt over the veracity of anthropogenic climate change and a drop in public concern regarding global warming. This does not bode well for the new UK government, which is looking to introduce policies to set the country on a low-carbon path.
Published By Datamonitor
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02 Jun 2010 |
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Expert View
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A British MP has tabled a motion to fine debit and credit card providers if customers use their cards to purchase child pornography online. Prepaid cards have also been singled out due to their anonymous nature, which is claimed to facilitate these purchases. While the motion is unlikely to be passed, it highlights the mounting pressure on prepaid cards.
Published By Datamonitor
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23 Jul 2010 |
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CommentWire
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The UK government has made the banking industry solely responsible for financing the creation of a free national financial advice service. Despite the added cost, investing in such a scheme should prove beneficial to traditional financial services providers, both in its potential to re-engage consumers, and also by having the industry publicly take its share of responsibility for the crisis.
Published By Datamonitor
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25 May 2010 |
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CommentWire
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The recently released green manifesto from the UK Labour Party has drawn attention to the current state of the energy sector and pledges that, should Ofgem's 'reform' not show the unspecified results it desires, the government will intercede in the market further. If this happens, it is possible that the market could be damaged rather than improved.
Published By Datamonitor
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28 Apr 2010 |
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