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Home > Blogs > QFINANCE Editor > QFINANCE: financial news roundup (September 8 - 11, 2014)

QFINANCE: financial news roundup (September 8 - 11, 2014)

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Each week QFINANCE.com brings you some of the biggest news stories from the past five days in finance and business – essential reading to keep you up to date with the latest topics.

If you have any views on how we can improve this service or new areas you would like to see covered, please do not hesitate to contact us at qfinancenews@bloomsbury.com

Thursday September 11


The European Union (EU) has agreed to impose new sanctions on Russia tomorrow, reported the BBC.

Related article: EU and US sanctions bite both ways

The Royal Bank of Scotland (RBS) announced that it would leave Scotland if its public votes for independence next week, reported the Guardian. This follows news that Lloyds Bank would also move its head office to England in the event of Scottish independence.






Wednesday September 10


China reported record high investment for 2013, reported the BBC, placing it as the third-largest global investor for the second year running.

Related article: China's Fragile New Prosperity

France’s finance minister Michel Sapin estimated that the country’s budget deficit will be around 4.4% of GDP in 2014, falling below its EU target of 3%, reported Market Business News.






Tuesday September 9


The Bank of England’s governor Mark Carney delivered a speech to the Trade Union Council (TUC), reported the Guardian, in which he indicated that UK interest rates will rise before pay increases.

Related article: Forward guidance: making it up as you go along

The Bank of Montreal reported its most encouraging earnings since the mid-1980s, according to Bloomberg, as it continues to reap the benefits from its 2011 takeover of Marshall & Ilsley Corporation.






Monday September 8


Spain saw signs that its property slump could be lifting, reported the Wall Street Journal, with house prices rising in Q2 for the first time in 6 years.

Related article: The Role of the Global Property Markets Since the Crash

Russia warned that it may impose a flight ban across its airspace if sanctions from the European Union (EU) took effect, reported the BBC.






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