Tag Archives: alistair-darling
Darling’s 50% tax sends tycoons to Switzerland
Evening Standard – London’s rich hedge fund managers and private equity executives will quit the UK in droves ahead of the 50% top tax rate next spring. That is the news from City tax advisers who say they have never […]
Darling warns banks of return to risk-taking
Times Online – Alistair Darling has warned that he will impose tougher regulation to avoid a repeat of the banking crisis amid fears of a return of the bonus-driven, risk-taking culture in the City. The Chancellor told The Independent newspaper […]
Hedge clippers
Times Online – They must think it’s Christmas in Geneva. Alistair Darling delivered an early present last week by slapping a 50 per cent tax rate on top earners. Highly paid but footloose financiers are now betting when the rate […]
UK’s biz tycoons to flee high-taxed Britain
Indopia – Britain’s leading entrepreneurs are considering to leave the country as a mark of protest against UK Chancellor Alistair Darling’s new 50 per cent tax rate, a media report says. " Hugh Osmond, the pubs to insurance entrepreneur, is […]
Darling Predicts Agreement on Hedge Funds, IMF at G-20 Summit
Bloomberg – The Group of 20 leaders will agree on new rules to rein in hedge funds and may more than double the resources of the International Monetary Fund, U.K. Chancellor of the Exchequer Alistair Darling said. “There is a […]
Papers turn on hedge fund managers
BBC UK News – "They hunt as a pack and can bring down financial systems" says the Daily Mirror, describing the hedge fund managers widely blamed for bringing down HBOS. The decision to halt short selling of bank shares – […]
