John McDonnell, the shadow chancellor of the exchequer and member of the UK’s main opposition Labour Party, talks to Nick Kochan about his plans for the country’s banking sector, alongside tax and wage reforms.
Western Europe
Latest articles from Western Europe
World
/ Western Europe
/ Italy
Why Italy’s banking problems are Europe’s banking problems
February 1, 2019Italy’s financial challenges are far from unique, and are in fact shared by some of its neighbours, writes Giorgio Di Giorgio of the Arcelli Centre for Monetary and Financial Studies.
World
/ Western Europe
/ UK
Looming Brexit savages London’s status
February 1, 2019London’s financial services industry has been badly hit by continued uncertainty over just how the UK will leave the EU. Silvia Pavoni reports.
German banks struggle to regain returns equilibrium
January 24, 2019
Germany’s two biggest banks have struggled to regain their balance over the past few years. Talk of a tie-up between Deutsche Bank and Commerzbank is heating up again, though both lenders have a raft of issues to work through first. Kat Van Hoof reports.
World
/ Western Europe
/ Italy
Italian job unfinished, but progress is being made
January 17, 2019
Italy’s banks have done well to reduce exposure to NPLs in recent years, but there remains much work to be done. Katrien Van Hoof reports.
World
/ Western Europe
/ Italy
Lorenzo Codogno: Why Italy’s budget brings major sustainability risks
January 2, 2019The Italian coalition government's strategy is unlikely to improve the economy in the long run, says London School of Economics visiting professor Lorenzo Codogno.
Stable, solid, but are Germany's banks prepared for coming challenges?
January 2, 2019Low interest rates and lacklustre profitability could spark consolidation in the German banking sector. Despite these challenges, the system remains well capitalised with low NPLs and the prospect of benefiting from Brexit, as Kit Gillet reports.
Herman van Rompuy: Keeping it together for the sake of the EU
January 2, 2019The EU is riven by internal discord, driven by nationalism and social discontent in member states, and squeezed by external pressures such as the US' actions and associated trade wars. Former European Council president Herman van Rompuy makes a plea for unity.
Ipsos bond debut strengthens acquisition strategy
December 3, 2018Market researcher Ipsos made its markets debut with a €300m issue, funding the acquisition of a stake in one of its rivals. David Wigan reports.
World
/ Western Europe
/ UK
Who is footing the UK's infrastructure bill?
December 3, 2018The UK is undergoing a spell of extensive infrastructure building activity. Peter McGill looks at the funding hurdles these developments are having to overcome.
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