Big Four Firms Opine On UK Emergency Budget

James Spencer, Big4.com
July 7, 2010

George Osborne, the Chancellor of the Exchequer of the United Kingdom had a tightrope to walk while presenting the recent UK Emergency budget. Should strict austerity measures be taken to control the burgeoning fiscal deficit or be avoided in order not to derail the nascent economic recovery?

A tough choice for the country and a rough position between a rock and a hard place.

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FSA Breaks Up, But What Does That Mean For The Big Four?

James Spencer, Big4.com

June 22, 2010

George Osborne, the current Chancellor of the Exchequer of the United Kingdom seems to have finally got his wish and managing to get the UK Financial Services Authority (FSA) wound up. The Conservative’s "White Paper" on City regulation will call for the erstwhile financial regulatory structure to be dismantled owing to its less than desired response to the financial crisis. Under the new proposal, the FSA's powers will be transferred back to the Bank of England, and it will cease to exist. Its three key responsibilities:

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