Mitsotakis' plan for Greece

With the whole world in the midst of a financial crisis as an effect of Coronavirus, how resilient are the UK banks and how will they cope? This article by Dr Linda Arch and Professor Adrian Bell looks at the statistics and overview of our banks.

Munich, 16 October 2013 – There is currently a high level of uncertainty on the international financial markets, due to the budget dispute in the USA surrounding the proposed raising of the borrowing limit. The markets are waiting with bated breath to see whether the Democrats and the Republicans will be able to agree on raising the debt ceiling, which currently stands at just under 17 trillion US dollars. The key question for investors is whether the USA and other countries will be able to pay back the debts they have taken on or whether, as in the case of the debt cut in Greece, they can expect to see losses on their investments. A recent study based on sustainability rating agency oekom research’s country ratings shows that sustainability ratings are a reliable indicator of countries’ solvency and that taking sustainability ratings into account allows investors to make a better assessment of the overall risks.

The Covid-19 pandemic has caused the government to take control of the people of the United Kingdom’s personal finances like never before; Adrian Bell and Chris Brooks look into the details of the settlement