Gordon Brown
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A group of shareholders in Royal Bank of Scotland has launched a multi-million pound lawsuit against the state-owned bank for misleading investors at the height of the credit crisis in 2008.
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A group of shareholders in Royal Bank of Scotland has launched a multi-million pound lawsuit against the state-owned bank for misleading investors at the height of the credit crisis in 2008.
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LONDON, March 28- A group of shareholders in Royal Bank of Scotland has launched a multi-million pound lawsuit against the state-owned bank for misleading investors at the height of the credit crisis in 2008..
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But in Italy, Britain and the rest of Europe, this week's events should help convince politicians and voters that efforts to reduce government borrowing, whether through public spending cuts or through tax hikes, are both politically suicidal and economically counterproductive. In Italy, and therefore the entire euro zone, this shift is now almost certain.
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LONDON, Feb 25- Prime Minister David Cameron risks wrecking Britain's financial centre with his bid to wrest back powers from the European Union ahead of a vote on whether to leave, one of the UK's most influential Europhiles says.
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In what some call the "reverse Volcker moment," Ben Bernanke has become the first head of a central bank for decades to announce he will target a 6 percent level of unemployment alongside his inflation objective.