Bloomberg Business

UK’s Surprise Budget Surplus Gives Hunt Room to Maneuver

UK Chancellor of the Exchequer Jeremy Hunt has as much as £30 billion ($36 billion) for short-term giveaways in next month’s budget after the public finances came in far better than expected in January.

Credit Suisse Chairman’s Outflow Claims Probed, Reuters Says

Switzerland’s financial regulator is reviewing comments that Credit Suisse Chairman Axel Lehmann made in December on outflows from the company having stabilized, on the basis that they may have been misleading, Reuters reported.

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