The UK Treasury is set to investigate allegations that the Swiss arm of HSBC helped around 130,000 clients evade tax. Whistleblower Mr Falciani – not Falcao, because he can’t seem to get anything right at the moment – claims that the UK government should have known about the scandal as early as 2010. Her Majesty’s … Continue reading Scandalous!
Soaring Swiss Franc
On Thursday 15th January 2015, Switzerland’s franc rose by approximately 30 percent against the much-maligned euro, after the Swiss National Bank (SNB) decided to abandon its three-year old cap at 1.20 francs per euro. This marks the most controversial event in Switzerland since the birth of Sepp Blatter. For a nation accustomed to sitting on … Continue reading Soaring Swiss Franc