Uk Says Its Local Banking Rules Eased For All, Not Just Chinese

The official name of the disease is bovine spongiform encephalopathy (BSE). The only problem is that scientists still are not able to calculate the risk for those exposed to the prion protein called abnormal PrP, during the years that the prion was spread through the population because researchers don’t know how long the prion, vCJD has to incubate before it causes the disease. On the other hand, not everyone who carries the prion may develop the disease. Also see the October 15, 2013 Yahoo News . article, ” Mad cow disease: One in 2,000 in UK carry protein .” The lead researcher in the new study is Sebastian Brandner. He’s a professor of neuropathology at the University College, London. In the study scientists examined 32,441 appendixes from patients who had their appendix removed at hospitals in the UK. The appendixes were tested for PrP. Sixteen samples were positive. What the scientists did then was to extrapolate how many of those would represent the UK. Travelers to the UK from the USA may also want to know what to do in case they need a blood transfusion or what to eat. Some people worry about blood from the cut finger of a food worker going into the food. See, ” Mad Cow Disease-Overview – WebMD ” and ” Disease precautions for hunters .” What happens when a hunter cuts an animal infected with such a prion and then cuts himself so the blood gets into his wound? See, ” Mad Deer Disease: Can Venison Kill You? | Outdoor Life .” Can squirrel-eating hunters and survivalist catch prion diseases from eating squirrels, deers, or other animals they hunt?

UK retail sales rise more than expected in September

But Andrew Bailey, head of the PRA said on Thursday that the new regime applied generally to banks from outside Europe, allowing them to open branches in London rather than more tightly supervised, ring-fenced subsidiaries, as long as they show that the bank can be wound up if it hits trouble. It marks a significant shift in policy, aimed at promoting free trade, and reverses the fragmentation of supervision seen since the financial crisis. “Earlier this week it was announced that the PRA will be prepared to see Chinese banks open branches here … it should be clear that this is not a special arrangement for China, rather it is part of a broader policy,” Bailey told a British Bankers’ Association conference on Thursday. Bailey said branches would only be allowed if the PRA had clear and credible assurances from the parents of banks and from their home regulator. “This is not a free for all,” he said. “Our stance is sensibly cautious, but not I think restrictive … And let me reiterate that it is a general policy, not a China policy, and it is consistent with promoting the benefits of an open world economy.” In the last five years Britain has required most overseas banks to set up their UK operations as subsidiaries rather than branches, thereby providing greater protection for depositors and taxpayers. Branches are treated as extensions of the overseas bank, leaving the British regulator with limited control over capital and liquidity. According to media reports Chinese banks have complained the rules made it hard to operate in Britain, prompting them to move much of their business to Luxembourg. But in announcing an easing of the rules Osborne was met with accusations that he was being softer on Chinese banks, and going against the trend of requiring tougher rules on capital adequacy and against money laundering. A senior UK lawmaker on Wednesday called on the PRA to show it had not been put under pressure by the government.

1 out of 2,000 people in UK may carry the human form of mad cow disease prion (Video)

30,000 in UK may carry the human form of mad cow disease prion.

Retail sales volumes rose 0.6 percent on the month to show growth of 2.2 percent compared with a year earlier, the Office for National Statistics said on Thursday. Economists had expected a rise of 0.4 percent on the month and 2.1 percent on the year. Furniture sales provided the biggest boost for the increase in sales in September from August, likely linked to a recovery in the housing market. Rising house prices, record low mortgage rates and hopes of economic recovery have given consumer spending a boost and a hot summer helped prompt heavy spending in July before shoppers tightened their purse-strings in August. Food sales, which surged during July’s heatwave, fell for a second month in September. With inflation continuing to outstrip wage growth, economists have questioned whether the trend of rising consumption will be sustainable. Store price inflation eased to an annual 0.9 percent in September, the slowest pace since April and down from 1.6 percent in August. Retailers are generally still wary about the outlook for their businesses. In recent weeks store groups, including Tesco and Sainsbury’s, have highlighted how consumers’ disposable income is still falling. Data released on Wednesday showed average weekly earnings growth including bonuses slowed to 0.7 percent in the three months to August compared with a year earlier. Inflation in Britain in September stood at 2.7 percent. A survey from the British Retail Consortium showed retail sales recorded their second-weakest performance in September this year.