Firms fear future as feast turns to famine
Crisis could be existential for some of Scotland’s professional services firms The humbling of Scotland’s once proud and buccaneering banking […]
October 2008
Universities: Funds needed to give ‘Celtic tiger’ its teeth
Scotland’s first minister Alex Salmond wants to boost economic growth and transform Scotland into a “Celtic tiger”. But he is
Paul Moore: James Crosby sacrificed risk management on the altar of growth
HBOS under Crosby — a bank out of control? Another former senior executive at HBOS has come forward to admit
Fred’s downfall: hubris followed by nemesis
This is an extended version of an article on Fred Goodwin and the collapse of RBS commissioned by the Mail
Financial crisis blamed on “growth at any cost” school of economic thinking
YESTERDAY, I heard an interesting take on the financial crisis from Roger Steare. This revolves around the idea that, since
Wealthy Scots hit by AIG fund freeze
Furious investors who claim they were badly advised about the enhanced fund may lose millions Thousands of Britain’s wealthiest investors,
Uncertain legacy of the man who broke Royal Bank of Scotland
AS the Royal Bank of Scotland announces that the reign of chief executive Sir Fred Goodwin will officially end on
Scottish Agenda: Get used to a world that gives less credit
Fall of banks paints bleak future for Scotland’s economy “Meltdown Monday”, which saw the effective nationalisation of both Royal Bank
Listed firms urged to have in-house audits
Lord Smith, chair of SSE and Weir Group, has hardened his stance and feels that all companies would benefit from
How Lloyds’ advisers clashed with those of HBOS at 3am and nearly scuppered Darling and Brown’s bank rescue plan
Last weekend, two brawling investment bankers nearly brought down the entire capitalist system. As the finishing touches were being put
Can politicians really make banking leopards change their spots?
MARKETS IN MELTDOWN: The UK government’s £500 billion bail‑out could backfire by giving banks licence to continue their reckless behaviour
Finger of blame points at audit firms
Accountants missed ‘red flags’ at failing banks. By Ian Fraser THE FINGER of blame for the crisis that has crippled
It takes a woman to remind us what the markets are for
Despite the best efforts of various governments to cauterise the problem of collapsed and collapsing banks, we are this weekend
The sage of St Colme Street: Why was nobody listening?
Ian Rushbrook, the Edinburgh-based fund manager once described as a “perma-bear”, was for many years a voice in the wilderness.
Dubai’s economic miracle (literally and figuratively) built on sand
Cracks are starting to appear in the the economic miracle that was Blingopolis, otherwise known as Dubai. The over-stretched and
After the fall
As the world braces itself for the consequences of the collapse of the financial system, a new model will have
Britain fiddles while the credit market burns
100% deposit guarantee for Irish banks worries UK rivals IN THE Whitehall of Sir Humphrey and James Hacker, it was
Fears over staff pensions as Strathclyde takes a hit
UK’S largest local authority pension fund, the £9bn Strathclyde Pension Fund, has admitted it has been caught out by the
Storm clouds gathering
With the threat of recession looming and a private equity market that punches well beneath its weight, the future for