By Ian Fraser Published: Mail on Sunday Date: January 10th, 2010 SCOTLAND’S banks are sitting on hundreds of millions of pounds worth of hidden toxic debt from property loans that are in default. The Royal Bank of Scotland and Halifax Bank of Scotland have become owners of a large portfolio of properties but have been [...]
January 9th, 2010 A multimedia campaign was launched yesterday on twitter and Facebook to try to persuade Eric Daniels, the chief executive of Lloyds Banking Group, to see sense. There’s also a powerful new website, STOP HBOS. Already this evening more than 300 people have joined the STOP HBOS group on Facebook and I [...]
January 7th, 2009 There’s no more obvious sign of the shifting relationship between Abu Dhabi and Dubai than the last-minute renaming of the absurdist folly that is Burj Dubai. The decision to rename the 828-metre edifice the ‘Burj Khalifa’ — after Sheikh Khalifa bin Zayed Al Nahyan, president of the United Arab Emirates and emir [...]