The PPI racket reminds us that, for Britain’s banks, business as usual was rotten
There was a great editorial in Friday’s Guardian. As the UK banks including Royal Bank of Scotland, together with the […]
António Horta-Osório breaks banking’s mould
In Lloyds bows to the law, the Guardian’s financial editor Nils Pratley describes how the PPI misselling saga is likely to become a
Martin Lewis on today’s PPI court victory: banks have “behaved abominably” and “should hang heir heads in shame”
The High Court in London has today ruled that UK banks must compensate millions of people who they ripped off by
Holyrood candidate Kit Fraser bares all (nearly) outside RBS AGM
Outside the Royal Bank of Scotland’s annual general meeting in Edinburgh, Kit Fraser stripped to his boxer shorts in protest
Fair Pensions exposes conflicts at heart of pensions management and calls for radical reform
FairPensions has produced an excellent, in-depth report which lifts the lid on the conflicts of interest at the heart of
Worries over land mean Spain could be next in line for a bailout
When Portugal’s prime minister Jose Socrates formally requested a bailout for Portugal on 6 April 6, it left just two of
The grand failure of Keynesian economics: guest blog by Charles Hugh Smith
The “fixes” of conventional economics including the so-called Keynesian stimulus will all fail catastrophically within the next 10 years. The
‘Rent gougers’ in bailed-out banks should be stripped of subsidy via worldwide Glass-Steagall
William Hopper, co-author with his brother Kenneth Hopper of the excellent The Puritan Gift: Reclaiming the American Dream Amidst Global Financial
‘Hounded’ by Royal Bank of Scotland, Highland accountancy firm on the brink
A LEADING Highland firm of chartered accountants and tax advisers is facing bankruptcy following a lengthy dispute with the state-owned
The horse has bolted, but at least the Lords have started to clean out accountancy’s Augean stables
Lord MacGregor, a former Conservative chief secretary of the Treasury, today unveiled the hard-hitting and long-awaited conclusions of the House
Britain is now ‘a financial rogue state, subverting safer finance’
A report rom the New Economics Foundation reveals that the UK has learnt nothing from the financial crisis of 2008-11. The report,
Libor-rigging probe raises questions about strength of banks‘ ‘Chinese walls’
One of the biggest financial scandals of recent weeks involves the alleged “rigging” of Libor rates by a group of
Tidal power: Scots warm to power of the sea
Keith Anderson, chief executive of Scottish Power Renewables, is aiming to become a leader in offshore turbines Not content with
Tackling kleptomaniac dictators the EITI way
The extractive industries are one of the biggest sources of foreign direct investment for many emerging economies — often accounting
Police dossier says former HBOS directors failed to act on fraud allegations
FSA and Business Secretary Vince Cable among those handed evidence linked to Operation Hornet investigation into alleged £1 billion scam.
Our fuel is among heavily-taxed in the world – George Osborne’s second budget
In his second budget as chancellor, George Osborne sought to promote economic growth through tax cuts for businesses while pushing
Quantitative easing isn’t just failing, it’s sparking global unrest
Andy Xie, a board director at Rosetta Stone Advisors, is a man worth listening to. The 49-year-old former Morgan Stanley
Cogent King makes case for radical bank reform
It’s virtually unheard for the governor of a central bank to launch an outspoken attack on the integrity and purpose
Why the Oscar for ‘Inside Job’ is a sort of turning point
Charles Ferguson’s movie about the financial crisis, Inside Job, released in the US in October 2010, richly deserved to win
Andy Haldane outlines proposals for breaking banking’s ‘doom loop’
The Bank of England’s Andy Haldane gave a fresh perspective on the causes of the global financial crisis and ran
Whistleblower alleges ‘largest sustained cooking of books in British financial history’
A CORPORATE whistleblower’s eight-year battle over his claims that Scottish Widows policyholders were deprived of £1.5 billion during the Lloyds