Archive for April, 2008
Robert Peston On HBOS
There is an excellent post by Robert Peston today on his blog at the BBC website. <here>
In his article he looks at the events that led to HBOS having to go to the market to raise more cash to help refill their coffers. Once again we must ask ourselves how these apparently very bright and [...]
Well Done Mervyn King
It is good to hear that the Governer of The Bank Of England has been critical of the financial institutions poilicies of giving huge bonuses to their staff. The ridiculous bonuses some staff receive was no doubt a significant factor in the problems which led to the credit crunch as they worked to get their [...]
Bank Charges – Penalty Charges Test Case
After a long wait we finally have a result and it seems to be a good one for the consumer. The judge has broadly agreed with the view of the OFT that bank charges should be considered by the OFT under the consumer contract regulations. There will be a delay while the banks are considering [...]
