Archive for December, 2009
OFT Abandon Bank Charges Fairness Case
There is disppointing news on bank penalty charges today. The OFT have decided to abandon the legal challenge on bank charges fairness. This follows the Supreme Court ruling that said that the specific part of the law they were claiming would allow them to decide on fairness, did not actually apply.
It is a blow for [...]
When You Run Out Of Cash Stop Spending
Another year is heading to a close and, as always, this makes us look back to see what has occurred throughout the year and the story of the year is probably the same story as it was last year. The banks, bankers bonuses and the taxpayer support for the banks.
Unfortunately we have no say in [...]
Sack The Bankers And Clean Up The Debt Industry
In my travels across the web today a couple of articles attracted my attention. The first, from the BBC website which is reporting how Lorn Myners reacted to the board of RBS reporting that they might all resign en mass if the government, as the largest shareholder, insists they should not pay out £1.5 billion [...]
