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City concerns as UKFI chief Kingman decides to quit Treasury star faces tough balancing  act to rebuild failed banks Real dust-up on the cards as banks bailout saga plays out

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City Spy: UKFI job sounds like a nightmare

02.09.09
WHO wants to have the tricky task of managing the taxpayers’ holdings in Royal Bank of Scotland, Lloyds-HBOS, Bradford & Bingley and Northern Rock?... more

Easy target that will earn Hester his reward

07.08.09
When the details of Stephen Hester's bonus scheme were disclosed a month ago, there were guffaws in the City... more

Only economists are unable to spot a bit of regal rhetoric

30.07.09
Are you talking to me or chewing a brick?” That was almost certainly the first time I came across a rhetorical question in the flesh. Of course, my fine education had already taught me what such a literary device was in theory ... more

City Spy: Time for Kingman to make a fortune

29.07.09
So Brownite Treasury civil servant John Kingman is quitting as £143,000-a-year chief executive of UK Financial Investments, which oversees the Government's stakes in Royal Bank of Scotland, Lloyds, Bradford & Bingley, etc... more

City concerns as UKFI chief Kingman decides to quit

28.07.09
John Kingman surprised the City as he stood down as chief executive of UKFI, the body which looks after the Government’s huge stakes in bailed-out banks ... more

Treasury star faces tough balancing act to rebuild failed banks

15.07.09
John Kingman doesn't like the limelight. The chief executive of UK Financial Investments was once a Financial Times journalist, but he almost never gives interviews...... more

City Spy: Who is spinning fast over UKFI?

14.07.09
UK Financial Investments, the quango set up to look after taxpayer stakes in Lloyds Banking Group and Royal Bank of Scoltand, is clearly unhappy about the amount of media attention it is attracting ... more

Banks will 'take years' to pay back taxpayers' money

13.07.09
The quango controlling the Government's stakes in British banks has warned it will take years for taxpayers to get their money back as losses on state-owned shares hit £13.2 billion... more

Real dust-up on the cards as banks bailout saga plays out

02.07.09
Once again, this Government has created a beast it cannot control. When Lloyds TSB, HBOS and Royal Bank of Scotland turned to the Treasury for their combined £37 billion bailout last year, wiser voices than mine argued for full rather than part privatisation ... more

Taxpayer body approves pay at Lloyds after Blank’s exit

02.06.09
The government body which looks after the taxpayer’s stake in bailed-out UK banks today gave its backing to the Lloyds Banking Group board after the ousting of chairman Sir Victor Blank ... more

Is 'Lucky' landing in more trouble?

11.05.09
The case of Shaid “Lucky” Luqman, Ernst & Young’s Young Entrepreneur of the Year in 2004, since jailed for contempt of court, rumbles on ... more

Time to stop this public flogging - RBS chief

03.04.09
Sir Philip Hampton, the new chairman of nationalised RBS, has blamed former chief executive Sir Fred Goodwin for the bank's disastrous performance and Government bailout... more

Northern Rock agreed £800m in high risk loans after bail-out

20.03.09
Nationalised Northern Rock was allowed to lend £800 million in high-risk mortgages for six months after being placed on life-support with billions from the taxpayer... more

Goldman faces a double grilling on Rock rescue role

20.03.09
Goldman Sachs faces two Parliamentary inquiries into its role as Government adviser during the nationalisation of Northern Rock... more

Sir Fred Goodwin ponders exile in pension row

04.03.09
Ministers' hopes of slashing Sir Fred Goodwin's £700,000-a-year pension have suffered a blow amid fresh claims that the deal was "wholly legally binding"... more

The bruiser handing out a battering to our greedy bank bosses

04.03.09
Treasury Select Committee chair John McFall is shrugging off the snipers as he earns his spurs tearing into those behind the financial crisis... more

London parents need real choice

03.03.09
TODAY parents learn if their children have a place at their first-choice school. Tens of thousands of London schoolchildren - about one in three - will be disappointed... more

Darling admits: I do have tensions with the Prime Minister

03.03.09
Alistair Darling has admitted to "tensions" between him and Gordon Brown amid signs of a Cabinet rift over whether the Prime Minister should apologise for the economic crisis... more

Myners failed to question RBS chief's pension deal

03.03.09
City Minister Lord Myners was accused of "bumbling incompetence" after it emerged that he had failed to question the massive pension awarded to disgraced banker Sir Fred Goodwin... more

The pound in your pocket is way off-target

18.02.09
In his final Budget as Chancellor, Gordon Brown said “inflation will be on target” throughout 2008 and 2009... more

As banks unveil yet more losses, the fear is worst may not be over

16.01.09
Analysis: These are anxious times for the team recruited to Government by Gordon Brown to, in his own words, “save the banks”... more

Why no gong for Treasury No.2?

02.01.09
The fuss about Nick Macpherson, permanent secretary to the Treasury, getting a gong when it's far too early to say if the banking bailout has been a success, is manufactured nonsense... more

No taxpayers' representatives on banks' boards

14.11.08
The taxpayer will not have representatives directly on the boards of banks getting £37 billion of public funds, it emerged... more

Barclays' £7bn Mid-East bailout to get go-ahead

14.11.08
Barclays' £7 billion bailout, mainly from Middle Eastern investors, looks increasingly likely to go ahead even as the bank's existing shareholders vent their frustration at the terms of the deal... more

Darling under fire as he unveils new bail-out agency

03.11.08
Chancellor Alistair Darling came under fire for his handling of the financial crisis as he unveiled a government-owned company to oversee the £37billion bank bail-out plan... more

A takeaway curry and then biscuits to seal the deal

08.10.08
It was when the takeaway curry arrived at the Treasury at 10pm that Britain's leading bankers first realised it was going to be a very long night... more

Finance

08.10.08
Britain will look to the Square Mile to pull it out of the economic mire, and these are the big names who will deliver the recovery. ... more

Revealing nature of the Beeb’s flourishing tall poppy

24.09.08
Profile: The BBC's business editor Robert Peston landed blockbuster scoops with the HBOS takeover and Northern Rock but his rivals don't always take kindly to his style... more

Branson is winning Northern Rock battle

13.02.08
Sir Richard Branson's Virgin Group has been told by the Government it is winning the race for Northern Rock - but warned it must improve its offer or the bank will be nationalised... more

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