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James R. Crosby

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City Spy: No fun at ITV in this Ball game

11.09.09

Just how wide is the opposition to Tony Ball being made ITV's next chief executive within the higher reaches of the broadcaster? Very, is the answer.... more

ITV execs urge new search for CEO

10.09.09

Senior executives at ITV have launched a desperate last-minute attempt to prevent former BSkyB boss Tony Ball being appointed chief executive of the commercial broadcaster ... more

This cars idea might be fit for the scrap heap

24.04.09

Just how brilliant is the car “scrappage” scheme in the Budget? It’s designed to stimulate the car industry but only Ł1000 of the Ł2000 paid to the owner of an old banger trading it in against a brand-new model, comes from the taxpayer; the rest is provided by the car industry... more

MPs must find new targets for their pot-shots

18.03.09

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High fives at RBS as Hester cuts sweet deal

27.02.09

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Bowker looks lonely at top of National Express

24.02.09

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Gordon’s on the Orient Express – with an awful lot of suspects

18.02.09

The defection of a key welfare adviser and a spate of criticisms from senior figures are signs that the PM is becoming more isolated as his troubles deepen ... more

Top shareholders can and should do more to stop reckless bosses

13.02.09

Analysis: The blame game over the banking crisis is in overdrive with the former heads of Royal Bank of Scotland and HBOS in the dock this week... more

They were still in denial, all the way to the precipice

12.02.09

Revenge, as everyone knows, is a dish best served cold, and Paul Moore must be feeling satisfied today. It's nearly four years since he was sacked by Sir James Crosby and for much of that time his claims, that he had been pushed out because of his warnings about the risks that HBOS was running, were ignored. Even last year, as the banks were sliding into the mire, his protests on the BBC did not gain much traction.... more

Rolls-Royce a role model for Rio

12.02.09

Today's tale is of two companies and the importance in an economic downturn of a strong balance sheet. In one corner is Rolls-Royce, which has spent the better part of Ł10 billion since 2001 on research and development, capital expenditure and so on, but is still sitting on Ł1.5 billion of net cash. ... more

Let's be honest, Brown is just as much to blame for this disaster

12.02.09

As a barrage of criticism forces banking watchdog Sir James Crosby to resign, the Evening Standard's City Editor reveals how even the Government encouraged the money-men to carry on unabated ... more

Treasury Select Committee MPs don't have a clue

12.02.09

The bankers have been given quite a kicking for their role in the financial crisis this week. But something else became all too clear in Westminster: almost no one on the Treasury Select Committee has a clue what they are doing. ... more

HBOS risk whistleblower puts heat on PM's ally

11.02.09

Banking: Claims by a former senior risk officer at British bank HBOS that he warned his bosses the bank was moving too fast have raised concern that risk warnings were ignored and put pressure on an ally of Prime Minister Gordon Brown... more

After perfect career City grandee ends in rogues' gallery

11.02.09

Until yesterday City grandee Sir James Crosby appeared to have timed his career path to perfection... more

Brown’s adviser ‘sacked banker who got it right’

10.02.09

One of Gordon Brown's key City advisers has been accused of sacking a whistleblower who warned that risky bank practices would "lead to disaster"... more

Gloomy times in battle to end mortgage market crisis

01.12.08

Analysis: Britain's mortgage market is in crisis. Sir James Crosby's newly published Treasury report says net mortgage lending has slumped so calamitously that it could turn negative... more

House prices due to fall by 25% next year

25.11.08

House prices are set to collapse by 25 per cent next year as new mortgage lending dries up completely, the Treasury has warned in the small print of the pre-Budget report... more

Ailing home loans set for boost from Crosby

24.11.08

Budget report: The mortgage market is set to get a multi-billion-pound boost after the Government was warned of the dire consequences for cash-strapped property owners... more

Hold your sobs as Lehman boss has to sell home

22.09.08

City Spy is sure most of the 5000 or so Lehman Brothers employees wondering where their next all-expenses-paid lunch is coming from, will spare a thought for ousted US chief executive Joe Gregory... more

Man with Asda habit v the Quiet American

17.09.08

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Energy firms cool on Brown's fuel aid bid

03.09.08

Gordon Brown's hopes of persuading energy firms to give £100 to needy families were fading... more

How the credit crunch saved Sarah from herself

31.07.08

As Sarah Skelding's situation demonstrates, the problem of the housing crisis is not the difficulty in getting mortgage finance, but the fact that houses are grossly over-priced... more

Comment: Bank profits and mortgage pain

30.07.08

The worse than expected fall in profits at Lloyds TSB and heavy bad debt charge is further evidence of the scale of damage done by the credit crunch to high-street lenders... more

Of inflation hawks and bolting horses

30.07.08

There may be a three-way split at the Bank of England over what to do with interest rates, with some arguing for a cut, others a rise, and the rest no change at all. ... more

Freeze on home loans 'set to last another two years'

29.07.08

Former HBOS boss tells Government that there will be no quick fix for the current crisis as mortgage shortage is set to continue into 2010... more

Homes warning as new mortgages fall to record low

29.07.08

Britain's housing crisis deepened as the number of new home loans slumped to a record low and a government adviser warned of three more years of rising mortgage costs... more

If you haven’t got the cash, now you can’t buy the house

10.04.08

It's already clear that the era of 100% mortgages was a bull-market aberration... more

Highlighting the MPC dilemma

10.04.08

Those hit by the credit crunch are screaming for interest rate cuts but the rest of the economy shows little sign of needing it... more

Ex-HBOS boss to boost outlook for mortgages

09.04.08

The Treasury appoints ex-HBOS chief executive Sir James Crosby to head an emergency review of the mortgage market... more

Peter Fincham comeback with a top role at ITV

28.02.08

Michael Grade has shaken up ITV, appointing the man who resigned as controller of BBC1 after the controversial clip of the Queen which appeared to show her storming out of a photo shoot... more