It is fair enough for Angela Knight to issue siren warnings about how the nation will plunge down the tubes if the politicians dare to meddle with the banking sector... more
The most toxic thing about bankers’ bonuses is that they hold up to ridicule the concept of shared pain by which the Government sets so much store... more
One of the ITV directors purged by new broom, Archie Norman, is also under fire in another business. Heather Killen, who runs Horse & Country TV, is being sued by the loss-making channel's launch MD.... more
How many truly brilliant people do you know? I mean brilliant, not just clever-clever. Extrapolating from that number - which is probably no higher than zero, and is certainly lower than three - how many truly brilliant people are there in the whole world?... more
There could be a trend developing. Here, the Royal Bank of Scotland board is threatening to quit if the Government blocks the bank's bonus awards (rumours swept the market yesterday that they had indeed resigned, but these later proved to be false)... more
Gordon Brown said: “He makes some very clear recommendations which I believe will be adopted. There have been excesses, it is seen by the public as irresponsible and unfair, we have got to take the action.”
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HSBC chairman Stephen Green has declared that the financial and economic crisis is a long way from being over as regulators warned that the overhaul of the banking system could result in lower profits... more
A sign of how deep the levels of denial still run in the banking industry came in phone calls last week from people who are, er, influential in the sector... more
Shares of failed buy-to-let lender Bradford & Bingley were suspended at 20p before the start of trading on the stock market, to allow for the transfer of ownership into public hands... more
Tonight:
3°c
