UK Bankers

Lloyds Profits Hit As PPI Mis-Selling Bill Soars By £600 Million

The Huffington Post/PA | Posted 31.07.2014 | UK

Lloyds Banking Group has posted a half-year profit of £863 million, despite setting aside another £600 million to cover mis-sold payment protection ...

Got Away With Your Bank Bonus After The Crash? Carney Won't Touch You

The Huffington Post UK | Asa Bennett | Posted 30.07.2014 | UK Politics

The Bank of England has admitted that its bonus clawback scheme, trumpeted as "robust action to tackle inappropriate remuneration", will not apply to ...

Independent Scotland Would Be 'Devastated' If Banks Went Under

The Huffington Post/PA | Posted 30.06.2014 | UK Politics

Scotland would have been "devastated" and forced to turn to the IMF for help if it had been independent during the financial crisis, it has been claim...

Bankers Are Not Just Better Paid Than You...

The Huffington Post/PA | Posted 09.06.2014 | UK

Bankers are among the most physically active workers, taking regular exercise more than three times a week, according to a new study In a survey of...

Taxpayer-Owned Royal Bank Of Scotland Profits Soar

The Huffington Post/PA | Posted 02.05.2014 | UK Politics

State-backed Royal Bank of Scotland said it doubled profits in the first quarter of this year but warned that past problems which have cost it billion...

Osborne Lets Lloyds Pay Bumper Bonuses (But Not RBS)

The Huffington Post UK | Asa Bennett | Posted 25.04.2014 | UK Politics

George Osborne will not use the taxpayer's stake in Lloyds Banking Group to stop it paying bonuses twice as big as their pay, but will block the Royal...

Barclays 'Telling Customers To Go To Hell', Shareholders Rage

The Huffington Post UK | Asa Bennett | Posted 24.04.2014 | UK

Barclays is "telling customers to go to hell" rather than becoming the "go to" bank, shareholders warned bank bosses during an angry annual general me...

Cameron the 'Christian'

Grainne Gillis | Posted 20.06.2014 | UK Politics
Grainne Gillis

Interesting, around this time, David Cameron sought to come out as being an "evangelical Christian", and criticising those who did not share his beliefs. While the last census in 2011 showed that just over 59% of the population in the UK self-identify as being of a Christian faith, it did lead me, as a lapsed Catholic, to ask: What exactly does he mean?

The Religious Evangelism of the Easter Bunny

Rod Macfarlane | Posted 17.06.2014 | UK Politics
Rod Macfarlane

As we approach the Easter weekend and the most significant time in the Christian calendar, my thoughts have been divided between David Cameron proclaiming to all his Christian faith and the matter of Scots Independence.

Who Needs to Be a Millionaire?

Megan Hughes | Posted 18.05.2014 | UK Universities & Education
Megan Hughes

In a recent interview in the Observer, Vince Cable admitted that he '[doesn't] understand why people need a million quid a year'. He isn't the first to question the growing divide between rich and poor, but he is one of the most high-profile politicians to do so in recent times...

Mehdi's Morning Memo: Vince Vs The Home Office

Huffington Post | Mehdi Hasan | Posted 06.03.2014 | UK Politics

Here are the five things you need to know on Thursday 6 March 2014... 1) VINCE VS THE HOME OFFICE The Guardian reports on the latest outbreak o...

RBS Reveals A £8.2bn Loss.. And A £576m Bonus Pot

PA/The Huffington Post UK | Posted 27.02.2014 | UK

Taxpayer-backed Royal Bank of Scotland has recorded pre-tax losses of £8.2 billion for 2013, as it revealed a a staff bonus pot of £576 million. ...

Dirty Needles, £10 Blowjobs and Bankers: I Worked the Bar at a 'Gentlemen's Evening'

Ian Horrocks | Posted 20.04.2014 | UK Lifestyle
Ian Horrocks

Last week I worked a 'gentlemen's evening'. Pause for a second. Appreciate that phrase from a purely literal perspective. Now, forget the literal meaning because there is nothing gentlemanly about gentleman's evenings.

Bankers' Bonuses and the Economy

Paul Lees | Posted 21.04.2014 | UK
Paul Lees

Perhaps it would be beneficial for Britain to pick up some tips from Germany as medium-size companies drive their economy. Today one-third of the country's sales, jobs and GDP come from businesses of this size, many of which are family-owned and focus on exports.

How Do Hormones Make Bankers Worse In A Crisis?

The Huffington Post/PA | Posted 18.02.2014 | UK

Financial crises can be made worse by the hormones of stressed bankers could make them take less risky decisions, a study suggests. High levels of ...

Mehdi's Morning Memo: 'Sleepwalking Into A National Security Crisis On Climate Change'

Huffington Post | Mehdi Hasan | Posted 16.02.2014 | UK Politics

Here are the five things you need to know on Sunday 16 February 2014... 1) 'SLEEPWALKING INTO A NATIONAL SECURITY CRISIS ON CLIMATE CHANGE' We'v...

How Many Rogue Bankers Have Been Sacked Since The Crash?

The Huffington Post UK | Asa Bennett | Posted 10.02.2014 | UK Politics

Nearly 6,000 bankers, brokers and financial advisers in the City of London have been sacked or suspended for misconduct since the start of the financi...

Bankers Are Criminals? Yes, Says Conservative MP Steve Baker

Colleen Becker | Posted 07.04.2014 | UK Politics
Colleen Becker

Q. What is your position on the criminalization of bankers in the wake of the global financial crisis? A. Things which were crimes at the time should be prosecuted as such...

Mehdi's Morning Memo: The Osborne Ultimatum

Huffington Post | Mehdi Hasan | Posted 25.01.2014 | UK Politics

Here are the five things you need to know on Wednesday 15 January 2013... 1) THE OSBORNE ULTIMATUM Can the Tory leadership shut down the Europe ...

Woman Honoured Who Fought Bob Diamond's 'Obscene' Pay

PA/The Huffington Post UK | Posted 23.01.2014 | UK

A former Barclays director who fought against former chief executive Bob Diamond's "obscene" pay packet at the bank has been made a dame in the New Ye...

Do RBS Bankers Deserve £500m In Bonuses This Year?

The Huffington Post UK | Asa Bennett | Posted 23.01.2014 | UK

Royal Bank of Scotland bankers are set to rake in £500m in bonuses this year, despite the state-backed bank suffering a series of scandals like alleg...

Is Being A Banker Genetic?

The Huffington Post UK | Jessica Elgot | Posted 28.11.2013 | UK

Boris Johnson is the latest high-profile Tory to insist that those with a higher IQ will achieve most in life, and a difference in intelligence is at ...

Banker Jailed After Spending Embezzled Money On Drugs And Prostitutes

The Huffington Post UK | Asa Bennett | Posted 27.11.2013 | UK

George Kalmar, a former "rising star'"at Morgan Stanley, has been jailed for two years after embezzling nearly £400,000, which he spent on a decadent...

Bank Of England Governor Will Not Be A 'Cheerleader' For The City

The Huffington Post UK | Paul Vale | Posted 13.11.2013 | UK

The Bank of England’s governor has promised to "root out corruption" in the City and "make the financial system safe". Speaking on Channel 4 New...

Why Could Bankers Be Banned From Online Chat Rooms?

The Huffington Post UK | Asa Bennett | Posted 11.11.2013 | UK

Big banks like the Royal Bank of Scotland, Barclays and JP Morgan could ban their traders from online chat rooms in order to limit any risk of collusi...