UK Banking

A Tale of Two Pride Campaigns

Ian Johnson | Posted 19.08.2014 | UK Lifestyle
Ian Johnson

As this year's pride season comes to a close it is hard not to have noticed the sheer volume of corporate activity that has been directed at LGBT communities all over the world by brands looking to ingratiate themselves with LGBT consumers.

Bank of England - Confusion Reigns

Nick Beecroft | Posted 18.08.2014 | UK
Nick Beecroft

As I write, the likelihood of imminent rate rises in the UK still hangs in the balance, following the release of another strong set of employment figures and, shortly afterwards, a still surprisingly dovish Bank of England Quarterly Inflation Report, (QIR).

Salmond Won't Be Laughing Now Thanks To This Banker

The Huffington Post/PA | Posted 18.08.2014 | UK Politics

The owner of Clydesdale and Yorkshire Banks has warned of the risks of Scottish independence, saying it could bring "significant additional costs". ...

Banks: All at Sea

Alex Letts | Posted 15.08.2014 | UK Tech
Alex Letts

Whatever outrages over executive pay, you have to think that no amount of money would make it worth being CEO of a major retail bank.

Britcoin

Niamh Corbett | Posted 11.08.2014 | UK Tech
Niamh Corbett

Canary Wharf has become cool! ... On Wednesday, George Osborne turned up in Canary Wharf to announce a new initiative that will explore the potential role of virtual currencies and digital money (Bitcoin to you and I) in Britain's economy.

RBS Is Shutting Down Its 'Corporate Psychopath' Unit

The Huffington Post UK | Asa Bennett | Posted 08.08.2014 | UK Politics

Royal Bank of Scotland is shutting down its controversial Global Restructuring Group (GRG), after suffering a maelstrom of controversy over the "huge ...

Jimmy Savile and the Banking Crisis - United by Failure to Question

Fiona Hotston Moore | Posted 06.08.2014 | UK
Fiona Hotston Moore

There is a great deal we could gain as a culture from being more questioning, which is not the same as being more cynical. Scepticism is what allowed the Age of Enlightenment to emerge in the Seventeenth Century, a liberation of arts and sciences from the stranglehold of religious orthodoxies.

HSBC Boss Thinks It's Time For Bankers To Take Way More Risks

PA | Posted 04.08.2014 | UK

Britain's biggest bank HSBC has warned over the dangers of "unwarranted risk aversion" as bankers seek to protect themselves following the recent wave...

RBS Is Really Worried About Scottish Independence

The Huffington Post/PA | Posted 01.08.2014 | UK Politics

Royal Bank of Scotland has repeated its warning of a "material adverse effect" on its business if Scots vote in favour of independence next month. ...

HSBC Closes Muslim Groups' Accounts As They're 'Too Risky'

PA | Posted 30.07.2014 | UK

Britain's biggest bank HSBC is closing a range of Muslims groups' bank accounts after deeming that continuing to manage them would be beyond their "ri...

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 ...

Heads in the Sand When It Comes to Small Business Security

David Emm | Posted 30.07.2014 | UK Tech
David Emm

It may be surprising to many people to learn just how at risk from cybercriminal activity even the smallest of businesses can be - fraud, banking Trojans, ransomware and phishing attacks all target small as well as large businesses.

The Sweet Drug of Bank Subsidies

Molly Scott Cato | Posted 25.07.2014 | UK Politics
Molly Scott Cato

The large banks that dominate the financial services sector would be making heavy losses without the implicit subsidies they enjoy as a result of the taxpayer guarantee.

Fraud Squad To Probe What Could Be The City's Biggest Scandal Yet

The Huffington Post UK | Asa Bennett | Posted 21.07.2014 | UK Politics

The Serious Fraud Office has launched a criminal probe into allegations of fraudulent conduct in the foreign exchange market, in what would could be t...

'Like Shuffling Deck-Chairs On The Titanic'

The Huffington Post UK | Asa Bennett | Posted 21.07.2014 | UK

Tesco chief Philip Clarke's departure, after mounting pressure over his failure to improve the supermarket's poor sales, shows the daunting task his ...

The Party Is Over For Tesco Chief Philip Clarke

The Huffington Post/PA | Posted 21.07.2014 | UK

Tesco chief executive Philip Clarke has announced he is quitting, forcing the supermarket to cancel its planned party tomorrow celebrating his 40 yea...

'After So Much Harm, How Can They Morally Get Bonuses?'

The Huffington Post/PA | Asa Bennett | Posted 18.07.2014 | UK Politics

Royal Bank of Scotland boss Ross McEwan has refused to rule out paying bonuses to staff at the bank's business support unit, which has been accused of...

Cabinet Reshuffle: Paterson and Gove Sackings Are Long Overdue

Natalie Bennett | Posted 15.07.2014 | UK Politics
Natalie Bennett

The removal of a truly dreadful secretary of state - who in the badger cull demonstrated his broader contempt or total failure to understand scientific evidence - is something to celebrate. The departure of education secretary Michael Gove is also cause for celebration. Again, his replacement is largely an unknown quality, her vote against gay marriage a cause for concern, but there's an opportunity here for the government to draw a line under a truly awful period for English schools.

The Future of Payments - Innovation Can Only Succeed With Customer Insights

Tony Virdi | Posted 11.07.2014 | UK
Tony Virdi

Whilst the way money exchange is handled around the world varies dramatically from region to region, one thing cannot be denied: payments systems, inf...

Why Europe's Universities Need 'Stress Testing' Even More Than the Banking Sector

Dirk Jan van den Berg | Posted 10.07.2014 | UK Tech
Dirk Jan van den Berg

State funding is being cut, European universities are dropping down the international rankings and less research is being produced... Many European campuses are in very poor functional and physical condition... the time to act is now.

Debts: What Options Do We Really Have?

Sarah Moyes | Posted 09.07.2014 | UK
Sarah Moyes

It's really hard to find anyone these days that doesn't have some sort of debt hanging over them. If you've graduated from university, certainly in the last 10 years, then chances are you will still be paying off your student loan today...

Barclays Spending Millions On Teaching Its Bankers Not To Lie

The Huffington Post UK | Asa Bennett | Posted 04.07.2014 | UK

Barclays, which is battling allegations of "toxic" fraud in the US, is going to spend millions teaching its staff principles such as "truthfulness" in...

Confidence in the Banks Creep Back - But Much Left to Do

Peter Aykens | Posted 03.07.2014 | UK
Peter Aykens

The tide is finally beginning to turn when it comes to trust in the banking industry. After the collapse of public trust following the uncertainty of the financial crisis, confidence levels are slowly returning - if only among those with higher bank balances.

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...

'Has The Madness Got That Bad At Tesco?'

The Huffington Post UK | Asa Bennett | Posted 27.06.2014 | UK

Tesco's senior executives faced shareholders today in an ill-tempered encounter that saw them accused of "arrogance" and being "delusional" as the sup...