UK Banks

Salmond Will Hate What This Guy Has To Say About Scottish Independence

The Huffington Post UK | Asa Bennett | Posted 22.08.2014 | UK Politics

Scottish independence could lead to "capital flight" as savers rush to move their money out of the country, the chairman of HSBC has warned. Dougla...

Be Brave Bercow - Or You'll Be the One Out of Your Depth

Grant Feller | Posted 19.08.2014 | UK Politics
Grant Feller

Baroness Boothroyd spoke out after it was revealed that the current Speaker wants inexperienced Australian Carol Mills to be his £200,000 a year Commons Clerk, despite little obvious affinity for the job.

Are These Two Conspiring To Keep Interest Rates Low? MPs Fear So

The Huffington Post UK | Asa Bennett | Posted 19.08.2014 | UK Politics

Mark Carney is keeping interest rates at their historic low until after the next election in order to help George Osborne, MPs have claimed. Teresa...

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". ...

Why Banks Can't Provide Finance for Start-Ups

Paul Lees | Posted 15.08.2014 | UK
Paul Lees

The most common route to funding in the UK is retail bank loans. Banks lend money with low interest rates to individuals, rather than to companies. This is helpful when starting a business, as it means there is a low level of repayments; however there is often a high level of personal risk.

Russell Wants Your Help To Stop Big Business Profiting From Gaza

The Huffington Post UK | Asa Bennett | Posted 13.08.2014 | UK Politics

Russell Brand has called on big banks, pension funds and other businesses to cut their investments or deals that "facilitate the oppression of people ...

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 ...

MPs Fear Salmond's Independence Plans Could Hurt Businesses

The Huffington Post/PA | Posted 08.08.2014 | UK Politics

Scottish businesses could be left facing an uncertain future in Europe in the event of independence, MPs have warned. Independence would create an ...

'Independence Would Be Disastrous For Scotland's Banks'

The Huffington Post/PA | Posted 07.08.2014 | UK Politics

The creation of an informal currency union between an independent Scotland and the rest of the UK means Scottish banks could not be sure they would be...

'Dear Bankers, Why Must We Cut The Rules Stopping You Taking Risks?'

The Huffington Post UK | Posted 07.08.2014 | UK Politics

Bankers claiming that they are regulated too much should produce detailed figures to back up their complaints, senior Tory MP Andrew Tyrie has said. ...

Energy Bosses Now Risk Jail Time For Rigging Energy Prices

The Huffington Post/PA | Posted 06.08.2014 | UK Politics

Energy bosses will now face up to two years in jail if convicted of manipulating energy prices for their own gain, Lib Dem energy secretary Ed Davey h...

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. ...

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 ...

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 ...

This Bank Gave Its Customers More Than Cash In A Wonderful ATM Surprise

The Huffington Post UK | Asa Bennett | Posted 29.07.2014 | UK Comedy

Canada may be better than Britain in nine ways (see below), but you can now add a tenth to the list - its cash machines are delightfully generous. ...

Bankers Urged To Swear An Oath Not To Rip Off Their Customers

The Huffington Post UK | Asa Bennett | Posted 29.07.2014 | UK Politics

Bankers should swear an oath "never to harm" their customers in the same way as doctors do, a think-tank has said. The Respublica think-tank's sugg...

Rewiring the Channels of Finance Will Ignite Britain's 'Mittelstand'

Rhydian Lewis | Posted 29.07.2014 | UK
Rhydian Lewis

Excuse me if I'm stating the obvious but the banking system designed to lend to the beating heart of Britain's economy is clearly broken. The large banks have been beating the drum that they are 'open for SME business,' but the numbers coming from the industry show the exact opposite.

Cashless Buses Are a Lesson for Banks

Tony Virdi | Posted 28.07.2014 | UK Tech
Tony Virdi

TfL claims that moving to cashless buses will save it £24 million a year, highlighting the economic benefits of embracing contactless technologies... the focus should be on making the technology inclusive. After all, it should be about making the customer experience as easy and seamless as possible.

Britain's Unimpressive and Dysfunctional Recovery

Philippe Legrain | Posted 25.07.2014 | UK Politics
Philippe Legrain

Hurrah: the British economy is now bigger than it was before the crisis! We're doing much better than our critics predicted and better even than our competitors. It's yet more proof that our austerity policies were right all along. Vote Conservative next year.

Lovebox 2014 review

Carina Maggar | Posted 22.07.2014 | UK Entertainment
Carina Maggar

A London weekend festival, Lovebox has been described as "an annual love letter to the Capital" and I couldn't agree more. As usual it took part in Victoria Park, delivering its eclectic mix of musical genres. This year's headliners included Hercules and Love Affair, Nas, Maverick Sabre, Banks, MIA and Bonobo.

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...

'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...