'We Were Useless In Uncovering Truth Over Libor Scandal'

'We Were Useless In Uncovering Truth Over Libor Scandal'

9.07.2012
A Conservative MP tasked with investigating the Libor rate-rigging scandal said she and her fellow politicians were "useless" in uncovering...
Is Success Without Achievement the New Corporate Culture?

Is Success Without Achievement the New Corporate Culture?

9.07.2012
In a society that values winning above everything else, we should not be surprised that a culture of cheating has become endemic. So much...
Banks Are Anti-Business, Claims Vince Cable

Banks Are Anti-Business, Claims Vince Cable

8.07.2012
Banks are anti-business and are throttling the economic recovery, Business Secretary Vince Cable said on Sunday as he claimed the Government's...
Not Short Of A Bob: Balls Calls Diamond's £17m Payout 'Outrageous'

Not Short Of A Bob: Balls Calls Diamond's £17m Payout 'Outrageous'

8.07.2012
Pressure is growing on Bob Diamond not to take a severance package worth a reported £17m, with Ed Balls saying the payout would be “outrageous”...

The Case Against Business: Barclays and Ethical Capitalism

6.07.2012
If a newspaper were to report that a bank had been involved in activities that increased profits and, in a time of crisis, somewhat disingenuously...
Mega Jokes Of The Week: Seven Days Of Twitter Funnies

Mega Jokes Of The Week: Seven Days Of Twitter Funnies

Andrea Mann  6.07.2012
And what a week it's been. Megabus - our favourite of all the Transformers - was the subject of a terrorist threat by a Pot Noodle/e-cigarette/rolled-up...

Change Management at Barclays

6.07.2012
In the wake of Mr Diamond's resignation, one of the most interesting things that stood out was the use of the word "franchise." Most of...
Government Defeats Labour's Bid For Judge-Led Banking Inquiry

Government Defeats Labour's Bid For Judge-Led Banking Inquiry

Ned Simons  5.07.2012
The government has defeated Labour's bid for a Leveson-style judge-led inquiry into the banking sector by 320 to 239, a majority of 81...
Balls Loses Temper With Osborne Over Libor Claims

Balls Loses Temper With Osborne Over Libor Claims

Ned Simons  5.07.2012
Ed Balls has angrily demanded George Osborne withdraw the "utterly baseless accusation" that he had intervened to try and manipulate the...
WATCH: Hilarious Spoof Barclays Advert

WATCH: Hilarious Spoof Barclays Advert

5.07.2012
A huge tip of the hat today to comedian Michael Spicer for his really rather magnificent fake Barclays ad. Lampooning not just the banking...
The Moody's Downgrade Is Just What Cameron Needed To Hear

The Moody's Downgrade Is Just What Cameron Needed To Hear

Chris Wimpress  5.07.2012
The vote on whether the inquiry into Libor should be a full-blown judge-led probe or a faster, more limited investigation by Parliament...
Barclays' Credit Rating Outlook Downgraded

Barclays' Credit Rating Outlook Downgraded

5.07.2012
British banking giant Barclays today saw its credit rating outlook downgraded to negative to reflect concerns over the impact of Bob Diamond's...
MPs To Vote On Investigation Into Banking Scandal After Osborne Turns Spotlight On Brown

MPs To Vote On Investigation Into Banking Scandal After Osborne Turns Spotlight On Brown

5.07.2012
MPs are to vote to decide whether Parliament or a judge should stage an investigation into the banking scandal as George Osborne accused...
Osborne Accuses Brown Government Of Involvement In Libor Rate-Fixing

Osborne Accuses Brown Government Of Involvement In Libor Rate-Fixing

4.07.2012
Chancellor George Osborne tonight directly accused members of Gordon Brown's government of involvement in the rate-rigging scandal. Osborne...