UK Bank

What Type of Business Bank Do We Really Need?

Stian Westlake | Posted 25.11.2012 | UK
Stian Westlake

So the bank is out of the bag. Vince Cable announced the establishment of a state bank to get credit flowing to businesses. But as the last five years have taught us, there are all sorts of banks: good banks, bad banks, casino banks and zombie banks.

Barclays 'May Defer Bonus Payouts'

PA | Posted 05.08.2012 | UK

A pay scheme that could defer bonuses for Barclays bosses until they retire is being considered by the under-pressure bank, it was reported on Sunday....

Time for New Finance

Nasir Zubairi | Posted 04.09.2012 | UK
Nasir Zubairi

No more excuses; this is a broken record. Credit crisis, moral hazard, payment protection insurance, taxpayer bailouts, mis-selling, bumper bonuses, rogue trading, "Muppets", collusion, lending.....the scandals hitting the banking industry roll on and on.

The Great Currency Rip-Off

Nasir Zubairi | Posted 13.08.2012 | UK
Nasir Zubairi

When making a cross-border transaction, the crucial question you have to ask -- whether you are the owner of a business or a consumer -- is what is the exchange rate.

Jubilee Threatens To Hit Economy Warns Bank Of England

PA/Huffington Post UK | Posted 16.05.2012 | UK

The UK's recovery from recession will be hampered by people taking time off work during the Queen's Diamond Jubilee celebrations, the Bank of England ...

RBS To Announce Repayment Of Emergency Loans : Bank On The Road To Recovery

PA/Huffington Post UK | Posted 03.07.2012 | UK

Royal Bank of Scotland is expected to announce plans to fully repay £163 billion of emergency loans on Friday, claims BBC business editor Robert Pest...

Maintaining the Bank of England's Independence is a Balancing Act

Evelyn Robert de Rothschild | Posted 12.01.2012 | UK Politics
Evelyn Robert de Rothschild

Proper financial regulation is a delicate balancing act. The long-term health and stability of our economy requires great care to safeguard both the independence of the Bank and the interests of the public.

Bank Of England Unveils New £50 Note

PA | Posted 30.11.2011 | UK

PRESS ASSOCIATION -- A new-style £50 note with enhanced security features is to come into circulation in November, the Bank of England said. It wi...