UK Banking

WATCH: Top Business Tips For Entrepreneurs

Huffington Post UK | Huffington Post UK Staff | Posted 28.11.2012 | UK

At a time when more of us are considering starting our own business, wouldn't it be good to have access to a banking expert to set you off on the righ...

Who is Mark Carney?

Charlie Thomas | Posted 27.11.2012 | UK

Mark Carney has been revealed as the next Bank of England governor, but who is he? Currently the governor for the Bank of Canada and the chair of t...

Former 'Vampire Squid' Appointed Next Bank Of England Governor

The Huffington Post UK | Charlie Thomas | Posted 27.11.2012 | UK

Mark Carney, the head of Canada's central bank, who once said he was willing to blow the whistle on big financial institutions, has been appointed the...

UBS Fined £29.7m Over Rogue Trader

Charlie Thomas | Posted 26.11.2012 | UK

Banking giant UBS has been fined £29.7 million by the financial services watchdog for its failings which allowed Kweku Adoboli - known as the rogue t...

UBS Trading Scandal - Right Verdict; Wrong Man

Cyrus Moore | Posted 22.01.2013 | UK
Cyrus Moore

By August 2011, the bank's risk exposure had ratcheted up to almost $12bn - enough to bankrupt it - but its back office was still blissfully unaware of its full magnitude. How can a fraud on such a scale go undetected for three years?

The Curious Case of Benjamin Strong

Peter Morgan | Posted 21.01.2013 | UK
Peter Morgan

Benjamin Strong was the first governor of the Federal Reserve from 1914 to 1928. He was also the first economist to use the interest rate to control the aggregate price of goods (the level of inflation), using credit based mechanisms called open market operations as the main tool to achieve his objective.

Steps Must Be Taken to Halt Market Rigging

Leanne Wood | Posted 21.01.2013 | UK Politics
Leanne Wood

Leaving aside the alleged and unresolved illegalities, what we are witnessing is an ongoing transfer of wealth upwards, often from those who cannot afford it to those who do not deserve it. It cannot go on forever, and steps need to be taken now to stop this flow.

UK and the EU: Going, Going, Gone!

Victor Jimenez | Posted 10.01.2013 | UK Politics
Victor Jimenez

The risk for the coalition in Downing Street of embracing this British isolationist sentiment is that it does not embody a rational movement, but a spasm.

Archbishop Will Keep Tyrie Banking Inquiry Place

PA/The Huffington Post UK | Posted 09.11.2012 | UK Politics

The new Archbishop of Canterbury will continue to apply the expertise he has acquired from his two careers to the overhaul of banking standards, it wa...

Charlie Thomas

Banking For A Better Future (INTERVIEW)

HuffingtonPost.com | Charlie Thomas | Posted 12.11.2012 | UK

Simon Dixon is a former banker who decided to leave the murky world of investment banking to lead a new peer-to-peer crowdfunding platform, aimed at h...

Your Next Credit Card Could Have A Screen

Huffington Post UK | Michael Rundle | Posted 08.01.2013 | UK Tech

Your next credit card could have a screen. And yes, there is a reason. MasterCard has just unveiled the Display Card, with the help of security...

Re-wired: Financial Services Evolution

Nasir Zubairi | Posted 05.01.2013 | UK
Nasir Zubairi

Pigs might indeed fly before I get an online solution from a leading bank that actually gets close to what it could and should do.

Charlie Thomas

How Wedding Preparation Led To A HotPants Revolution (INTERVIEW)

HuffingtonPost.com | Charlie Thomas | Posted 06.11.2012 | UK

London-based lifestyle brand Zaggora was founded by husband and wife team, Malcolm and Dessi Bell. In a year, the pair have sold more than 500,000 pro...

Food prices, Hurricane Sandy and Speculation

Deborah Doane | Posted 05.01.2013 | UK Politics
Deborah Doane

Aside from facing a few days off the trading floor last week in Wall Street, big banks will be the ones to benefit the most from the impacts of Hurricane Sandy. Wall Street and other financial centres, such as the City of London, have ridden the wave of extreme weather over the past year, including the drought in the US, driving food commodity prices to new heights.

The Silence of the Corporations

Margaret Heffernan | Posted 04.01.2013 | UK Lifestyle
Margaret Heffernan

The important point here is that every smart organization has got to design and put in place systems and processes that make it easy and safe for any employee to ask questions, raise concerns and blow the whistle.

Europe's Banks Beyond The Pale

Victor Jimenez | Posted 31.12.2012 | UK
Victor Jimenez

For all their self-alleged sophisticated protestation, European banking entities have somehow ended roughly mirroring the very political disarray their CEOs blame for the slow deleverage levels in the industry and timid lending activity. That is, for their stubborn negative to accept that yesterday's boom succulent profits are today's poisonous hot air.

TSB Brand To Return - But For How Long?

Charlie Thomas | Posted 31.10.2012 | UK

Millions of Lloyds Banking Group customers are at risk of confusion after Huffington Post UK discovered customers could find their branches rebranded ...

UK UBS Investment Bankers Fear Jobs Cuts

Charlie Thomas | Posted 30.10.2012 | UK

UBS has confirmed a further 10,000 jobs worldwide are at risk of being axed, causing concern among its 6,500 British investment banking staff. The ...

Charlie Thomas

Is Funding For Lending Working?

HuffingtonPost.com | Charlie Thomas | Posted 29.10.2012 | UK

The £80 billion Funding for Lending Scheme, launched by the Bank of England and the Treasury at the start of August, has been hailed for handing out ...

US Court Summons For Lloyds Banking Group Over Libor

Charlie Thomas | Posted 26.10.2012 | UK

US state prosecutors have ordered Lloyds Banking Group to court as they investigate whether it participated in any schemes to rig the London Interbank...

Charlie Thomas

Santander's Struggles Continue

HuffingtonPost.com | Charlie Thomas | Posted 25.10.2012 | UK

Santander's Spanish parent company saw profits plunge by 94% in the third quarter, with the UK arm also suffering amid pressure on profit margins. ...

Banks Take Fresh Battering For Misselling Swaps to Small Businesses

Cat Mcshane | Posted 24.12.2012 | UK
Cat Mcshane

It's no wonder banks aren't interested, when making their customers' businesses more secure appears to be the antithesis of how they've been running the show.

Why It Pays To Keep Business Simple

Charlie Thomas | Posted 24.10.2012 | UK

The business maxim to "Keep It Simple, Stupid" is not just common sense, it could also make your business money, according to a new index. The Glob...

How Multinationals That Don't Pay Corporation Tax Could Help us All

Harry Freedman | Posted 22.12.2012 | UK Tech
Harry Freedman

What if these companies were to invest the equivalent amount of Corporation Tax they are saving, by supporting those start ups which at present cannot raise funding?

Been Mis-Sold PPI? Join The Half Million

Charlie Thomas | Posted 23.10.2012 | UK

As of Tuesday 23 October 2012, the financial ombudsman has received more than half a million complaints about the sale of payment protection insurance...