James Moore is Deputy Business Editor at The Independent.
27 May 2015 01:11 AM
Outlook The banks have been banging on about the inequities of the banking levy ever since George Osborne quite reasonably decided they ought to pay something for the privilege of being underwritten by the taxpayer.
27 May 2015 01:11 AM
Outlook In fining an individual £75m, the Financial Conduct Authority has not just thrown the book at him. It’s hurled the bookcase, the coffee table and the comfy reading chair too.
26 May 2015 12:34 AM
Last week’s record £284.4m penalty imposed on Barclays for its part in the foreign exchange rate rigging scandal came just weeks after a £226.8m fine on Deutsche Bank
23 May 2015 12:53 AM
While base salaries often represent a small part of executives’ rewards, most bonus plans are set at a multiple of salary
22 May 2015 12:48 AM
Outlook There was a little extra froth on the top of Young’s results, thanks to the pub chain’s move into the burger business.
22 May 2015 12:47 AM
Outlook The Bank of England’s deputy governor Andrew Bailey has once again found himself cast in the role of the man who is destroying banking in Britain. The industry’s witch-finder general is now such a figure of fear, his regime of guilty until proven innocent so harsh, that even the promise of multimillion-pound salary, share and bonus packages aren’t enough to persuade people to take top jobs.
22 May 2015 12:46 AM
Outlook It seems Tesco has taken to following the banking play book. Following a parade of ugly scandals that make Tesco’s mis-stated results look like a minor rounding error, the banks and their regulators came to the conclusion that if you give people an incentive to do the wrong things then they will do the wrong things.
20 May 2015 02:50 AM
Outlook The Financial Ombudsman Service is celebrating its 15th anniversary with the news that it has handled 2.8 million disputes between the industry and its customers since 2001.
20 May 2015 02:49 AM
Outlook Some of the former Downing Street adviser Steve Hilton’s ideas have been wacky, some have been positively dangerous, but he’s had some good ones too. Take his latest: suggesting that top bankers should trade in their seven-figure salaries for the (low) six figures commonly paid to top civil servants.
20 May 2015 02:48 AM
Outlook Remember all those gaudy promises in the run-up to the election about the number of houses each party planned to build? They’re going to be broken because Bob the Builder’s mates all went to university and there’s a severe shortage of people to do the work.
The moment a Queen's Guard soldier lost it and drew his gun at annoying tourist
Greece crisis: The wider lesson is that it’s time to abandon this failed experiment in currencies
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Pentagon accuses Russia of 'playing with fire' over nuclear threats towards Nato
They are neither a 'state' nor 'Islamic': Why we shouldn't call them Isis, Isil or IS
Tunisia beach attack: How can British Muslims respond to the latest outrages?
- 1 Kim Jong-un shows off airport designed by architect he likely had executed
- 2 Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
- 3 German ethics council calls for incest between siblings to be legalised by Government
- 4 Fifty Shades of Grey author E.L James's Twitter Q&A didn't go exactly as planned
- 5 Facebook rainbow profile pictures likely being tracked by social network