No time should be wasted asking them to reform – just do it
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Saturday 04 September 2010
barclays bank has launched a range of discounted loyalty mortgage deals following similar moves by HSBC, the Halifax, Nationwide and Santander, which also offer preferential rates to existing current account customers.
Tuesday 17 August 2010
Barclays bank has agreed to pay a settlement of $298m (£190m) after it violated US sanctions in transactions conducted with Cuba, Iran, Libya, Sudan and Myanmar.
Sunday 01 August 2010
There are a few potential downsides to the Boris Bikes that arrived in London on Friday, and critics spotted them all. "Stand by for massive amount of suing", "fair-weather cyclists", "a financial fiasco", "a clever ploy by [the sponsor] Barclays bank to ensure we forget their greed and fat-cat bonuses and pensions". Helmets! Hoodies! Hubris!
Saturday 31 July 2010
Q. In January, I was stranded in Perth in Australia because Air Mauritius changed its itinerary without informing me. I arrived at the airport to find my flight had departed the previous day. I was four days late returning to work, lost pay and incurred costs totalling £730, but Air Mauritius will pay me only €600 (£500). While in Perth, I unsuccessfully tried to persuade Air Mauritius to send me home using another airline. After ignoring my emails, Air Mauritius eventually offered me €600, saying: "As previously advised, your settlement has been set out by the EC Regulation 261/2004 and will not be increased." But I believe Air Mauritius has a legal and moral duty to pay for all my extra costs incurred because of the schedule change, so I have refused its offer. RD, by email.
Monday 26 July 2010
Regular readers of this blog will be unsurprised to hear that I disagree with the argument of my colleague, James Moore, that breaking up Barclays Bank would be a bad idea.
Monday 26 July 2010
So now we know. Barclays is Britain’s strongest bank, and by quite some way. Even under a stressed scenario considered by Europe’s banking watchdogs it would have a tier one capital ratio of 13.7 per cent.
Wednesday 07 July 2010
Not another smug financier?
Sunday 04 July 2010
Corporate grandee Sir Nigel Rudd has been asked to stay on for a second three-year term as chairman of BAA. Sir Nigel took on the chairmanship of the UK's airports operator, owned by Spain's Ferrovial group, in September 2007, and has overseen a troubled period including the completion of Terminal 5, the forced sale of Gatwick airport and the failed attempt to build a third runway.
Thursday 01 July 2010
A glamorous estate agent said to be at the centre of the alleged Russian spy ring was the subject of an urgent investigation in Britain last night, after evidence emerged that she had worked in London before moving to the US.
Wednesday 30 June 2010
Outlook Gulp. If you're a teacher, a nurse, a binman or a civil servant – in short, if you work in the public sector – the latest news from the BBC makes uncomfortable viewing. The cuts the Corporation proposes to make to the pension benefits it offers its staff could set a precedent that ministers follow over the years ahead, particularly if BBC bosses can avoid a very painful industrial dispute.
Tuesday 29 June 2010
A bank siege ended peacefully last night when a man was arrested after up to 16 people taken hostage were released unharmed.
Wednesday 23 June 2010
John Varley, the chief executive of Barclays Bank, said that pursuing the acquisition of Lehman Brothers at the height of the financial panic in 2008 led to "the riskiest week" of his life.
Saturday 12 June 2010
Saturday 05 June 2010
George Osborne, the Chancellor, ought to do a little more practising what he preaches. He is full of the need for austerity measures, promising billions of pounds of cuts in public spending. He expects colleagues to set an example – ministers have been told to travel using second-class train tickets whenever possible. And he has even started lecturing other countries on cuts, warning about high budget deficits around the world when he arrived at the G20 meeting of finance ministers in Korea yesterday. So how did Osborne get to Korea? By business class flight, obviously.
Friday 04 June 2010
Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
Shock poll shows voters believe Ukip is to the left of the Tories
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
New era of cheap oil 'will destroy green revolution'
Ukip founder Alan Sked and Nigel Farage 'begged Enoch Powell to stand as a candidate'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more