No time should be wasted asking them to reform – just do it
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Wednesday 08 September 2010
At first sight, the appointment of Andy Duncan, the former Channel Four as the new chief executive of HR Owen, the posh motor dealer, looks a little curious. From television studio to car showroom is an unusual career move. Still, at least Mr Duncan's personal choice of motor won't embarrass him in front of his new colleagues. Our spies tell us he drives a rather swish Audi S5 turbo cabriolet – not much change out of £40,000 for that one.
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.
Exclusive: Young people ‘want UK to stay in Europe’: Four in 10 adults aged 18 to 24 are ‘firmly in favour’ of membership, poll shows
Tom Daley ‘is gay because his father died’ says UK evangelist
Iain Duncan Smith leaves Commons food banks debate early
Kiss and yell: Italian protester charged with sexual assault after kissing riot police officer
PM denies two child limit for benefits is part of Tory welfare policy
Anachronistic and iniquitous, grammar schools are a blot on the British education system
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