Britain’s taxpayer-bailed-out banks today reassured the City that they will not need to raise fresh capital despite the Bank of England recently saying that the UK banking sector had a £25 billion capital shortfall.
Lloyds TSB
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The Business Matrix: Monday 29 October 2012
Monday 29 October 2012
Rise in overseas calls for tax help
Have the banks got any guilty secrets left?
Thursday 25 October 2012
Next month is the fifth anniversary of HSBC releasing a trading statement that on the face of it looked fairly innocuous, but which contained this statement: "Deterioration in US housing markets is affecting consumer finance credit quality more broadly than hitherto and loan impairment charges are expected to remain high in these conditions. There is the probability of further deterioration if the current housing market distress continues and further impacts the broader economy."
We could usefully put eggs in other baskets – but the City is a major part of the economy
Monday 22 October 2012
The City has become a careless shorthand for the banks and the bad bankers housed within
FSA fines Bank of Scotland over IT troubles
Saturday 20 October 2012
Should you live near work or commute?
Friday 19 October 2012
Report shows Reading is the most popular station for commuters into London, followed by Guildford, St Albans and Woking
Barclays PPI claims bill hits £2bn
Thursday 18 October 2012
The bill for mis-sold payment protection insurance (PPI) at Barclays soared to £2 billion today as claims against the banking giant continue to pile up.
Hamish McRae: Economics and the Scots' referendum
Wednesday 17 October 2012
So Scotland gets its referendum on independence. The general perception is that the debate will now switch to the economics of it all. It is a perception given a certain spice by an opinion poll suggesting that if Scots felt they would be £500 a year a head better off they would vote in favour, and if the same amount worse off they would vote against.
Barclays scraps sales-based bonuses for staff
Thursday 11 October 2012
Scandal-hit Barclays has announced it is scrapping commission-based sales targets for frontline staff and will pay bonuses purely on customer satisfaction.
The main reason for moving house? Downsizing
Thursday 11 October 2012
Age becoming less relevant factor as one in five now downsizing earlier than expected to raise windfall money and help with household bills
What the Sunday papers said
Monday 08 October 2012
Independent on Sunday: Scardino to step down from Nokia after Pearson exit
Lloyds' banking systems failure hits 22m retail customers
Friday 05 October 2012
Some 22m retail customers of Britain's biggest banking group faced chaos today when Lloyds' banking systems failed.
Office sale nets £60m for Hammerson
Tuesday 02 October 2012
Hammerson took its latest step out of the London office market yesterday as it rang up another £200m sale in the Square Mile.
Top award for academy that helps youngsters
Monday 01 October 2012
An academy that trains thousands of underprivileged youngsters to work in restaurants and hotels has been crowned winner of an awards scheme that recognises the highest standards of social responsibility and employee engagement.
- 1 Terror at Woolwich barracks: Attacker tried to behead and disembowel British soldier
- 2 Mothers' diets may harm IQs in two-thirds of babies
- 3 Gay couple beaten in park urge MPs to moderate language on gay marriage
- 4 After woman sells virginity for $780,000, here are the results of our prostitution survey
- 5 Far-right French historian, 78-year-old Dominique Venner, commits suicide in Notre Dame in protest against gay marriage
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