News

Government adviser reveals his frustration at talk of bank kindness to zombie businesses

Pete Seeger talked the talk and walked the walk. Who comes close today?

Maybe young people in the West just aren't that angry any more

Reckless legacy of RBS triggers shock £8bn loss warning – but bank still wants to pay top execs 200% bonuses

Taxpayer-owned bank sets aside £4.5bn extra for loss-making loans

We should wake up to the fact that we're not going to see that RBS bailout money again

Just when you thought the disaster at RBS couldn’t get any worse, it did.

The Business Matrix: Thursday 23 January 2014

Coach loses ground on rivals

SMEs ‘still not getting help’ on loan schemes

Lawrence Tomlinson’s report on RBS lending found there was evidence it had let some small businesses default

Market Report: Banking stocks took more than eight points off the bluechip index

Banks took a battering yesterday as traders ditched financial stocks after a shock profit warning from Deutsche. Traders feared that news of the German bank’s €1.1bn (£910m) fourth-quarter loss could mean other banks may still have issues to work through and further regulatory fines to deal with.

UK banks hit by Deutsche's shock profit warning

Deutsche shares sank 5% after figures revealed fourth-quarter net losses of €965 million

Miliband interventions could hit stock market prices, experts warn

Britain’s stock market rally could end over the coming months if the likelihood of a Labour victory at the next election grows, experts have warned. 

The Business Matrix: Saturday 18 January 2014

Regulator picks RBS investigators

Market Report: The car insurance price war could be over

Investors drove into insurer Admiral yesterday as signs emerged the car insurance price war could be over.

Royal Bank of Scotland is facing an inquiry by banking regulators

RBS bonuses: Why aren't we more volubly angry about all this?

I cannot understand why the great British public are not apoplectic about these egregious, socially divisive rewards

US watchdogs visit Citigroup's London headquarters amid forex probe

Two of the most powerful watchdogs in the US have sent investigators into the London headquarters of the giant bank Citigroup as the probe into alleged manipulation of global currency markets.

Donald Macintyre's Sketch: As it is, Ed Miliband’s language fails – another sobering Commons tale

“The press was squared / the middle class was quite prepared.” Hilaire Belloc’s words about another Prime Ministerial hopeful could have been written for Ed Miliband this week. How better to describe his article in the Daily Telegraph, no less, promising to “save the middle class”?

A Labour Government would dilute the power of the “big five” high street banks by placing a cap on their domestic market share

Labour promise to limit high street banks is flawed, says Bank of England governor Mark Carney

Canadian defends bonuses and derides Ed Miliband’s plan to give customers more choice by limiting market share

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