Strikes are choking recovery
If you took a quick glance at the news in the last week, you’d be forgiven for thinking we’re living in a bit of a time warp. (That’s, of course, unless you relied on the BBC for your news, in which...
View ArticleEconomic recovery starts with bankers and benefit claimants
Last week’s official confirmation that the economy went backwards during the last quarter of 2011 should be a real wake up call for everyone. We are balanced on the edge of a cliff. It’s like that...
View ArticleBob Diamonds are the City’s best friend
On July 3, Bob Diamond was officially cast as the rot of the City: the embodiment of greed. The-Teflon coated politicians, revolting shareholders and socialist tabloids went into overdrive, and every...
View ArticleWill there be banks in 2023?
The last few years haven’t been kind to our high street banks. Between a colossal recession largely caused by their own irresponsible lending, scandals such as PPI mis-selling and LIBOR rate fixing,...
View ArticleBankers predict stronger coming 12 months across sectors that under-performed
Encouraging economy There is, however, a sense of optimism surrounding 2014 after a strong 4Q13 and a healthy pipeline of prospective deals lined up, said David Silver, managing director at Robert W....
View ArticleBonuses are almost back to pre-recession levels
According to figures from the Office for National Statistics over £42bn was paid out in bonuses in the last financial year – up 2.7 per cent on the previous 12 months. That’s just 0.1 per cent below...
View ArticleVince Cable: Government is “twiddling the knob” too much when it comes to...
With Cable out of the government spotlight since the general election after loosing his seat in Twickenham to Conservative candidate Tania Mathias, he was quizzed on the current government and...
View ArticleChallenger bank director Lord Turner: P2P losses will make bankers look like...
Speaking on Wake Up to Money, Turner was asked about the current state of the British and global economy, threat of UK exit from the European Union and impact of P2P lending. He declared: “The losses...
View ArticleI thought we’d seen the back of column’s glorifying the City of London’s...
We all hear stories of the supposed sordid acts that go on in financial districts around the world – as young (and often incredibly arrogant) professionals spend their bulging pay packets. Suddenly...
View ArticleLondon’s hottest residential areas for wealthy banking professionals
In fact, consultancy WealthInsight previously found the astonishing revelation that one in 29 Londoners is a millionaire, which placed the UK capital fifth in a rundown of the ten cities with the...
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Why ‘the Establishment’ needs to learn humility
A good friend of mine is my polar opposite. He is a Corbynista whereas I regard that man as a dangerous Trot. He is a passionate Remainer whereas I am an ardent Brexiteer. He believes the upper...
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Why ‘the Establishment’ needs to learn humility
A good friend of mine is my polar opposite. He is a Corbynista whereas I regard that man as a dangerous Trot. He is a passionate Remainer whereas I am an ardent Brexiteer. He believes the upper...
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