Bank of England governor Mervyn King has calmed expectations of an early interest rate rise.Presenting the bank’s inflation report, he has said “some people are running ahead ofthemselves&...
The big UK banks need an overhaul to put a stop to the excesses of the current bonus culture,according to Business Secretary Vince Cable. Last week the government sealed a deal with the largest Britis...
Barclays has been accused of making a mockery of bonus restraint as it hiked staff pay by a quarter while continuing to starve small businesses of funds. The bank unveiled a 32% rise in profits for 20...
Interest rates may have been at a record low for almost two years now, but savers were cheered this week with the news that the average interest rates on Individual Savings Accounts (ISAs) have hit a...