Banking
Low Interest Rates Hurting U...
Since the interest rates were cut in mid 2008, borrowers in the UK have lost approximately £49bn, according to latest figures released by BoE. On the bright side, borrowers have benefited by these re...
ICB Releases Report on Much...
The long awaited, albeit feared, report on banking in the UK was finally released on Monday much to the chagrin of bankers around the country. If the government chooses to act on recommendations, the...
Vacancies in London Finance...
With the latest numbers just being released, it is apparent that London’s finance industry has fewer vacancies than it had just a year ago in the same period of 2010. In August alone, jobs in the fi...
Payment Protection Insurance...
Just when we thought we had heard the last of the Payment Protection Insurance racket, the Financial Ombudsman Service reports that it is getting record setting 800 complaints a day, most of which are...