Britain’s broken relationship with banks – we need a fresh start
Pitchforks at the ready: the banks are at it again. This week it emerged RBS (81% tax payer-owned) will be investigated by the Serious Fraud Office over allegations their Global Restructuring Group –...
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Price caps, benefit caps, immigration caps, bank caps. How about a ‘cap’ cap?
According to the papers this morning, Ed Miliband is considering the idea of a cap on the size of banks, specifically their share of the current account market. The biggest four UK banks hold roughly...
View ArticleEU cap makes bank bonuses worse than ever
Whether you love your bankers free range and content or caged and taxed to the nines, the bonus cap was a bad idea. It was clear before the measure even passed that capping bonuses wouldn’t actually...
View ArticleReferendum fears are self-fulfilling, so Out campaigners must prepare
In the weeks before the Scottish independence referendum, multinationals like RBS said they worried about an independent Scotland and what currency it would use. The pound weakened and the FTSE fell....
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