Politics, not economics, will underpin the government’s programme of privatisation in our banks.
Posts Tagged: Banking
“The rest of the United Kingdom would be asked to stand guarantor for banks over which it had no control”.
A lot of people’s fingerprints can be found on the institution’s troubles, and personal attacks can carry political risks with them.
Also: On admiring Paul Sykes, wishing Farage a speedy recovery, my strange dream (watch, out Greg Clark)…and why Miliband is making a twat of himself.
Their existence helps explain the sluggish growth and declining productivity that has characterised this recession.
The jewel in the crown of a shared technology platform would be to make the customers’ transfer of accounts from one bank to another virtually automatic.
The Chancellor claims that he has acted on the best advice he had available to him.
In terms of their willingness to lend, the banks have gone from one extreme to the other. For Tim Harford… Read more »
Repairing things normally involves putting the pieces back together. But when it comes to fixing the banks, the opposite applies… Read more »
Has the backlash against the bankers gone too far? Perhaps, but given the sheer number and variety of banking scandals,… Read more »
OK, here’s a question for you: On a per capita basis, what was the richest country on the world in… Read more »
As we saw yesterday on the Deep End, the idea that the rich pay more than their fair share of… Read more »
In a guest post for the Zero Hedge blog, Charles Hugh Smith has some home truths for his fellow Americans:… Read more »
When people complain about the rich getting richer, they’re usually thinking about the interests of those who aren’t rich. But… Read more »
In his column for Reuters, Anatole Kaletsky ventures into the wacky world of quantitative easing or QE. Faced with a… Read more »