Are there many more out there in the UK who are totally hacked off at this government’s treatment of savers during this financial crisis?
At a time when it’s clear to just about anyone with half a brain, that the present problems stem from excessive borrowing, this wonderful government of ours is doing all it can [...]
Posts Tagged ‘banks’
So what about us savers?
Posted in Economics & Finance, Politics, tagged banks, borrowing, financial crisis, Gordon Brown, interest rates, lending, savings on January 19, 2009 | 1 Comment »
Basel II and its impact on the global financial crisis.
Posted in Economics & Finance, Politics, tagged banking crisis, banks, Basel 2, basel II, Bingley, Bradford, European Union, financial crisis, Northern Rock on October 11, 2008 | 1 Comment »
Only in the technical financial press has any mention been made so far to the impact of the ludicrous “scientific precision” of Basel 2 EU directives. They have finally kicked their inventors in the teeth, as widely predicted by economists and others at the time.
Officially directives 2006/48 and 49, Basel 2 demands that banks and [...]
Hanging picnic at Northern Rock?
Posted in Economics & Finance, tagged banks, Northern Rock on September 14, 2007 | Leave a Comment »
Could Northern Rock go bust – to use the vernacular? (For non UK readers, Northern Rock is a UK bank which has today had to apply to the Bank of England for emergency financial support. The most visible effect so far of the impact of the US sub-prime lending debacle). Northern Rock is no different [...]
