What should we do with our bank shares?
George Osborne’s announcement in the Mansion House speech about the sell-off of Northern Rock last night prompted me to ponder more closely what we should do when the time comes to sell the rest of the...
View ArticleWhat should David Cameron say in his statement this afternoon?
Following up on my post yesterday morning about yet another institution in crisis, I’m now wondering what happens next? To go back a little bit, I think this has the potential to be a total, utter...
View ArticleWhat links Libor fixing, localism, open data and Ed Balls?
I was recently asked, in a group discussion, whether protectionism or open-market globalisation was better. Instinctively I replied globalisation. But I was surprised by the number of people who were...
View ArticleWe need competition in High Street banking
Financial services are a crucially important industry for this country. Last year 11 per cent of the Exchequer’s income came from the financial sector. We should both take pride in, and be aware of,...
View ArticleTrust consumers to build confidence in banking
In too many areas of British life, there has been a breakdown of trust. Banking is the biggest casualty. But the Banking Reform Bill, which received its third reading in the Commons this week, offers...
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