Banking report: is it a game-changer?
Is the independent report on banking “transformative”? Economics Editor Faisal Islam is not convinced.
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In his keynote Labour conference address, party leader Ed Miliband offers a “new bargain” to the people of Britain. Top Labour figures tell Channel 4 News the speech was “typical Ed”.
A major review led by judges and libel lawyers into the use of injunctions to gag the media is set to be published amid fears the legal tool is damaging freedom of speech in the UK.
MPs must reform privacy laws to simplify the use of injunctions that gag the media, judges said today, throwing the gauntlet at Parliament’s feet.
Is the independent report on banking “transformative”? Economics Editor Faisal Islam is not convinced.
Faisal Islam’s full interview with RBS Chief Executive Stephen Hester.
Amid reports that RBS’s chief executive is in line for a £2.5m bonus, Prime Minister David Cameron says the state-owned bank should be leading the way in awarding smaller bonuses.
A report into the collapse of the Royal Bank of Scotland will not be a “blow by blow account”. Business Secretary Vince Cable tells Channel 4 News it’s “a highly unsatisfactory position”.
Lloyds Bank chief executive Eric Daniels announces he will retire in a year’s time, a move that will be welcomed by some of the bank’s shareholders.
Channel 4 News Economics correspondent Faisal Islam examines the news that the Bank of England loand more than £60bn to RBS and HBoS in secret.
Yet more indications today of Britain’s radically altered political landscape. Some irony that the Labour left’s long-desired aim to cancel a raft of multibillion pound defence contracts will, in all probability, be realised by a Conservative chancellor responding to the costs of a crisis in capitalism. I can’t get across enough how much this crisis…
There’s nothing like a quick visit to America to remind you of the interesting contrasts between our two nations – divided as they are by a common tongue. In the United States President Obama tells bankers to show responsibility and forego bonuses because “there are people who are a lot less well off, who are…
Former HBOS chief executive Sir James Crosby says he will ask for his knighthood to be removed and will forego 30 per cent of his pension after last week’s report into the bank’s collapse.
The parliamentary banking commission says the three bankers who presided over the 2008 HBOS collapse should never work in the City again. But why were they not stopped? And what is their punishment?
More than 12,000 private shareholders, who paid out money to help RBS during the financial crisis, launch a potential £4bn claim against the bank and its former bosses.
Royal Bank of Scotland pays more than £600m in bonuses to its staff, despite a “chastening” year in which it made pre-tax losses of £5.2bn.