Ed Balls – the proud Co-operator
It’s taken three days of torrid headlines, but today Labour has finally come out fighting about its association with the crystal Methodist and former Co-op banker Paul Flowers.
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Prime Minister David Cameron ducks Labour demands for the government to veto individual bonuses paid to RBS bankers.
What bright ideas would light up the UK economy for you? George Osborne has set out his plan for economic recovery, but Channel 4 News wanted to find out what people on the street would like to see.
As RBS is accused of driving small firms “to the wall”, Channel 4 News speaks to a businessman who alleges he was told by the bank that he had to sort out his cashflow or face bankruptcy.
The political row over the Co-op Bank and Paul Flowers intensifies, with Ed Miliband accusing David Cameron of “desperate” smears over Labour’s links to the lender’s scandal-hit former chairman.
It’s taken three days of torrid headlines, but today Labour has finally come out fighting about its association with the crystal Methodist and former Co-op banker Paul Flowers.
An investigation into the scandal at Co-operative Bank will delve into the appointment of Paul Flowers as chairman, and look at the role of the government and regulators.
That a Reverend – Paul Flowers – was caught on camera buying crack cocaine and crystal meth is bad enough. That he’s the former chairman of the Co-operative bank couldn’t be any worse.
The Co-op has a proud history, but after the resignation of its chairman, the Paul Flowers affair and the proposed financial rescue by US hedge funds, Channel 4 News looks at what the future holds.
Reverend Paul Flowers was not interviewed by regulators when he was appointed Co-op Bank chairman, the financial watchdog reveals, as it renews calls for checks on senior City appointments.
The idea that money men are taking control of the Co-op may be the worst outcome precisely because all the money men care about ultimately is money.
Paul Mason watches Royal Mail shares hit the market – and asks why, in an era of food banks and falling wages, the government is allowing the “better off” to cash in through privatisation.
Britain’s state-backed banks are braced for a flood of interest in the help to buy scheme. But MPs warn the Bank of England should have more powers to intervene.
Annual stress tests for banks are meant to ensure they remain financially secure, but tougher conditions could make it harder to get a loan, writes Economics Producer Neil MacDonald.
Chancellor George Osborne meets housebuilders and mortgage lenders to discuss the second phase of the government’s scheme to increase home ownership.
It’s been a year since the banking regulator said 1,000s of small businesses had been mis-sold interest rate swaps. Yet for one such business, the compensation battle continues.