Faisal Islam
Extra capital for UK banks. How not paying tax helps
As Britain’s banks “pad up” their capital ratios, Economics Editor explores if RBS, bailed out by the taxpayer, should be able to use its losses to not pay tax?
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Faisal Islam
The bankruptcy G8
Guests of David Cameron’s G8 summit will not need to look further than their own doorstep for examples of a challenging world economy.
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Jon Snow
Here we go again? FTSE 100 hits high
I may just have an E at economics A level, but some of the same ingredients that led to the economic crash in 2008 seem to be appearing again, and my financial contacts don’t disagree.
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Faisal Islam
No triple dip – not that it really ever mattered
Today’s GDP figures will have prompted relief at the Treasury that there is no new recession. But longer term, the picture for the UK economy is unchanged.
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Faisal Islam
Is souped-up scheme a shot in the arm for lending?
Nick Clegg says the government’s Funding for Lending has been put on steroids. But, if it leads to a house price bubble, is it really an economic policy on smack?
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Faisal Islam
How Greece exported a bank default to Cyprus
Cyprus bailout: the inside story of a president “humiliated” by EU bureaucrats half his age, and of a country pushed over the edge in order to protect Greece.
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Faisal Islam
Nicosia’s corralito: the kids leading Cyprus’s controlled anger
Chanting “Troika go home” to the White Stripes’ Seven Nation Army, Economics Editor Faisal Islam meets the kids leading the controlled anger in Cyprus at its bailout terms.
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Faisal Islam
Of zombie budgets and mortgage subsidies
The chancellor’s plans to boost the housing market are “well down the list of Britain’s economic to-do list, and arguably well up the not-to-do list”.
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Faisal Islam
Zombie Britain and a decade of rot?
When George Osborne delivers his budget on Wednesday, the numbers will continue to be drenched in red, writes Faisal Islam, with “zombie economics” holding back lending, spending, and investment.
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Faisal Islam
Cyprus: Too Small To Bail
Anger is growing among Cypriots as they queue at cashpoints to withdraw their savings due to the bailout.
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Faisal Islam
Cyprus: ten huge consequences of the bailout of a small country
As Cyprus prises itself from the jaws of bankruptcy, the island’s savers face a big bill to dig the island out of its financial mess, reports Faisal Islam.
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Faisal Islam
The Bank of England funding for landlords scheme?
As new figures show a rise in mortgage lending is more down to buy-to-letters than first-time buyers, where is the public debate about the effect of government intervention in the mortgage market?
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Faisal Islam
King: Split RBS to save the UK economy
In advocating that RBS should be split into good and bad banks, Sir Mervyn King is showing a “major display of independence in his last months in office”.
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Faisal Islam
The UK’s economic strategy: double AA, triple dip, single-minded
Does losing our AAA credit rating really matter? Faisal Islam argues that the UK is in a different position to the US and France which have already suffered the same fate.
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Faisal Islam
Mark Carney, the chancellor’s flexible friend
With the words “flexible inflation target” peppering his Treasury select committee hearing, new Bank of England Governor Mark Carney clearly wants to do more to help Britain’s contracting economy.