banking crisis

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Alistair Darling has acknowledged that the 'bonus culture' persists
Darling: Bonus tax ‘a failure’

by Peter Wozniak The attitude of banks towards big bonus payouts to staff has not changed as a result of the previous government’s ‘bonus tax’, according to Alistair Darling. The former chancellor said: “I think it will be a one-off thing because, frankly, the very people you are after here are very good at getting… Read more »

News
Banks confront lack of lending
Bankers address lending problems

By politics.co.uk staff Britain’s high street bank bosses have outlined their plans to tackle limited lending to businesses in a letter to chancellor George Osborne. Stephen Green, chairman of the British Bankers’ Association, told Mr Osborne the taskforce would report by early October and cover market analysis, securitisation and funding, business finance and trade finance…. Read more »