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Archive for the ‘Banking’ Category

Since the Bank of England reduced its base lending rate to an historically low 2% on Thursday UK media commentary has been dominated by a ‘will they, won’t they’ analysis of which banks are planning to pass on the full value of the 1% cut to their mortgage customers and which are not.  At the [...]

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There is no situation so bad that can’t be made even worse with a “lavish staff blowout” as yesterday’s News of the World front page story about HBoS’s Annual Star Gala event, which took place in Edinburgh last week, and the Sunday Mail’s exclusive about the bank’s planned December event in Birmingham for 1,500 mortgage [...]

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