Despite the apparently healthy profits last week, the banks are not yet out of the woods. They may be strong enough to weather another downturn, but they have loans worth hundreds of billions of pounds that need refinancing and that could prove tricky.
Banks will be alone in their celebrations
Tuesday, August 3rd, 2010The robust return to health of Britain’s two part-nationalised banks, Lloyds and Royal Bank of Scotland, should be a cause for celebration. Few taxpayers are, however, likely to hang out the bunting.
Pensions uproar uncalled for
Monday, July 12th, 2010Don’t panic. For once, proposed changes to the pensions system are unlikely to be as bad as they first appeared.
Prison is an expensive way of making bad people worse
Monday, July 5th, 2010From the work we at FMWF have done with women’s prisons and charities that work with them, Justice Secretary Ken Clarke’s prisons rethink is not before time.
Shareholders act (someone needs to…)
Monday, July 5th, 2010In the week when new rules emerged to encourage greater involvement by shareholders in the companies they own, you could hardly have asked for better examples of why they need to start throwing their weight around.
Let’s hope it’s not all pain with no gain
Monday, June 28th, 2010We’ve felt the pain, but the real question following the maiden Budget from George Osborne is where will the big economic gain come from, says Mail on Sunday Financial Editor and FMWF’s editor in chief.
Rules are not enough, we need integrity
Monday, June 21st, 2010Man executives regard rules as applying only to the little people
BP chairman appears on stage, at last
Monday, June 14th, 2010Ah, so there is a BP chairman after all. It may have taken all the President’s men to find him – and summon him to the White House for crisis talks – but Carl-Henric Svanberg is about to break cover. And not before time.
