UK Bubble UK Economy

Everyone will have fun and games except the British taxpayer

Customs officers plan to walk off the job just one day before the Olympics. Moreover, they won't work any overtime throughout the games....

I can't muster any outrage at the story that G4S will pocket its multi-million management fee despite failing to hire enough guards, lea...

The stories are coming thick and fast. Here is the latest from the FT: The Securities and Exchange Commission sued Brian Stoker, a former...

This time it is HSBC and money laundering. From the BBC: A US Senate probe has disclosed how lax controls at Europe's largest bank le...

Just when you think you have heard it all, Lord Turner-head of the FSA-comes along with the following outrageous admission: Part of the st...

Who is paying for the crisis? It is not the banks, that is for sure. The Bank of England may have cut their interest rates to zero, but th...

Barclays reckons other banks were also meddling with LIBOR. From the BBC : Senior managers at Barclays have warned staff in an internal m...

According to the New York Times, the US Justice department’s criminal division is preparing cases against several financial institutions and...

(click on the graphic for a larger version) Go on....have your say....who was the worst dictator evah....

You just can't rely on those Swiss bankers any more. There was a time when the wealthy and well connected could open up anonymous number...