Tag Archives: banking

News

Party like it’s 2008?


Former employees from the defunct Lehman Brothers investment bank, which played a key role in the 2008 global financial crisis, are planning a party on... Read More
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State-run Postbank welcome


The creation of a state-run Postbank would help the flow of finance for small businesses and promote social inclusion as traditional bank branches close, Unite... Read More
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News

‘No signs of ending’


Every week more than ten high street bank branches close across the UK.   According to research from consumer group Which? more than 550 branches... Read More
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News

‘No signs of ending’


Unite the union, representing staff across Lloyds Banking Group (LBG) has expressed anger about the banks’ decision to close a further 100 branches, resulting in... Read More
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News

Stop bank closure call


The 72 per cent taxpayer-owned bank RBS – which benefited from a £45bn bailout after the financial crisis – today (February 24) reported its ninth... Read More
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News Feature

Rise of the robo-bankers?


Investment advisers at the 73 per cent taxpayer-owned RBS bank are set to be replaced by so-called “robo advisers” to cut costs, which will entail... Read More
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News Feature

Corbyn in ‘cash cow’ banks slam


Unscrupulous banking bigwigs are treating ordinary workers like a “cash cow”, Jeremy Corbyn told business bosses yesterday (Thursday March 3).   The Labour leader’s accusation... Read More
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News Feature

Rock bottom deal?


Boasts by George Osborne that the £13bn sale of former Northern Rock mortgage loans have resulted in gains for the taxpayer are being questioned by... Read More
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Rock and a hard place


The government's £13 billion sale of 'bad bank' mortgages to a United States equity firm threatens the long-term security of thousands of home owners Unite has warned.  ... Read More
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News Feature

Still living large


Grossly overpaid bankers, who helped trigger the worst financial crisis in generations in 2008, are still living large according to a European watchdog report, with... Read More
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