Banking crisis

How long until the plug is pulled?

8 December 2009 17:53

Moody’s AAA sovereign monitor was published today, and whilst the UK’s AAA status remains ‘resilient’ the situation is far from…

Saving the world

5 December 2009 11:56

The further revelations about the astonishing costs of the bank bailouts so far indicate just how much taxpayers’ money is…

Bernanke trashes Brown’s tripartite system

4 December 2009 18:23

Gordon Brown’s much heralded tripartite regulatory system failed the first time it was faced with a financial crisis, proof that…

Collective failure exposed

4 December 2009 9:00

The National Audit Office’s report into the government’s handling of the banking crisis and taxpayers’ continued exposure is a pandora’s…

Risky business

3 December 2009 12:18

With the largest transfer of liabilities in British history – the insurance of the risk of loss on £240 billion…

Labour’s free for all

30 November 2009 15:33

The potentially huge exposure of UK banks in Dubai, depreciating some UK bank share prices again this morning, is a…

A nation of property owners

28 November 2009 17:55

An Abu Dhabian official has briefed Reuters that Abu Dhabi will rescue Dubai on a “case-by-case basis”. The official stated:…

The coming sandstorm

27 November 2009 16:39

The FT’s Alphaville blog has published a table detailing foreign banks’ exposure in the UAE. Look away now because it’s…

Dodgy doings in the desert

27 November 2009 9:06

Of all the lunacy engendered by this financial crisis, Dubai’s decision to call a six-month creditor standstill on its chief…

Saving the world

25 November 2009 15:56

Today’s revised GDP data confirms that the UK remained alone of the world’s major economies in recession in the third…

Missing the point

25 November 2009 10:33

The Today programme really let Paul Myners off the hook this morning. The interviewer obsessed with why the loans had…

There are more pressing financial concerns than this

24 November 2009 18:26

The two top dogs at the Treasury Select Committee, John McFall and Michael Fallon, give remarkably different reactions to the…

Renewed tension between Brown and Darling

9 November 2009 12:06

Alistair Darling did look slightly apprehensive when Gordon Brown gatecrashed the G20 finance meeting on Saturday. And how right Darling…

G20: the way ahead ignores unresolved issues

7 November 2009 11:46

Home of golf and full of five star hotels, St. Andrews is a lovely spot for a weekend shindig, so…

Quantatitive Easing is an affront to democracy

6 November 2009 13:09

Readers of the Spectator will know George Trefgarne’s work, and today he delivered an important report on the dangers of…

Printing money is not the solution

5 November 2009 17:44

With another £40bn disappearing down the black hole known as the British Banking sector, the financial cost of the economic…

Failing to address the banking crisis is hampering recovery

4 November 2009 8:59

As another £30 billion of taxpayers’ money is handed over to banks, the role of banking sector in the continuing…

The bills just keep coming in

3 November 2009 18:27

Two years after Northern Rock became the first bank failure of this crisis, another £30 billion of taxpayers’ money needs…

Next step for banks provides further vindication of Osborne

3 November 2009 13:22

Alistair Darling has unveiled the initial phase of his plan to get the majority state owned banks back into private…

Brown’s double hit

10 October 2009 16:48

What is the true price of Gordon Brown’s economic incompetence and inept bank regulation? The soaring national debt is one.…