News Source: Guardian Unlimited
| about 1 month ago
Alistair Darling rebuffs Mervyn King's attack over timidity of banking reforms Mervyn King’s claims were rejected by Alistair Darling. Photograph: Chris Ratcliffe/Reuters Alistair Darling and Gordon Brown today rejected claims by the Bank of...
News Source: Financial Times
| about 1 month ago
So there is a widespread fear, given voice this week by Mervyn King, governor of the Bank of England, that the financial sector seems to have escaped from the crisis “with little real reform”...But this week during a speech in Edinburgh, he...
News Source: Times Online
| about 1 month ago
But that’s what he thinks when he rolls out of bed at 5am to catch the Heathrow Express to Terminal 5. Disgusting, revolting and obscene are the words used of city bonuses...Most people in Britain hold them responsible for house prices plummeting...
News Source: Epoch Times
| about 1 month ago
Britain's government must keep borrowing until recovery is entrenched, and one set of good economic data will not be enough to show this, finance minister Alistair Darling told Reuters on Wednesday. Darling said it was better to continue tax and...
News Source: The Observer
| about 1 month ago
Alistair Darling has openly criticised Goldman Sachs over its plan to pay huge staff bonuses so soon after the financial crisis nearly crushed the banking sector. Speaking at an event in London this lunchtime, the chancellor cited the Wall Street...
News Source: Times Online
| about 1 month ago
Speaking in the Docklands financial district of East London, Alistair Darling ruled out a move to separate banks into high street businesses and more risky investment banking units. "I don't think a Glass-Steagall approach, which might have been...