The Chancellor Alistair Darling today delivered his Budget statement for 2009 - it includes action to support employment, to help families with children, to support pensioners and to help people manage their finances better.
The Budget 2009 sets out how the Government is working to achieve its longterm goals of economic stability and a fair society. It includes [...]

On the BBC this morning, Geoff Mulgan accused governments around the world of poring good money after bad, propping up big failing industries including banks and car manufacturers. A former policy adviser to the Blair government and now Director of the Young Foundation, Mulgan’s opinions carry a lot of weight. He points out that all [...]

Yesterday, some of the leading bankers in the UK appeared before the House of Commons Treasury Committee to explain themselves in light of the near collapse of our economy due to their collective greed. Although quick to apologise, none showed any real remorse for their actions. At least two of them made fulsome apologies to [...]

Today the Bank of England has cut interest rates by an amazing half point to only 1%, which is their lowest level in well over 300 years, as it tries to drag the UK out of the doom and gloom brought on by the credit crunch.
The monetary policy committee had voted to cut the cost [...]

It isnt as tricky as you think to reclaim your bank charges, here is an up to date timeline,
LATE 05. The first campaigners won bank charges reclaims
JAN 06. They contacted this site and the first MoneySavingExpert.com reclaiming guide was published
MAR 06. The first newspaper column on reclaiming was published
MAY 06. The first [...]

This article explains the banking systems deposit guaranty in detail.
Regardless of changes in interest rates or swap rates between the dollar and euro, each banker is aware that banks for centuries actually work with a base currency: consumer confidence. Any disturbance of the market in financial services could lead to withdrawal of resources and undermine and even [...]

This article will explain the financial market crisis in high detail, from the stock brokers who are loosing millions to the banks who are crashing faster than ever.
Stock brokers and bankers around the world clearly realized how serious the Chinese curse to live in interesting times. Sudden collapse of three of the five largest global [...]

Banks have faced strong competition which resulted in substantial changes in the industry, especially since the reforms delay was also delayed because of the state control. Large-scale acquisitions and takeovers have occurred in the conclusion of a wide reorganization of the banking sector in France: 
- In 1996, Credit Local de France merged with Credit Communal [...]

Twenty years ago, the French banking industry was still regulated and extremely divided, the French State was still very much in control. However, for a variety of reasons it has undergone substantial changes ever since, particularly in the course of the last few years. 
First, the banking law of 1984, which placed all banks whatever their [...]

Initially, these institutions used audacity of the capital, which they centralized in the form of deposits generally on current account in speculation and risk in the long-term loans to finance real investment industry. They acted as true “for all banks. 
This policy proved to be dangerous, however, and banks were threatened by massive withdrawals during the [...]