Barclays and Libor Fixing
Calls today came for the resignation of Bob Diamond the boss of Barclays Bank after the bank has been found to have adjusted the inter-bank lending rate – known as the The Libor rate (the average interest rate that leading banks in London charge when lending to other banks) to Continue Reading
Darling, the man who saved the banks!
The Chancellor from the last Labour Government should be hailed as the man who saved the UK Banking system from financial collapse. Alistair Darling (MP for Edinburgh South West). He should be known for the fact that he was he who was solely responsible for actually avoiding a complete UK Continue Reading
RBS Funding Cluster Bomb Manufacturing
In the last twelve months the Royal Bank of Scotland has invested $80million in companies that make cluster bombs. Email the Chief Executive of RBS now 98% of all cluster bomb victims are civilians, and a third of those are children. Last year the UK joined over 100 countries in Continue Reading