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Good Times Roll Again At British Banks – Lloyds Actually Making Money and Stephen Hester May Get Bonus

Editor — Fri, 19 Mar 2010 10:58:37 +0000

Lloyds is recovering from its HBOS hangover and Hester lines up £5m bonus...

Hostage to the Hedgies

Editor — Thu, 21 Jan 2010 14:35:20 +0000

Hedge fund inverstors. Want to cash out to cash in on the rebound? Tough!

The $66million 500 dollar bill fraud scam

Editor — Thu, 21 Jan 2010 13:59:29 +0000

Yes, you did just read that right...

Buffett Not So Sweet On Kraft’s Cadbury Deal

Editor — Wed, 20 Jan 2010 13:51:33 +0000

"I feel poorer." "If I had the chance to vote on this, I'd vote no!"...

There’s a Bear Market on Bonuses

Editor — Wed, 20 Jan 2010 13:40:21 +0000

That's right, some banks are in retreat as payout time looms...

Merv King – Britain To Become Like Narnia

Editor — Wed, 20 Jan 2010 13:20:23 +0000

Well there may not be a century of perpetual winter ahead but a long financial chill is in store for the British economy...

UK Heading for Downgrade?

Editor — Tue, 19 Jan 2010 13:08:44 +0000

Standard Life one of the country’s largest investors warned yesterday that the UK’s triple-A credit rating was “extremely vulnerable”.

Cadbury Finally Melts Under Kraft Bid

Editor — Tue, 19 Jan 2010 12:10:15 +0000

Nearly two centuries of independence draw to a close for the U.K.'s largest confectionery company as Cadbury accepts the U.S. giant's bid.

The Demise of Trading-Pits

Editor — Tue, 19 Jan 2010 11:24:23 +0000

A new film FLOORED mourns the passing of an age. “The biting of the nose and the fights, sure, when you’re throwing around that kind of money, people tend to lose it sometimes,” said Doug Pringle, 42, who traded corn, soybeans, 10- year Treasury notes and 30-year bonds for 17 years. “I miss the excitement.”

UK’s Worst Post-War Recession but It’s Not All Bad

Editor — Wed, 23 Dec 2009 12:57:35 +0000

Everyone by now must be familiar with the fact that the UK has suffered its worst postwar recession. And that unlike our peers, the last quarter didn’t see us find the exit. The economy shrank by 0.2 per cent in the third quarter, less than the 0.3 per cent originally estimated, but not the 0.1 per cent decline expected by analysts. So still shrinkage but is there something to be positive about?

Well yes, sort of. FT

A sharp jump in ...