Measures to give savers extra security if a bank fails will be announced by the British government today as part of major reforms for Britain's banking system.
Thu, 14 Jun, 2012
UK bank shares rose sharply today amid signs that a far-reaching shake-up of the sector will be delayed until after the country's planned 2015 general election.
Thu, 01 Sep, 2011
Darkening clouds over the UK economy mean the British government would be "barking mad" to press ahead with proposals to reform the banking industry, the director general of the CBI business lobby group said today.
Tue, 30 Aug, 2011
Plans to reform the British banking sector should be put on hold until the UK economy has recovered and taxpayers have been repaid for bailing out the banks, the head of the British Bankers' Association (BBA) has said today.
Mon, 29 Aug, 2011
CHANCELLOR George Osborne refused to let the British banking sector off the hook yesterday as he announced another hike in the bank levy to offset corporation tax cuts.
Thu, 24 Mar, 2011
Consumers were warned today that there would be no return to the era of cheap money after tough new regulations were drawn up to boost capital reserves held by banks.
Mon, 13 Sep, 2010
British Prime Minister Gordon Brown tonight suffered an embarrassing rebuff when he floated the prospect of a new tax worldwide, only to have it flatly and publicly rejected by the United States and other major financial players.
Sat, 07 Nov, 2009
British government plans to tighten up regulation of the banking industry threaten to hamstring the sector and further add to the UK’s lending woes, the British Bankers’ Association (BBA) warned today.
Tue, 30 Jun, 2009
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