The Bank of England’s New Powers

I think the Bank of England should have powers to limit mortgage lending and try and mitigate booms and therefore busts in the Housing markets. Leaving such things to politicians who worry about elections and want the good times to keep rolling in the housing market...

The New Banking Player

I hope a new competitor to the Banking industry will buy the branches from the Lloyd’s Banking Group which EU rules require following their bailout. We really need a new significant player that is going to think outside the box and shake up the industry.rnrnThis...

Today’s Blog

I have banged on for years against the Banks and customers taking complaints to the Financial Ombudsman’s Service. The following article gives some very interesting statistics on which institutions have the worst statistics....

Today’s Blog

I laughed when I read this paragraph: ‘The FOS is funded by a mixture of case fees and an industry levy. It is currently consulting on introducing a supplementary case fee from April of £350, on top of the standard case fee of £500, for each PPI complaint where...

Today’s Blog

Will someone please explain the difference between tax avoidance and tax evasion to the Deputy Prime Minister? Tax avoidance is lawful. If you want to stop tax avoidance you change the tax law. I am very disturbed by the quote in this article ‘”general...

Today’s Blog

I am delighted to read that the Safe Homes Income Plans (SHIPs) may open its membership and become a trade bodies for all of those who are interested in the Equity Release industry....