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The FSA Ban & Fine of Former HBOS Director
The FSA has received a lot of media attention for fining and banning Peter Cummings from holding a senior position at an FSA regulated company. In a capitalist system some businesses will take higher levels of risk with the aim of earning higher returns. The question...
Tesco Shaking Up The Best Fixed Rate Mortgage Market
I am pleased Tesco Bank has come into the mortgage market. The new 2 year fixed rate mortgage could be one of the best fixed rate mortgage deals out in the market. I hope Tesco and other Supermarket groups really shake things up with some new competition.rnrnThis...
Quantative Easing & Savers & Annuity Purchasers
I am very hostile to any further quantative easing. The alleged benefits from expanding the money supply has over the last few years have been short lived as the commodity prices have risen which has chocked off any recovery in the developed world. The inflation which...