Bank of England drops UK interest rates by 1% to 2% lowest since 1951
The Bank of England has cut the base rate by one percentage point, from 3% to 2% - the lowest...
Archive
4 Key Takeaways from Today’s Beige Book Report (Hint: They’re Not All Bad)
The Federal Reserve just released the December 2008 Beige Book which is a review of the current economic conditions. And...
Gordon Brown unveils UK mortgage help plan
People facing repossession in the UK will be able to defer part of their mortgage interest payments for up to...
Queens Speech to include statutory code on bank lending for UK banks
Reports (or should that be leaks) suggest the Queen's Speech on Wednesday will include a new statutory code of conduct...
Social Networking for Banks: The Missing Link Will Stay Missing
There has been a lively debate on both sides of the Atlantic in recent days on the prospects of social...
Pressure mounts in UK on banks to start lending
Imagine for one moment that your friend owned a bank. He has made some really stupid loans and paid himself...
Will Bank-Branded Gift Card Sales Rise?
The recession will prompt consumers to make more “practical” holiday purchases. “Practical” purchases mean the gift of branded gift cards,...
Credit Spreads Remain Stubbornly Wide
OK, so we are officially in a recession -- not that it matters much. What matters is we are still...
In Memorium: Tanta
Doris Dungey, who blogged at Calculated Risk as "Tanta," died yesterday at the age of 47 of ovarian cancer. Here...
UK Government completes injection of GB£15bn (US$ 24bn) into Royal Bank of Scotland ends up with 58% of capital
Banks are going cheap these days. Just over a year after Royal Bank of Scotland (RBS) bought ABN Amro for...
