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A new Big Bang for the City? That is the way the ideas outlined last week by John Glen MP, Economic Secretary to the Treasury, for a new more competitive and agile regulatory framework have been greeted.  For anyone familiar with the renaissance of London following the reforms of financial regulation in 1986, it is … Read more

Downing Street was totally mesmerised by Softbank chief Masayoshi Son when he was invited into the inner sanctum and encouraged to buy Cambridge-based Arm Holdings in 2016. The deal was portrayed as a vote of confidence in Britain and the five-year pledge to support research and development, and jobs in the UK, taken at face … Read more

JEFF PRESTRIDGE: Guess who is raking in fat profits as interest rates rise? The banks failing to pass it on to savers By Jeff Prestridge for The Mail on Sunday Published: 21:53 GMT, 5 February 2022 | Updated: 09:46 GMT, 7 February 2022 Higher interest rates are a double-edged sword. In theory, borrowers lose while … Read more

In the aftermath of the financial crisis, the European Central Bank (ECB) led the way in raising interest rates to combat inflation. It then reversed itself as Greece threw the whole euro area into paroxysm. This time around, in spite of agitation from Germany among others, the ECB’s president Christine Lagarde is choosing to look … Read more

JEFF PRESTRIDGE: FCA staff threatening industrial action over cost cuts and bonuses – would we notice if watchdog strikes? By Jeff Prestridge for The Mail on Sunday Published: 21:52 GMT, 29 January 2022 | Updated: 21:52 GMT, 29 January 2022 I was somewhat amused to learn that staff at the august Financial Conduct Authority are … Read more

The money bubble bursts: Britain’s economy faces a double whammy of higher rates and higher taxes, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 22:24 GMT, 27 January 2022 | Updated: 00:02 GMT, 28 January 2022 Andrew Bailey was the first central banker out of the blocks when the Bank of England … Read more

JEFF PRESTRIDGE: Inflation in a low interest rate environment is a financial nightmare for cash savers, so banks must help them out By Jeff Prestridge for The Mail on Sunday Published: 21:52 GMT, 22 January 2022 | Updated: 09:21 GMT, 23 January 2022 Inflation in a low interest rate environment is a financial nightmare for … Read more

A faked bump in Waitrose car park… and then my bank and credit cards were gone: MAGGIE PAGANO on how her bank helped foil fraudsters Until recently, most fraud losses came from stolen payment cards  But lockdowns have stopped criminals getting the cards The focus has shifted to what’s called authorised push payment fraud  Cracking … Read more

HAMISH MCRAE: The tidal wave of free money that the central banks have created is coming to an end By Hamish Mcrae, Financial Mail On Sunday Published: 21:51 GMT, 8 January 2022 | Updated: 08:42 GMT, 10 January 2022 Two things happened last week that will help shape financial markets this year.  Both happened in … Read more

Britain needs a break: This year will be a rough ride for millions… Government has a duty to help, says BEN WILKINSON By Ben Wilkinson for the Daily Mail Published: 23:22 GMT, 4 January 2022 | Updated: 00:22 GMT, 5 January 2022 The fate of the Government this year could well be determined purely by … Read more