The Bank of England's MPC has voted unanimously to maintain the Bank Rate at 0.75%. Professor Roger Famer of Warwick Economics comments.
"Cash is still the most liquid form of payment" - Dr John Morris comments on NatWest's online banking problems
Technical problems have left RBS and Nat West customers locked out of their accounts today. Dr John Morris, Teaching Fellow in International Political Economy, comments on the "chink in the armour of moves towards a cashless society."
Dr Andreas Kokkinis, expert in financial regulation from the School of Law, comments on the implications of the collapse of Lehman Brothers ten years ago.
Lloyds Banking Group has set aside another £1bn to cover the cost of insurance mis-selling and the treatment of mortgage customers. Today's news comes as an additional confirmation of the extent of historical misconduct in the UK banking system and the cost it has had on customers, particularly borrowers says Dr Andreas Kokkinis
Barclays PLC and four former executives have been charged with fraud over their actions in the 2008 financial crisis. The Serious Fraud Office case relates to billions of pounds the bank raised from Qatari investors, enabling it to avoid a government bailout. Juan Gozzi Valdez, Assistant Professor, Economics briefly comments