Diligence where it's due

Bolton, Michael
May 2009
Money Marketing;5/21/2009, p35
In this article, the author discusses the impact of British government's negligence in the financial services industry in Great Britain. He says that the government cannot permit anymore banks to fail for of a systematic banking collapse. He also states that government can no longer control big institutions, thus, banks will rise of fall based on their own individual performance.


Related Articles

  • What happens when the money runs out?  // New Statesman;10/13/2008, Vol. 137 Issue 4918, p18 

    In this article the author comments on the global financial crisis of 2008 as it unfolded in Great Britain. He suggests that banks and other financial institutions have lost the confidence of the general population and that there is a possibility that the British government could lose the...

  • We are entitled to ask for decisions to be made in the public interest. Coyle, Diane // New Statesman;12/15/2008, Vol. 137 Issue 4927, p30 

    In this article the author discusses the fact that the British government is a major shareholder in some of the countries most prominent banks and financial services organizations. She advocates for the government to be part of all decision making at financial institutions as it has a duty to...

  • UK to increase regulation on banks. Steeves, Rich // Inside Counsel (SyndiGate Media Inc.);6/8/2015, p1 

    The article reports on the passage and enforcement of the UK Bribery Act, which is part of the British government's intensified initiatives to regulate corporations including banks to curb corruption, which comes after the London Whale scandal and the massive fallout to manipulate the London...

  • Steve Webb slows pace of small pot reforms. Selby, Tom // Money Marketing (Online Edition);6/14/2012, p11 

    The article reports that the Great Britain government has slowed down reforms of small pension pots following concerns voiced by providers about the potential risks of radical changes. Providers warned that the proposed pot follows member system could see people switched into inappropriate...

  • The guide divide. Lakey, Alan // Money Marketing;7/17/2008, p27 

    The author reflects on the enormous political changes in Great Britain. He argues that these changes are manifested at the Labour regime which is the dismantling of the country's personal financial services markets. He added that the citizen who fail to purchase advice are the people who will...

  • The bankers cannot believe their luck: the disgrace of the political class has become their salvation.And lax regulation has left taxpayers vulnerable to the irresponsible excesses of the greedy money men. This is what must now be done... Cable, Vince // New Statesman;6/29/2009, Vol. 138 Issue 4955, p22 

    In this article the author considers the greed manifested by banks and by the financial services industry in Great Britain. A political scandal involving British members of parliament distracted public attention away from the banking and financial sectors which were under scrutiny as a result of...

  • Politics poses the biggest risk to banks. Blackmore, Nicole // Money Marketing;2/4/2010, p16 

    The article reports on the effect of political interference as the greatest risk encountered by the banking industry in Great Britain.

  • Govt payouts to Equitable Life policyholders hit £800m. Dale, Samuel // Money Marketing (Online Edition);1/22/2014, p5 

    The article reports that the Equitable Life Payment Scheme has paid compensation to about 1,400 policyholders per day between August 2013 and December 2013. According to a report, the British government has paid 816 million pounds through the scheme to 717,600 policyholders. The compensation...

  • Light relief. Jelley, Colin // Money Marketing;7/9/2009, p44 

    The article reports that the Budget has introduced alterations to the tax relief available on pension contributions in Great Britain. It is said that the British government will reduce higher-rate-tax relief available on pension contributions. It is also stated that the government calculates an...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics