In 2007 more than ₤15 billion was paid in bonuses to bank staff in the UK at a time when some were lending too much and marching their respective businesses into unchartered waters.
Now, the British Government has announced a review of banks and the way bonuses are …
The global financial crisis has highlighted the flaws in the financial system and has spread around the world, from market to market from sector to sector with the increasing swiftness of a locomotive running down a hill.
Indeed, the size of the problem is so vast that it’s …
Japan is a real case example of how bad things can get when sentiment turns from positive to negative and stays negative, and why the world should be looking at it closely in these times of financial woes.
Many in the West have accepted recession now as a given, …
A quarter of local authority pension funds in Britain have been impacted by the collapse of the Icelandic banking, the demise of Lehman Brothers and the part-nationalisation of some major UK banks, a new CoreData Research UK study has found.
Meanwhile 80% of trustees (representing more than ₤50 billion …
The late Milton Friedman must be turning in his grave as he watches Governments around the world wantonly pumping money into their respective economies and, in some cases, rewarding poor management.
The US Federal Reserve has ceased counting M3 (the total money supply in the economy), the Australian …
For independent financial advisers (IFAs) in the UK, the credit crunch, or the global financial crisis as we must now call it, is not the greatest challenge facing their businesses.
According to research carried out by CoreData Research UK in September, more IFAs see regulatory reforms endangering the …
