Money, Money, Money
I see Alistair Darling is ready to hand over up to £5bn of taxpayers’ money to the part-nationalised Lloyds Banking Group in order to shore up its finances. If there is one thing guaranteed to make me more angry than incompetent politicians – it is incompetent politicians and incompetent bankers working together to rip [...]
August 21, 2009Money Money Money
I think I have just qualified as a foreign currency dealer. Maybe I should be earning millions by looking intense and shouting on the phone. Until this morning I had no idea just how much money I have made in foreign currency this year. Owing to the strength [...]
August 15, 2009Banking in the headlines - again
Not too long ago, nobody paid any attentions to banks. They were dull institutions that were so uninteresting that nobody mentioned. We even thought they were as safe as houses. How different things seem now. The last week has seen banks make the headline news three days out [...]
July 15, 2009Do we really need credit cards?
Today I decided that I don’t need my credit cards. They are chopped up and gone. You heard it here first! Now that the bank interest rates have gone so low you are effectively choosing between nothing much at any of the banks. There is surely no point at all in buying [...]
July 7, 2009Money is off abroad
Sorry but I am not in a good mood today. You can blame my savings statement. It arrived in the post this morning – and surprise, surprise, it was not very interesting in more ways than one. What CAN you do with your current account in this mother of all recessions? [...]