Mervyn King’s Today Programme Lecture, delivered last night, has rattled a few cages. It’s not hard to see why. For one, the soon to be ex-governor’s tone would be more suited to a wise elder statesman than a figure who has been, and remains, at the heart of the defining economic e... Read more

It’s hard to justify Fred Goodwin retaining an honour for services to banking when those services resulted in a direct cost to the taxpayer of £45 billion. Goodwin, the forfeiture committee points out, was the main decision maker at a time when disastrous decisions were taken.  But ... Read more

Both the Liberal Democrats and the Conservatives will claim credit at the next election for the banking reform that was announced today. The reforms, they will argue, will prevent casino banks gambling with taxpayers’ deposits. This is important for the Conservatives, keen to demonstrate they ... Read more