Mervyn King said yesterday the UK was facing the biggest crisis since the 1930s, if not ever. This morning twelve UK based banks had their
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Has the Isle of Man fallen in love with the Tax Justice Network?
Some secrecy jurisdictions have got very upset with the Tax Justice Network about its new Financial Secrecy Index. Jersey, Luxembourg, Cayman and the UK are amongst those
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The tea party will be over – the time for mass demonstration is arriving
Howard Reed is a man who’s judgement I trust. He’s written on this blog this morning, in response to my comments on RBS almost certainly needing another
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Cutting through the crap – Moody’s think UK banks are deep in the proverbial
Moody’s rating agency has just reported: Moody’s Investors Service has today downgraded the senior debt and deposit ratings of 12 UK financial institutions and confirmed
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The UK signs its pernicious Swiss tax deal
From the Treasure Islands blog: a short article as an immediate reaction to the UK-Swiss tax deal. A much longer article, complementing this, will be posted
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RBS bail out: oh no, not again. This time nationalise
The FT warns this morning that there are widespread fears the the government will have to bail out RBS, again. RBS passed the so-called European stress test in
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Richard Murphy
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