I’ve just posted on Tim Bush’s claim that the application of International Financial Reporting Standards in the UK left the accounts of UK banks so
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UK bank accounting rules ‘fatally flawed’
There’s a long article in the Telegraph this morning under the above title. The article refers to the work of UK chartered accountant Tim Bush
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Extraordinary
On Tuesday I wrote a brief note about Barclays being fined for breaches of US sanctions legislation. I asked a simple question: Does banking have
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Where there’s muck there’s……
The FT notes: Barclays has agreed to pay $298m to US authorities to settle investigations relating to transactions that the bank facilitated between countries facing
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Mo’s Law
I have already written today on the subject of banking. I’m far from alone in being concerned about the issue. I think people are bemused
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What’s needed to get SMEs going again
The government is obsessed that banks are not lending to the UK’s small and medium sized enterprises. Banks claim it is not their fault: they
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Business against tax havens – and Goldman Sachs
From the excellent report “Unfair Advantage: The Business Case Against Overseas Tax Havens” produced by a new US group called Business and Investors Against Tax
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Not to be trusted in the private sector
From Bloomberg: British authorities have fined the Royal Bank of Scotland 5.6 million pounds ($8.9 million) for failing to follow rules designed to prevent banks
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End legal loan sharking now
From the letters page of the Guardian this morning: We write with growing concern that the UK has one of the highest levels of personal
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