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No bonuses as RBS bows to pressure

Royal Bank of Scotland has bowed to government pressure and conceded there will be no bonuses or pay increases for staff associated with the losses suffered in 2008.

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Blame Brown, don’t bash the bankers

While I won’t claim to have watched the full three hours and 15 minutes of last week’s Kangaroo Court – sorry, I mean the Treasury Select Committee’s grilling of the naughty bankers from HBOS and Royal Bank of Scotland – I watched enough to get annoyed.

Mortgage activity sees slight increase in January

Mortgage approval activity for January increased slightly to £7.6bn but fell almost 60% from the same time last year, figures from the British Bankers’ Association reveals.The January figure is up from the £7.3bn recorded for approved mortgage loans in December, but is markedly down by 59.4% from the previous year.House purchase loans were up marginally […]

MPs call for tougher sanctions for lenders who repossess

Lenders that repossess too quickly should face tough sanctions from the government, a government committee has recommended.A report from the Communities and Local Government Committee entitled ‘Housing and the Credit Crunch’ argues that lenders’ attitudes and behaviour towards repossession should be closely monitored by government.MPs are calling for more effective sanctions for lenders that do […]

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What employers should expect over the next five years

A major feature of our articles is looking into the Jelf Employee Benefits crystal ball to predict changes and trends that may influence the short and medium term shape of UK employee benefits.  By flagging such changes early we aim to provide our followers with the tools to make sensible and informed decisions on their benefits offerings.

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