Commentaries

Now watch banks slither round the bonus curbs

September 18, 2009

Marcus Agius, the immensely wise chairman of Barclays, told a Spectator conference this week that his board paid “as little as we can get away with” to the hotshots under his command, but that to get the best, he had to pay the going rate.

Yep, the banks really are gouging their customers

August 11, 2009

Michael Saunders will get no thanks from his employers at Citicorp for pointing out how UK interest rates have swung dramatically against the borrower over the last two years.