City of London

  • 14 Apr 2014

    EU Russia sanctions would be a ‘balance of harm’

    Few European Union members want Russia to get away with its actions in eastern Ukraine. But the next phase of anti-Russian sanctions would involve EU countries taking a significant hit themselves.

  • 4 Mar 2013

    Beware a referendum on bankers

    Offered the chance to bash a banker, Swiss voters have gone most of the way, making Britain seem even more out of step – not only with Europe but also with public opinion.

  • 5 Feb 2013

    Banks: one step forward, many more to go

    Amid the slurry of excessive bonuses and the exploitation of unsuspecting small and medium-sized businesses, the government has had a dramatic change of heart on banking.

  • 24 Jan 2012

    Mervyn King rails against ‘small elite’ of bonus-addicts

    It is the Bank of England governor’s piercing assault on bankers that sticks in the mind from today’s important speech in Brighton. He doesnt quite join Occupy the City, but he does suggest that British capitalism’s very legitimacy is up for grabs if bankers go too far on pay.

  • 3 Nov 2009

    I must get some cash out from one of our socialist banks

    As Lord Myners admits that 70 per cent of all share dealing is undertaken by computer systems that allow a trader to hold a share for a nanosecond before selling, Jon Snow asks: is it a good thing to have achieved the socialist ideal of a nationalised RBS bank?

  • 18 Jun 2009

    King is speaking to Osborne as well as Darling

    Post-meltdown Mansion House was always going to be a little different from the traditional orgy of self-congratulation, backslapping, and an ever lighter regulatory touch. But in the end the bruising speech came from the governor of the Bank of England rather than the chancellor of the exchequer.