I haven’t seen or heard of Mystic Meg for years but I was reminded of her this week when I read the various predictions about where base rates would move over the coming years.  One prediction I saw was that BBR would stay at 0.5% for the next five years another said rates would be at their ...

The FSA’s paper on new liquidity requirements was published last week and I have no doubt that the impacts of the new rules will be far reaching.  Given that the banks’ management of liquidity was a major contributor to the global financial rollercoaster we experienced last year, it makes a ...

Labour’s fixation with banker’s bonuses makes no sense to me whatsoever. How can tinkering with the bonuses of a few very well paid individuals make the next financial crisis less likely? This whole episode sounds like political sound bites from a party that has conceded that it has lost the ...