......to push through a disastrous takeover

A secret series of letters has revealed watchdogs' frantic efforts to push through a disastrous takeover of HBOS bank as the financial crisis raged. Lloyds bought the tainted lender in a 2008 mega-deal but HBOS was so toxic it almost destroyed...

All now SB and Defaults gone.

This is a note to let those at the start of the journey and those en route know that there is an end to the misery. It is not pleasant or easy but it does end.

No fault and no blame, but a crisis left me in a real mess. I am now resigned to...

I had visited this site on many occasions.
Like so many my problems started with the Banking crisis. I was self employed and the money simply dried up. Cards were like confetti.
In 2011 the Bank stopped paying essential Bills and cancelling Direct Debts. In April 2012 I bit the bullet and...

Volkswagen has announced that nearly 1.2 million of its vehicles sold in the UK are fitted with the software behind the emissions scandal.


It includes diesel-powered cars with the VW brand, Audi, Seat and Skoda as well as VW commercial vehicles.


More ---->...

Virgin Money’s chief wants the regulator to draw a line under PPI crisis

This is a duplicate of the Blog Entry made on 2nd August 2015 08:21.

*Challengers banks want watchdog to focus on competition, not fines, and let the sector get back to lending* The next boss of the...

A man has been killed as at least 1,500 migrants tried to enter the Channel Tunnel in Calais on Tuesday night, French police have said.


Eurotunnel says no freight services are running as migrants are still at the Channel Tunnel site at Coquelles.


More ----->...

Map of benefit sanctions shows cruelty, says homeless charity

This is a duplicate of the Blog Entry made on 10th March 2015 11:59.

*A benefits sanction map of the UK shows how claimants are being treated with cruelty, according to the homeless charity Crisis. * It said the......

Average household incomes are back to where they were before the financial crisis, according to research by the Institute for Fiscal Studies (IFS).


However the think tank also found that incomes for working age people were still below their 2007-08 level, after adjusting for the...

Bank of England 'puzzled' by productivity gap

This is a duplicate of the Blog Entry made on 16th June 2014 11:46.

*The Bank of England says productivity is 16% below its pre-crisis trend - but says it is at a loss to understand why.* Its latest quarterly...

Click...

UK floods: PM says money 'no object' in relief effort

The prime minister has promised that money will be no object in the flood relief effort.
David Cameron warned there was no sign of the threat ending, saying: "Things could get worse before they get better."
...

Have been monitoring this for the past couple of days after reports coming in from twitter it seems that there is a cash flow problem that could turn out to be another global banking crash imminent.

It is ironic that it is not being reported on the main news channels.

http...

Debt crisis will hurt millions, says think-tank

This is a duplicate of the Blog Entry made on 29th December 2013 15:32.

*Millions of UK households will face "perilous" levels of debt when interest rates begin to rise, according to a think-tank focused on living......

Co-op Bank ex-boss Paul Flowers 'filmed buying drugs'

This is a duplicate of the Blog Entry made on 17th November 2013 19:07.

The former Co-op Bank chairman has apologised after a newspaper claimed he bought and used illegal drugs after appearing before a committee of MPs.......

US borrowing crisis 'days away' from danger, says World Bank head

This is a duplicate of the Blog Entry made on 13th October 2013 12:09.

The president of the World Bank, Jim Yong Kim, has warned that the United States is just "days away from a very dangerous moment"...

Syria: Regime 'Ready To Retaliate' To Strike

Russia warns the US against launching an attack on Syria as UN weapons inspectors leave the country, paving the way for strikes.


Read more-----> http://news.sky.com/story/1135350/sy...taliate-to-str...