Ever since the recession began, the public has been falling out of love with banks. Barclays' recent announcement of £11.2 billion profits has once again brought the various issues with the conduct and profitability of banks to the forefront of public conscience. But what can you do if you are tired of giving banks your money, tired of huge banking bonuses and ultimately wish to burn your bri...

A group of 48 charities and trade unions has been formed to provide backing to the introduction of a new ‘Robin Hood’ tax on the banking system. The tax, supported by Comic Relief, Save the Children and Oxfam amongst others, would consist of 50p on every £1,000 of trading by the big financial institutions. The 0.05% tax would be a tax on banking transactions rather than earnings, ...

The ramifications of the recession are going to go on for a long time in the banking sector, even if the recession has officially come to an end. Now RBS and Lloyds are being criticised once again, but this time it is not bankers’ bonuses that are causing concern, but their lack of lending. Both banks have a combined legal target of £39 billion that they must lend by the end of Febr...

According to recent research carried out by card protection specialists, CPP, the Welsh capital is now Britain’s number one card fraud hotspot. Cardiff has stolen this dubious accolade from London, knocking it into second position. Numbers 3, 4 and 5 on the black list are Norwich, Southampton and Leeds. Other cities featuring in the Top 10 ...

The Bank of England has just announced an end to the practice of quantitative easing, where excess cash is printed off and injected back into the economy. It has been surrounded by controversy since it began, but it was seen by many experts as the only way to stimulate the economy when it was failing to react to the lower interest rates. The quantitative easing programme has seen £200...