Until the meltdown at NatWest last month, most of us no doubt took it for granted that our salaries would automatically appear in our bank accounts, direct debits would be paid on time and we could withdraw our own money from a cashpoint when we needed it
In the Soviet era, children were recruited to inform on their parents. While we support HMRC in its reasonable efforts to manage the tax system, recruiting children in to a Stasi-style venture might, we suggest, be going a little too far.
Peter Sands, the chief executive of Standard Chartered and until last week the High Priest of banking virtue, must be wondering what he's done in a previous life to deserve the attentions of Benjamin Lawsky.
In this Perspective Ruth Lea, Economic Adviser to the Arbuthnot Banking Group, discusses, firstly, the Bank of England’s latest, gloomy, downgrades to their GDP forecasts and, secondly, trends in Britain’s trade figures.