Trade & Economy

/Trade & Economy
18 08, 2023

The illusion of UK financial stability – why the new Bank of England payment system fell over (just like the old one)

Trade & Economy|

By Bob Lyddon – 4 minute read – The Bank of England's newly-unveiled CHAPS system went down for several hours on Monday – It’s time to face reality: the UK lacks a main pillar of financial stability.

14 08, 2023

Jeremy Hunt should be aware – the Financial Conduct Authority has ‘form’ in supporting de-banking

Trade & Economy|

By Bob Lyddon – 3 minute read – The FCA has written to 30 or so institutions regarding the debanking of customers. While promising, it cannot obscure the FCA itself has ‘form’ in enabling de-banking in the past.

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