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Chancellor: We have completely won the argument on austerity
April 21, 2012 7:51 pm 18 Comments
"I am not in, as the chancellor of the exchequer, a daily opinion poll contest and a daily popularity contest. I will tell you what I am engaged in. A daily contest with the rest of the world to make Britain competitive to bring jobs to Britain."
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Euro-bazooka disarmed, here comes new Euro-bazooka 2.0
December 7, 2011 7:02 pm 11 Comments
Channel 4 News Economics Editor Faisal Islam says the European Financial Stability Facility bailout fund is being "quietly forgotten" in favour of the European Stability Mechanism.
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The question for 2011: what price keeping HSBC & Standard Chartered headquartered in Britain?
March 7, 2011 8:08 am 9 Comments
Faisal Islam assesses what the true cost will be if major banking institutions start to flee UK shores.
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The bankers bite back
January 28, 2011 5:02 pm No Comments
Faisal Islam blogs from Davos on the day that the bankers fought back.
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Bank of England’s home truths for savers
September 27, 2010 1:12 pm 13 Comments
Prudent savers are being sacrificed at the altar of feckless spenders - at least temporarily - and that is how it has to be in the current financial climate, the Bank of England's Charlie Bean tells Economics Editor Faisal Islam.
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The Irish and their ‘austerity death spiral’
September 23, 2010 7:10 pm 4 Comments
Faisal Islam blogs about the shrinking Irish economy, and the warning signals it's sending the Treasury.
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Lloyds’ hard-won confidence is essential
August 4, 2010 12:59 pm No Comments
At the top of Lloyds Towers the superlatives were being spread about liberally. Chairman Win Bischoff said that he was "immensely proud for having achieved profit". Chief executive Eric Daniels was "delighted" that the government now has "optionality" on when to sell its 42 per cent stake, now that the share price was up above its 63p purchase price.
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So have the banks won?
November 25, 2009 7:30 pm No Comments
Faisal Islam blogs on the day the Supreme Court bank charges ruling. Is this it then?
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Volcker and Blankfein on 'too big to fail'
September 25, 2009 6:11 pm No Comments
Former Federal Reserve chairman Paul Volcker and Goldman Sachs CEO Lloyd Blankfein on the wisdom of allowing big banks to fail.
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Where now for the Tory defenders of the City?
September 4, 2009 2:05 pm No Comments
About two years ago I met one of the top British bankers and asked for an opinion on Brown/Darling vs Cameron/Osborne. I was shocked to hear his scepticism about the Tory business policy versus the government. To be clear, this was Brown at his absolute peak, still ahead in the polls, just before Northern Rock [...]

