Author Archive

Car insurers accused of giving false costs data

The government has been urged to fast-track the establishment of a national insurance claims database after concerns were raised over the reliability of data provided by insurers to the Central Bank.
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Insurers in threat to quit ‘flawed’ Irish market

Insurance companies repeatedly warned senior government ministers that they could withdraw from the “flawed” Irish market while premiums continued to soar.
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Ex-Barclays trader pleads guilty in forex case

A former Barclays currency trader has become the first individual to plead guilty to a criminal charge in a major US investigation into the manipulation of foreign exchange markets. Whilst it’s good that this currency trader was caught in the act, some other people and companies are often accused of this sort of thing wrongly. […]
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How to escape financial abuse

My daughter was the victim of domestic violence some years ago. Her former partner received a suspended sentence in 2010 after threatening to kill her.
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Need extra cash? A second-charge mortgage may suit

The number of people taking out a second mortgage on their home to get some extra cash has jumped to the highest level since 2008. New data shows that 93 million in loans was taken out by homeowners in March through second-charge mortgages. A lot of people often ask: can you have more than one […]
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Want to reduce your mortgage? Offset it

Linking a savings account to a home loan may be a wise move if a buy-to-let property is only borderline profitable
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Awash in a sea of easy credit

Kudos to Jayne-Anne Gadhia, the Virgin Money boss. She confessed on Desert Island Discs at the weekend that Donny Osmond was her teenage crush and that for a long time in her career she didn’t know what a securitised loan was. Whatever next — António Horta-Osório, his Showaddywaddy thing and a difficulty with capital ratios?
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Why China is still the land of opportunity

Against the background of the North Korean threat, we assess the nation set to be the world’s largest economy
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A question of integrity: forex scandal leaves Bank fighting to save reputation

Mark Carney, the Bank of England’s Governor, will face one the sternest tests of his tenure today. He and Paul Fisher, the Bank’s executive director of markets, will appear before MPs to answer explosive allegations that the institution turned a blind eye to the manipulation of foreign exchange markets.
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