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Bank bashing is the country's favourite sport but were greedy company bosses as much to blame for the bad loans?
Here we go again. This week has seen a fresh round of HBOS-bashing after Lloyds revealed a £13.4bn hit due to bad loans – 80% of which came from HBOS.
Most of that 80% would have been the responsibility/fault of former head of corporate banking Peter Cummings, the man no journalist has successfully tracked down.
Read more at citywatch.building.co.uk
Deal is due to be signed in six to eight weeks after period of legal due diligence
Housebuilder and contractor hopes ‘great relationship’ will persuade bank to favour it as buyer
Financial Services Authority is due to report on multimillion-pound loans agreed by HBOS exec to the property and housebuilding sector
Firm rejigs costs and commercial division
Restructuring specialist RSM expected to take over running of company set up in 1966
The policy has the potential to unlock land to build hundreds of thousands of new homes
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