banks

Tips For UK Savers Dealing With a Negative Banking Base Rate

LONDON - England - The Bank of England is planning a negative base rate of minus 8% so if you put your money in the bank and don't touch it, it will disappear soon enough. Here are some tips for the much bedraggled and beaten down saver to avoid this banking calamity. ... Full story

Banker Sacked For Getting a Conscience

LONDON - England - A banker, who was sacked on Tuesday for getting a sudden pang of conscience, is set to sue his former investment bank, an employers tribunal has revealed. ... Full story

Thousands Ringing Banks Asking to Only Pay Back 50% of Debt

LONDON - England - After hearing of Greece's wonderful luck in having 50% of its debt written off by the banks, thousands of ordinary customers have been ringing their banks asking for the same. ... Full story

Armed Robber Forces Local Bank to Lend

STOKE-ON-TRENT - England - Susan Benson, 34, was so desperate for a bank loan for her new flower business that she took it upon herself to acquire the loan from her local bank who had refused her a loan earlier, by robbing it. ... Full story

Bank of England to Give Everyone £10,000

LONDON - England - Mervyn King, the Bank of England's chairman, announced today, that he will give everyone in England and Wales £10,000 cash so as to kick start the ailing economy. ... Full story

Banks to Diversify by Selling Groceries

LONDON - England - Hard hit banks are finding new ways to raise cash in these hard 'credit crunch' times. ... Full story

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