Barclays Bank make £ 11 600 000 000 profit.

[Uncle Spielberg]

And this lack of lending applies to Barclays as well as the bailed out banks.

 

[Easy 10]

Vince Cable - The Voice of Reason.
If only he was in an electable party, what a Chancellor he would make.

 

[beorhthelm]

Vince Cable not quite so gushing in praise for the banks as the concensus on NSC it would appear.

Vince Cable talks a good fight, but what is his actual policy to make banks lend? here's a thought, maybe they arent lending for a reason? what is he proposing to address that underlying concern? or are they suppose to, as some wacky "prudent" jock suggest a year ago or so, simply return lending to pre-crash levels (that was good idea, d'oh).

i dont have the answers, but seems politians aren't even asking the questions. thats why we got here in the first place.

 

[User removed 4]

Vince Cable - The Voice of Reason.
If only he was in an electable party, what a Chancellor he would make.

Vince cable is overrated , he's a bandwagon jumper who latched onto issues far too late to warrant the demi god status he is afforded.

 

[Easy 10]

Vince cable is overrated , he's a bandwagon jumper who latched onto issues far too late to warrant the demi god status he is afforded.

"Is not the brutal truth that the growth of the British economy is sustained by consumer spending pinned against record levels of personal debt, which is secured, if at all, against house prices that the Bank of England describes as well above equilibrium level ?"

V. Cable to G. Brown, House of Commons, November 2003

 

[User removed 4]

"Is not the brutal truth that the growth of the British economy is sustained by consumer spending pinned against record levels of personal debt, which is secured, if at all, against house prices that the Bank of England describes as well above equilibrium level ?"

V. Cable to G. Brown, House of Commons, November 2003

And your point is ?? Anyone with even a rudimentary grasp of economics had arrived at that conclusion before then , i'd certainly rather have him than darling but i think the public have been so starved of any sort of inspirational politician that they are willing to elevate to exalted status anyone who seems even half way competent.

 

[Billy in Bristol]

Had an interesting (but you'll be the judge of that) conversation with he head of Barclays Wealth regarding a largely token £25 per person from their planned bonus going towards the funding of the nation's elite athletes.

See About Us / BAC s elite athletes and we would have been using similar products as the Invitation Book

So for just 0.013% of the average bonus of £191,000 per person a bit of good kudos and PR would have been generated.

It was however rejected with a very haughty 'I am not giving my staff bloody vouchers,' kinda missing the PR point about setting an example to all businesses.

Luckily two high street banks are still on the case, and next time we are going back with Champagne...honestly!

 

[User removed 4]

Had an interesting (but you'll be the judge of that) conversation with he head of Barclays Wealth regarding a largely token £25 per person from their planned bonus going towards the funding of the nation's elite athletes.

See About Us / BAC s elite athletes and we would have been using similar products as the Invitation Book

So for just 0.013% of the average bonus of £191,000 per person a bit of good kudos and PR would have been generated.

It was however rejected with a very haughty 'I am not giving my staff bloody vouchers,' kinda missing the PR point about setting an example to all businesses.

Luckily two high street banks are still on the case, and next time we are going back with Champagne...honestly!

That might have something to do with barclays Wealth sharing a building with the olympic delivery authority and constantly having to listen to them boasting about how much money they are spunking on cab rides and unnecessary junkets !!


ps my firm shares the building with them as well.

 

[Common as Mook]

That might have something to do with barclays Wealth sharing a building with the olympic delivery authority and constantly having to listen to them boasting about how much money they are spunking on cab rides and unnecessary junkets !!


ps my firm shares the building with them as well.

BGC partners?

 

[Easy 10]

And your point is ?? Anyone with even a rudimentary grasp of economics had arrived at that conclusion before then , i'd certainly rather have him than darling but i think the public have been so starved of any sort of inspirational politician that they are willing to elevate to exalted status anyone who seems even half way competent.

His was something of a lone voice in Parliament during Gordons much vaunted "no more bust" years though, as the government and the City mutually fellated each other at how swimmingly everything was going back then. Cables unpalettable truths were dismissed and brushed under the carpet. Looking back in hindsight, what Cable was saying was hardly rocket science, you're right in that respect.

But he was the only politician over here saying it, while everyone else just enjoyed the gravy train.