Tag: bank bonuses

Online banking to become the norm by 2015

Online banking to become the norm by 2015

By 2015 bank customers will use digital banking more than they use branches according to ‘The New Digital Tipping Point’ report from PricewaterhouseCoopers. The survey, of 3000 people in nine countries, suggests that customers are willing to pay up to £10 a month for online banking if they receive convenience and added-value services. These could [...]

January 16, 2012 | 0 Comments More
Coalition Government to crackdown on unfair bank charges

Coalition Government to crackdown on unfair bank charges

The new coalition Government is to introduce measures that will see an end to “unfair” bank charges, as well as excessive interest rates on credit cards. The measures, part of new policies that are being introduced by the Con-Lib Government, comes after a legal battle between the banks and the Office of Fair Trading, which [...]

May 20, 2010 | 0 Comments More
FTSE 100 bosses see fall in bonuses

FTSE 100 bosses see fall in bonuses

FTSE 100 chief executives have still received sharp increases in their salaries despite the recession, according to pay analysts, Incomes Data Services (IDS). Over the last 12 months, the top bosses at the top 100 companies saw average salary rises of 7.4% - many times the rate of inflation. However, IDS said bonuses have fallen [...]

October 26, 2009 | 0 Comments More
UK bank bonuses to rise despite bailouts

UK bank bonuses to rise despite bailouts

According to the Centre for Economics and Business Research (CEBR), City bankers will receive an estimated £6 billion in bonuses for this year, compared with £4 billion for 2008. The estimate comes despite public outrage against bonuses after a year of multi-billion pound bailouts within the banking sector. However, the CEBR did point out that [...]

October 21, 2009 | 1 Comment More