Story by: James Redgrave, Financial Adviser
Governor believes measures can only reduce the blow of a failing bank, not prevent it completely
The average person's savings that would only last 52 days if they were unable to work, research from Yorkshire Building Society has revealed.
Advertising
Just like the physical world, in the world of finance every action causes an equal and opposite reaction, so for every investment loss in the economy there is an equal and opposite gain somewhere else
Of late there appears to have been an absolute deluge of programmes on ITV and the BBC about the credit crunch. The latest one consisted of Martin Lewis helping consumers source the best deal with great words of wisdom such as "shop around" and "seek advice".
Product review
The former chief executive of a leading high street bank has launched a scathing attack on non-executive directors who he claimed do not understand the banking industry.
Search Financial Adviser archive
IFAs have a huge body of clients looking for income, whether it be to add to existing substantial capital or raise money for a specific need.
Location: Eastbourne
Salary: Salary to £35,000 plus ongoing bonuses
Location: Berkshire
Salary: £25000 - £30000 per annum
Location: Buckinghamshire
Salary: £40000 - £60000 per annum
Britain is going through one of its occasional schrizophrenic moments – or at least politician...