June 2015 - Greg Vaughan

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Monthly Archives: June 2015

What to do with Greece?

The Greek crisis rumbles on, with no agreement on a long term solution. Greece has suspended its latest payment to the IMF to the end of this month, which is technically possible but highly unusual. The sort of countries to

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Lloyds fined £117 million

Lloyds Bank has today been fined £117 million by the Financial Conduct Authority (its regulator) for failing to deal fairly with PPI complains in the period March 2012 to May 2013. This comes as no surprise to me at all.

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A good day for one client….

Some days are better than others in this line of work. Some days are spent on endless and frustrating telephone calls to banks and insurers, trying to further client cases. And then there are days like today. A client called

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Charles Kennedy

Very sad to hear of the news of Charles Kennedy’s death today. He always struck me as a very decent man with the best interests of his constituents at heart. I never got the impression that he was in politics

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The EU referendum

Increasingly, it looks like David Cameron is going to ask the EU for very little in his negotiation. Setting the bar so low will enable him to claim he’s won all his “red lines” and the country should therefore vote

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Lloyds shares….

Interesting to see today that the Government is planning on selling more of its stake in Lloyds Bank. To my mind, this would be a mistake at this time. Lloyds is the biggest retail bank in the UK, with the

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