Banks face credit card payouts in fresh mis-selling scandal – FT.com

If you have ever had a UK credit card, this is a must-read FT article because UK banks are putting aside further billions of pounds to provide for compensation.

via Banks face credit card payouts in fresh mis-selling scandal – FT.com.

Let’s face it, UK banks make too much profit. Their staffs are interested in themselves and service and quality are subordinated. But there’s a powerful banking lobby which is stopping banks from being broken up.

Surely it’s time for The European Union to take a hard-look at UK banks’ service, quality and competition?

Thoughts?

Jeremy Corbyn is no monster. He might even be the saviour of the Labour party – Mary Riddell – Telegraph

Jeremy Corbyn

Jeremy Corbyn (Photo credit: Wikipedia)

For me Mary Riddell is an excellent example of what’s wrong with the quality of journalists in the UK’s mainstream media. Check it out!

via Jeremy Corbyn is no monster. He might even be the saviour of the Labour party – Telegraph.

When I was young and naive, I thought that newspapers reported the evidence fairly and dispassionately and editorials were the place for biassed opinions. It’s rather quaint really.

Whenever, I read Mary Riddell’s articles, I get the impression that she starts with a headline and then concatenates unrelated evidence, with no cohesive thread. The goal simply is to shock.

Thoughts?