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Lloyds Banking Group must reflect on poor decisions
On pretty much every level, share price, turnover, profitability, shareholder return, customer satisfaction, public perception and actually bothering to turn up to work, let’s face it, the Group Chief Executive of Lloyds Banking Group, hasn’t had a great 2011. It’s the right decision that he has chosen not to take his bonus this year. But [...]
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Clegg’s share plan just doesn’t stack up
On the face of it, Nick Clegg’s idea for everyone on the National Insurance register to receive shares in RBS and Lloyds, is a good one. The government owns 83% of RBS and 41% of Lloyds. Why not allow those who invested in these failing institutions a piece of the action? As soon as you [...]
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