Tag Archives: hbos

Shock Robert Peston news: he’s human and fallible

Although Robert Peston has recently been criticising HBOS for the behaviour that led to it running up massive losses, a look through his book published as recently as last year shows him repeatedly praising HBOS for some of the very actions that are now being criticised.

For example, in late February, Robert Peston wrote on his BBC blog that,

For all the criticism of the alleged excessive risks taken by HBOS’s mortgage department – as per the charges levelled at the bank by its former head of regulatory risk, Paul Moore – the most reckless lending and investments were made by

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Recent Comments

  • Caroline
    Thank you for highlighting this Colin, Brits overseas are huge in number (5 million) and from experience they are overseas for many reasons and from many wal...
  • Nonconformistradical
    @David Evans "but presumably most of them are getting by OK or they would have come back" That presupposes they can afford to come back. Many retired to overs...
  • David Evans
    In response to Colin's Response 1) Yes not *all* Brits overseas are ‘rather well off’. But a large proportion of them are. 2) As you say there are "hal...
  • Nonconformistradical
    And apart from the overseas retirees with frozen pensions there may be quite a number of overseas residents distinctly cheesed off over Brexit....
  • Brad Barrows
    Unfortunately not as balanced a perspective as we have come to expect. No mention that the disbanding of the Warsaw Pact led to NATO deciding to expand its memb...