In the final extract from Hubris: How HBOS Wrecked the Best Bank in Britain, Ray Perman counts the costs – born by the mass casualties who were (and still are) the casualties of the world’s worst financial crash. And what happened to those at the top?
Young Fathers: touching the heart of Scottish creative diversity
Young Fathers symbolise the generous new diversity of Scotland. Celebrating the spirit of creative collaboration found in Paisley at Scottish Album of the Year Award ceremony and the launch of V&A design music in Dundee
Devolution settlement is at risk
‘The territorial politics of Brexit is a bewildering mix of ignorance, apparent disdain, confrontation, cooperation and collaboration. Rarely have the so-called devolution ‘settlements’ appeared more unsettled.’
Two new Scottish Sundays buck the trend
‘ If they are to carve out a place for themselves, these two new Sundays are going to have to do more to break exclusives that set the agenda for the week ahead – and give Scottish readers the excuse they need to change their buying habits.’
How Lloyds swallowed HBOS hook, line and sinker
‘I think the deal stinks’ said one Lloyds shareholder. ‘A lot of people will lose their jobs’, said the former Bank of Scotland CEO. No-one foresaw the full and lasting cost of Lloyds rushed takeover of HBOS in September 2008.
Scotland the good food nation? Cross-party call for SG action
‘Arguably for the first time in the life of the Scottish Parliament, there was a real debate about food’, Celia Nyssens of Nourish Scotland records cross-party unity calling on Scottish Government to deliver a Good Food Nation Bill.
Life savings lost in HBOS crash – Apocalypse Now: Part 2
Who has paid the cost in the HBOS crash? Inside HBOS, staff earning £15,000 -£18,000, who were also shareholders, were watching their savings evaporate. Ray Perman continues the story of a banking disaster unresolved to this day.
Apocalypse now and then…ten years after HBOS crash
The events leading up to the crash began in New York, 7 September 2008. A week later the shock waves engulfed Scotland’s oldest bank in Edinburgh.
GSA fire: lessons from the exclusion zone
The second Glasgow School of Art fire has become a case study in how not to help neighbouring residents after a disaster. Everyone from the owners of the damaged building to the local authorities need to learn the lessons to make sure we don’t see the likes of this again.
A Scottish teacher’s Brexit journey across Europe
The bike suits her as a way to get around, supporting an injured ankle and allowing her to travel independently under her own steam. “I’m really loving the travelling. I’m comfortable with the rhythm of it, the self sufficiency and transient friendships of strangers meeting.”