Weaknesses in the financial systems highlighted by the run on Northern Rock

Here in the UK, we pride ourselves by the strength of our financial systems.  After all, until the run on Northen Rock, there has not been a similar, systematic, run on a bank for a long, long time. 
I believe the run on Northern Rock has highlighted some deep seated weaknesses in our systems caused by the huge [...]

IVAs: what will the spat with TIX lead to?

By way of background.  An organisation called Tix represent a number of the major credit card companies and banks, mainly those who have been throwing money like confetti to people who cannot afford to repay. 
Tix are trying to impose on Insolvency Practitioners and their clients some fairly onerous terms for what they consider to be [...]