In some more bad news for the banking industry on the Emerald Isle, Ulster Bank have announced they are to close around 20 (correction - the number is now 22) branches/sub-offices island wide.   As the 3rd largest bank in Ireland, Ulster Bank currently operate 146 branches south of the border and 90 in Northern [...]

  Here at the Money Lion Castle we like to keep our fingers on the financial pulse, so here is a selection of the top stories from around the internet… Banks Lloyds Banking Group has made a loss of £3.5bn after earmarking £3.2bn to cover compensation claims from mis-sold payment protection insurance. It’s hard to mention the [...]

  Ever dreamed of buying a house? Well you’re a crazy fool and you should lower your ambitions. Houses are for people with huge sums of cash in reserve. If you don’t own a house now then you probably never will so just deal with it. What’s that? You want a flat. Well sure you [...]

The latest report from the High Pay Commission has revealed that on average annual bonuses for FTSE 350 directors have gone up 187% since 2002. However, this isn’t reflected in company performance, as share prices have gone up only 21% in the same time frame. Nine years ago, executive bonuses were worth around 48% of [...]

Staff who work at a bank in India, in the state of Uttar Pradesh have been blamed for termites eating around 10 million rupees worth of bank notes from a safe. The staff have been found guilty of laxity. Because the staff (and the termites) have been blamed for the loss of money, there will [...]