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An editorial is presented which argues that, as of June 2013, the British government should privatise the banks that it nationalised during the financial crisis of 2008, regardless of the embarrassment it may cause some officials if share prices increase after the sale. Topics include economic conditions in Great Britain, the Royal Bank of Scotland, and Lloyds Banking Group PLC.

The article profiles the Bank of England as British Parliament passes legislation that requires the Bank to supervise commercial banks following the dismantling of the Financial Services Authority (FSA). Topics include the search for a successor to bank governor Sir Mervyn King, who will step down in June 2013, concerns that the Bank of England is not qualified to be a banking industry regulator, and whether the bank should merge its financial-policy (FPC) and monetary-policy (MPC) committees.

The article focuses on Mervyn King, Governor of the Bank of England. Legislation proposed by the coalition government of Great Britain which would make the central bank responsible for all banking industry regulation, especially bank capital oversight, is discussed. King's management of the Bank of England during the global financial crisis is considered.

The author offers opinions on U.S. and European government bailouts of major banks. The European Union (EU) is said to have done a better job of dealing with insolvent banks than have the U.S. and Great Britain. The U.S. policy of guaranteeing loans made by large banks is deplored. It is recommended that banks near insolvency be forced to pay higher interest rates on loans made by their governments.

The article discusses the author's claim that total loss-absorbing capacity (TLAC) bonds will be negatively impacted if places such as Great Britain are forced to deal with additional banking industry problems such as the financial crisis that occurred in 2007-2008. The British Financial Stability Board's issuance of guidelines for bank balance-sheets are examined, along with a proposal for private investors to bear the costs associated with bank losses and failures.

In this article the author discusses tasks faced by British prime minister Gordon Brown in dealing with issues raised by the global economic crisis of 2008. The author focuses on the difficulty of managing the financial downturn in light of the suspect and secretive practices of the banking and financial services sectors.

The article asserts that Great Britain's Prime Minister Gordon Brown should step in to settle the financial problems of the British bank Northern Rock. It is reported that Brown has hinted to the possibility that he will nationalise Northern Rock. The article explains that Britain is the only country in the G7 club of leading economies without a special mechanism for taking control of a failing bank and ensuring that depositors get their money without delay.

This article discusses how UK banks are luring students into careers in finance with tactics like high salaries and champagne parties. Secretary of State of Work and Pensions Peter Hain called for the redistribution of the city's employee giveaway. The willingness of the government to curb this extravagance will be the measure of the Prime Minister Gordon Brown administration.

Wonders whether the balance of power between the British Treasury and the Bank of England will continue to shift. Banking policies that were instituted during the Thatcher administration.

Says that as governments seek ways of paying for industrial pollution, banks increasingly worry that they will be handed the bill for damage caused by their customers. British government's proposals for deciding who should pay for cleaning up industrial pollution; Problem of the open-ended nature of environmental liabilities; Inability to quantify contingent liability; Superfund; The European Commission.

Several letters to the editor are presented in response to articles in the June 4, 2012 issue including "Her Royal Majesty," "The Case for Banking Regulation," by Rana Foroohar, and "The Best News Out of Afghanistan," by Joe Klein.

The article discusses an agreement between Great Britain's largest banks and the government on bank finance. The agreement calls for an increase of a tax on bank debt and an agreement by banks to increase lending to business enterprises, as well as a limit on bonuses for bank employees. The agreement's relatively small costs to the banks involved is considered.

The article reports on liquidity regulations introduced in 2009 by the Reserve Bank of New Zealand. The measures were imposed to promote financial stability and to cover depositor withdrawals. Among other issues the article assesses New Zealand's banking regulations in contrast with those in force in Great Britain.

The author offers opinions on proposals in the U.S. and Great Britain to place limits on salaries and bonuses paid executives of banks receiving government assistance. These proposals, while popular, are said to ignore the real roots of the bank management activities which helped generate the financial crisis. Bankers are said to be unduly rewarded for short-term performance, leading to risk-taking. Stockholder are urged to force changes in corporate governance regarding salaries.

Presents an update on developments concerning the Bank of England as of March 20, 1991. Bank governor Robin Leigh-Pemberton's confidence that the bank will be independent of political control; Leigh-Pemberton's recommendation of controls on mortgage lending in direct conflict with government policy; Pledge made by the Labour Party that it will introduce credit controls as an alternative to high interest rates.

In this article, Tom Lawton, head of manufacturing at audit and services providing consultancy BDO reflects on the areas of manufacturing industry where British government could help. Lawton mentions that government should make an industrial policy which can encourage banks to increase their lending to manufacturers. He mentions that funding for aerospace and automotive industry is available in Great Britain but Germany provides more support its industries than Great Britain.

In this article the author discusses the implication of the move of the Conservatives remake the regulatory system and the Liberal Democrats to remake the banking system in England. The author stresses that the agreement between the two parties provides a basis for analysing the future of banking regulation. The author notes that through the effort, the Bank of England will be given control of macro-prudential regulation and the oversight of micro-prudential regulation.