Building Societies Pay for Banking Greed

The chairman of the Building Societies Association (BSA), John Goodfellow has hit out at government plans to increase levies for the Financial Services Compensation Scheme (FSCS). The BSA estimates that Building Societies will be forced to pay an additional £200m into the scheme this year in order to bailout the savers of just Bradford & [...]

Leeds City Credit Union Appoint High Flyer

Leeds City Credit Union (LCCU) , one of the largest credit unions in the UK has appointed a new CEO. Chris Smyth will be joining LCCU from Churchill Insurance, part of The Royal Bank of Scotland group. Chris has had a long career within the for-profit financial sector having worked for companies such as Direct [...]