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Gambling & Debt Crises

Gambling & Debt Crises – A News Week that could have been Avoided

Two financial news stories broke this week which have particularly saddened me. Two tales of situations where the financially vulnerable in our society have suffered unnecessarily, perhaps even been exploited. And this is heartbreaking, as the human pain and suffering could so easily have been prevented. Continue reading “Gambling & Debt Crises – A News Week that could have been Avoided”

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Mark Carney

Mark Carney is Right

A few weeks ago, I used this blog to welcome Mark Carney’s warning that families are seriously over-indulging on car finance and credit card debt. And this week, the Castlight team were delighted to see two pages of the The Sunday Times newspaper reporting on Bank of England initiatives to demand more detailed information from lenders on how they approve loans. Continue reading “Mark Carney is Right”

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Responsible Disruption

Responsible Disruption

Uber, apparently the most valuable venture-backed company in history, has taken a tumble. Like all disrupters It was on a mission to change the world, to deliver a service that would cut right through the way people normally did things, and make life easier to navigate. But it has got itself mired in lawsuits and corporate culture chaos. Continue reading “Responsible Disruption”

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Sub-Prime Lending: Lets Stop the Next Financial Tsunami

10 years ago the US sub-prime mortgage market hit the rocks and triggered a financial tsunami around the world. Many of us, I’m sure, will never forget the sight of panicked queues outside Northern Rock banks as the waves of destruction reached UK shores and began to lap at the doors of our High Street banks.

There were many reasons for the financial crisis – it was, in fact, a perfect storm. Continue reading “Sub-Prime Lending: Lets Stop the Next Financial Tsunami”

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