Short of a plague of locusts (which at this juncture would not come as a real surprise) there is not much more that could hit the financial services industry this summer.
First there was the RDR at the end of June which heralds the biggest shake up of the retail industry since the Financial Services and Markets Act in 2000. Then in July came the rain in biblical proportions which destroyed homes, put businesses out of action and had a knock-on effect on insurance premiums. There was a ray a light when the new Harry Potter book was launched but for those of you who have hatred in your hearts for adults reading a children’s book (especially openly on public transport) the summer has been a write-off. However, after weeks of doom and gloom, the fight-back ap...
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