Will reforms really shake up the high street?

Four years on from the run on Northern Rock, the far reaching proposals include separating the retail side of our banks from the more risky investment parts of the business and a recommendation that higher levels of cash are set aside to reduce the impact of any future banking crisis.

Re-run of the banking crisis

There is no doubt that we don't want a re-run of the banking crisis and furthermore taxpayer bailouts, however there are rumblings within the industry that the Vickers proposals could lead to higher borrowing costs for personal and business clients.