The ring-fence structure makes a distinction between the bits of banking that need saving (deposit-taking banks, payment systems and the like) and the bits that do not (bonus-gorging investment bankers).

ECONOMIST: Banking reforms

Using a secured credit card is the least risky means of credit improvement because it requires the placement of a security deposit that protects an issuer against default, negates the need for an expensive fee structure and ensures that you will not spend beyond your means.

FORBES: Send Your Christmas List to FICO This Year