Why didn’t UK regulators spot the rot at the heart of British banks?
US investigators have revealed the scandalous culture in RBS ahead of the financial crash. But where were British regulators?
Prem Sikka
When will the bankers who’ve rigged our economy be held to account?
Regulators are incapable of protecting the public from economic crime, writes accounting expert Prem Sikka.
Too many bean-counters: How an ‘accounting curse’ is hurting the UK economy
Does the UK really need 360,000 accountants?
There’s only one way to solve inequality and fat-cattery – and it isn’t ‘naming and shaming’
As new figures show wage stagnation for workers – and big pay hikes for bosses – Prem Sikka argues it’s time to bold solutions to the inequality crisis.
Why the new Code governing corporations isn’t worth the paper it’s written on
The Financial Reporting Council’s Code – released this week – would do nothing to stop collapses like Carillion or BHS.
The Tories let Brexit divide and polarise our society. Now they must face the consequences
The 2016 referendum exposed deep fault lines in our society. Rather than working to repair them with education and an emphasis on economic prosperity, the government has allowed divisions to fester. There is a now a real danger that this political failure could create space for the rise of the far right.
After decades of following a failed economic model, we need to reshape the state
We have missed far too many opportunities to steer our economy in a positive direction. It’s time for the left to address the role of the state today, says Prof. Prem Sikka.
To help small businesses we must curb the banks’ greedy appetites
Today’s SMEs are tomorrow’s business giants, but most are being smothered by bankrupt clients and irresponsible bankers. Prem Sikka writes.
The UK’s financial regulators are presiding over widespread corporate failure
The handling of scandals at leading banks show it’s time for a regulatory overhaul.
The Tories’ proposals are (unsurprisingly) toothless against fat-cattery
Companies might have to justify pay gaps between bosses and workers, but without a body to oversee it the measure is futile. Prem Sikka writes.