Accounting, auditing, corporate governance and banking failures have already destroyed economies and livelihoods, but governments and regulators have done little to introduce meaningful reforms and their failures make the next crash more likely.
A progressive programme would require a transformation of politics
When the UK private sector has been reluctant to embrace risks, the state has stepped in
The bankruptcy system in the UK is a wild west – meaning rich picking for the vultures circling at-risk firms.
US investigators have revealed the scandalous culture in RBS ahead of the financial crash. But where were British regulators?
Regulators are incapable of protecting the public from economic crime, writes accounting expert Prem Sikka.
Does the UK really need 360,000 accountants?
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.
The Financial Reporting Council’s Code – released this week – would do nothing to stop collapses like Carillion or BHS.
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.
