Green Politics

EU deal on capping bonuses will change the financial sector

Labour may have temporarily lost legislative power in Westminster, but Labour MEPs still have that power and used it to great effect last week, securing strict limits on upfront cash bonuses to ensure that bonuses are linked to long-term success rather than mere risk-taking.

Ben Fox ·

G20 summit masks US-EU tensions on economic recovery

The G8 and G20 summits may have seemed a damp squib, but the final communiqué, always drafted so that everybody can go away saying that they’ve won, only masks the fundamentally different approaches to economic policy by the US and by European countries.

Ben Fox ·

Economic update – July 2010

George Osborne delivered his first budget on June 22nd, describing it as ‘unavoidable’, ‘fair’ and ‘progressive’. In fact, it was none of these. An ‘emergency’ budget was not needed, whether to calm financial markets or for any other reason.

Tony Dolphin ·
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