The first place to start on bankers’ pay is that it needs to be lower
Does anyone deserve to make sums of money so far in excess of what the majority of UK workers earn?
Does anyone deserve to make sums of money so far in excess of what the majority of UK workers earn?
The UK government is encouraging finance companies to lobby against proposed EU regulation on food speculation.
American senator Elizabeth Warren has launched a scathing attack on US bank regulators for allowing British bank HSBC to continue doing business in the U.S. despite confessing to what one regulator called “egregious” money laundering violations.
Yesterday’s three-hour grilling of Bob Diamond has done nothing to change the minds of those calling for an independent judge-led inquiry.
Boris Johnson, the bankers’ best friend, is breaking his promise not to cut London’s police and fire brigade budgets, reports Shamik Das.
The chancellor today blamed Labour for lax regulation of the banks, yet accused them in 2006 of being too tough on regulation.
Ed Miliband today called for criminal prosecutions in the wake of the Barclays Libor scandal, saying people were “outraged and disgusted” by the rigging.
Only Labour continues to speak up for the taxpayer in banking, writes Cormac Hollingsworth.
In just one day, there have been two cases of better treatment for those at the top than at the bottom. Are we really all in this together, asks Alex Hern.
Alex Hern asks whether Nick Gibb’s focus on “got to have it now” culture wrongly focuses on celebrity over city greed.