banks
Labour suffers from economic “Stockholm Syndrome”
One of the reasons that economies are being crucified on the cross of ‘austerity’ is the discrediting of so-called Keynesian policies of the 1970s, writes Ann Pettifor.
Banking Commission: A huge, missed opportunity to prevent economic failure
The Vickers Commission’s Interim Report on Banking is a huge missed opportunity; a betrayal, some might say, writes leading financial journalist Ann Pettifor.
Boris: The bankers’ best friend
Boris Johnson held more meetings with bankers and the financial services industry than with government ministers, the Met police, his electors or the press since coming to power.
A blueprint for real banking sector reform
After the failure of Project Merlin to introduce any real and significant reform of the banking sector, the call for the government to break up the banks is growing louder.
Banks let off the hook on lending
The long awaited outcome of the government’s “Project Merlin” deal with the banks has been published. Questions are already being […]
Countering the myths that bankers will leave if bonuses are reduced
There is widespread anger because bonuses are out of proportion with average incomes, reasonable reward, or the perceived social usefulness of banks.