Finance

Brown and King miss the point on bank break up

Mervyn King and Gordon Brown are both wrong over the future of the banks. Both have failed to point out that the banking system was brought to its knees by the interdependency of institutions. They need to be split up because the supernormal profits are emblematic of monopoly power.

Varun Chandra ·

Cross-party support for curbs on City excess

A YouGov poll commissioned by Compass, "shows huge majorities want action on high pay." Although attitudes are broadly similar across social class and party allegiance, "Thatcher's children" - those born since 1975 - are less likely to support new taxes on the bonuses.

Will Straw ·

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