Finance
Bank of England Governor joins attack on bank lending
Following the embarrassingly empty green paper published this week, titled "Financing a private sector recovery" without offering any ideas on how to finance it, Bank of England Governor Mervyn King has launched a blistering attack on Britain's major banks.
Cable plans provide comfort for banks but nothing for SMEs
Leading economist and new Labour MP Rachel Reeves writes exclusively for Left Foot Forward on Vince Cable's lack of support for small and medium sized enterprises.
Commission calls for greater financial freedom for Wales
The Holtham Commission report will heap yet more pressure on the Government to look seriously at how best to fairly fund the nations and regions of the country to address what a House of Lords committee has dubbed an “arbitrary and unfair” system.
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.
Labour MEPs win vote on capping bankers’ bonuses
The new draft Capital Requirements Directive (CRD 3) would impose a blanket ban on bonuses for directors of bailed-out banks until taxpayers are repaid...
David Miliband backs High Pay Commission
David Miliband has today backed calls for a High Pay Commission. He becomes the third leadership candidate to do so after his brother, Ed, and Diane Abbott.