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Obscene: Romney to host $75,000 London fundraiser – hosted by a lobbyist for...
Tweet . Republican Presidential candidate Mitt Romney is to host a private fundraising dinner in London on the eve of the Olympics – at a cost of up to $75,000 a head. The event, and a separate...
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Lord Glasman has developed a criticism of Keynes in a distinctively modern way
Tweet . This was the week that Ed Miliband decided to deliver plans for the banking sector, just days after the Libor scandal rocked Barclays and the entire banking sector. Ed’s call is for there to...
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Parliamentary motion calls on Barclays’s senior staff to stop fundraising for...
Tweet . The row over Mitt Romney’s links with Barclays has entered a new phase with a Parliamentary motion tabled today by a Labour MP. The Republican presidential candidate is due to speak in London...
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Introducing neo-con economics
Tweet . How does nationalising one of the UK’s biggest banks “crowd-in the private sector”? That was the first question I had when I saw the front page of Thursday morning’s FT (£) saying the...
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Banking reform isn’t the complete solution – it’s also about culture,...
Tweet We must not forget that much of the destructive behaviour in our financial sector comes from visions, paradigms, and shared meanings between employees, which are out of sync with society, writes...
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Poll: Majority of voters want an early election and don’t blame Labour for...
TweetBy Neil Foster of Progressive Polling At the mid-point of the parliament a narrow majority of voters say they want a general election before 2015, according to a new Survation poll (pdf)...
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Keeping the Bank cooperative
TweetCormac Hollingsworth is the director of New City Network Is there no alternative for the members of the Co-operative other than a demutualisation? Must they stand back and let the stock market...
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Asking borrowers to pay more is not the answer for credit unions
TweetIn the wake of changes announced by chancellor George Osborne last week on the amount at which a credit union can charge in interest for one of its loan products, Joseph Wright of Civitas has...
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You do the crime, you do the time. It seems that’s the case everywhere but...
TweetBy Lord McFall of Alcluith, a member of the House of Lords and the former Member of Parliament for West Dunbartonshire Money laundering, forgery, fraud, corruption – if you do the crime, you do...
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Turn RBS into a network of community banks, based on the German model
TweetEarlier this year the think-tank Civitas came up with the eminently sensible idea that the Royal Bank of Scotland (RBS) be turned into the equivalent of German Sparkassen – a form of community...
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Miliband’s been quicker to notice the effectiveness of competition policy on...
TweetThe timing of Ed Miliband’s intervention on bank competition is interesting, because it’s not that there’s much disagreement in Parliament about the need for more competition, it’s that he’s made...
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The Bank of Salford shows how to challenge the big five banks
TweetConservatives last week described Labour leader Ed Miliband’s decision to look at breaking up the big banks as putting taxpayers’ money at risk. As if on cue, soon after Miliband’s announcement...
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UK banking regulation is still too weak: a response to Respublica
TweetI’ve just read Respublica’s great new report on civic finance and the commercial potential of Community Development Finance Institutions (CDFIs), as well as the response from Peter Kelly, the...
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Banking needs to become boring again
TweetDavid Powell is an economics campaigner for Friends of the Earth This weekend, the Sunday Times reported that Ed Miliband has been urged by some of his parliamentary candidates to stop making...
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It’s not enough to talk only about banking. We need to talk about the entire...
TweetIt is no longer sufficient to have a public discussion about the banking system that neglects the economy as a whole, writes Jack Copley 2014 has seen a range of commentators proclaim that...
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We need long-term prosperity over short-term, damaging and unequal greed
TweetBusiness must be coupled with sustainability so we all benefit from growth, writes Darren Jones With the proposed take over of Astra Zeneca by Pfizer, the debate on the question of ‘what role for...
View ArticleComment: Within the law or not, tax avoidance should be socially unacceptable
Apparently we would all be doing clever things with our money if only we had the cash to pay an affective accountant. As the U2 guitarist David Evans( aka ‘The Edge) once rhetorically asked (presumably...
View ArticleReject 3,000 refugee children? Just the start for this shameful Immigration Bill
The Immigration Bill 2016 is nearing the end of its passage through parliament. Today, the last clauses will ping-pong between the House of Lords and the Commons. Yesterday, Lord Dubs’s amendment to...
View ArticleWe’re missing the point about how corporations influence politicians
Two separate stories that have dominated the media over the past few weeks, on either side of the Atlantic, have been instructive in highlighting the subtle ways in which our political leaders are...
View ArticlePassporting peril: How can the UK make banking safer post-Brexit?
We are going to hear a lot about passporting in the next few years. The City will make preserving the financial services passport a key aim of its post referendum lobbying. It is less clear who will...
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