Vickers: The British Dilemma
The ‘British dilemma’as coined by George Osborne asks how ‘Britain can remain a successful global centre of finance without asking taxpayers to bear unacceptable risks or putting the broader economy at...
View ArticleClik here to view.
Believing In Bob: A New Vision for Financial Services
Alan Mak welcomes calls for financial services to recognise the importance of being socially responsible When Bob Diamond, CEO of Barclays, was asked last Thursday night whether banks could be “good...
View ArticleThe democratisation of capital
Britain needs to democratise financial capital if it wants a strong, healthy and growing private sector. The Chancellor announced a new scheme whereby the Government underwrites SME loans originated...
View ArticleResponsible Capitalism Means Reforming Capitalism
When the ‘Occupy’ movement descended on the world in September last year, the unsightly camps that plagued cities around the globe were often more visible than the ideals of the protesters inhabiting...
View ArticleWe deserve a banking inquiry, we can benefit from a banking inquiry
Ed Miliband talked about it. The Tax Payers Alliance support it. There needs to be a public inquiry into the relationship between the Financial industry and British society. When the credit crunch...
View ArticleSymbolism essential when hunting banking baddies
News reaches us today that Barclays chairman Marcus Agius has resigned following his involvement in the Libor lending rate scandal. Welcome news? Certainly. Something that will restore confidence in...
View ArticleClik here to view.
Prioritising value over money: Greg Clark’s vision for banking
Yesterday’s FT profile of Greg Clark is worth a read. He gets that the current High Street banking structures not conducive to creating growth. Small businesses cannot grow unless their initiatives and...
View ArticleThree important reasons the government shouldn’t impose a cap on payday loans
In (another) abrupt u-turn, it now seems likely that the government will accept the substance of the Labour peer Lord Mitchell’s amendment to the Financial Services Bill, which calls for a cap on the...
View ArticleTrust consumers to build confidence in banking
In too many areas of British life, there has been a breakdown of trust. Banking is the biggest casualty. But the Banking Reform Bill, which received its third reading in the Commons this week, offers...
View Article
