Business minister Michael Fallon MP this week blamed both the financial crisis and the deaths in Mid Staffordshire hospital on the “regulatory culture” of the Labour years. However deregulation risks babies and bathwater territory. What we need is better and more effective regulatory systems so that failures cannot be ignored again and stakeholders are protected.
Tag Archives: deregulation
The PM’s spokesman thinks Barclays understands public concerns, while Boris Johnson says the Libor scandal is funny. Could the Tories please get back in touch?
Shell scrapping its North Sea wind farm plans suggests George Osborne’s stimulus policies for the oil and gas industries are deterring investment in renewables.
Just as deleveraging was the watchword for the first stage of the banking crisis, we are now seeing the roots of the second stage: Liquidation.
Howard Reed exposes the flaws in the argument that deregulation is a straight road to higher economic growth.
Ed Miliband and Ed Balls have accused the Conservative party of trying to drive the last government further away from regulating the activity of the City of London.