The government shouldn’t pin all of its hopes for economic growth on the finance industry
Such a strategy was tried in 1970s and came to grief in the mid-1970s secondary banking crash.
Such a strategy was tried in 1970s and came to grief in the mid-1970s secondary banking crash.
'No point in using bank funds to make the rich richer. No point in building new roads, or investing in fossil fuel when the carbon bubble looms every larger. Every point is focusing resources on projects that deliver for people and planet.'
'The City of London has never been a model for any kind of responsible conduct. It has looted people’s savings, investments, and pensions for decades.'
The finance industry is the only one that regularly needs to be bailed out by taxpayers
The Greensill collapse is a reminder of the failures of financial deregulation, writes Prof Prem Sikka.
Skewed reporting of finance and politics more generally is a matter of deliberate choice, writes Prof Prem Sikka.