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finance Articles

There was no golden age of finance and industry

Two important questions historians may ask about the current time is did our political leaders really understand the magnitude of the challenges facing them, and did they meet those challenges?  The evidence so far is mixed at best.  While we may find ourselves...

Is the City changing?

There is a lot of thinking going on in the City of London. If you were to walk around the Square Mile and attend meetings at the various market groups, thinktanks and at Gresham College, you would be pleasantly surprised at what is being discussed. As well as...

Where next for eurozone governance?

When in 2010 the global financial crisis finally hit and started to deeply unsettle the eurozone, many commentators and experts, particularly in the Anglo-Saxon sphere but also elsewhere, felt a great deal of vindication: ‘Didn’t we warn them that a single currency...

The Libor distraction

Manipulating markets constitutes corporate fraud, regardless of whether or not those who engaged in such activities believed they had the cover of the Bank of England to do so. So it's right that the Serious Fraud Office has been given the resources it needs to...