It wants firms to make sure staff are trained to manage the needs of vulnerable people and to understand that customers’ circumstances can change The Financial Conduct Authority (FCA) has released draft …
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While many people are rightfully concerned about the serious risks for money laundering raised by new cryptocurrencies, banks and financial institutions that have been around for decades and centuries – …
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The joint HuffPost UK-BBC Radio 5 Live poll found 30% of people in their 20s have no savings at all. The majority of young people in their 20s say money …
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John Wood suggests that money should be re-designed as local maps of relations, rather than as a universal register of quantities and things. When someone tells you not to re-invent …
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Why creating money is for the few more than the many. Writes Frances Coppola. Sovereignty has become a buzz-word. We are told that the principal reason for the UK’s decision …
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From ruined towns on the edge of Siberia, to Bond-villain lairs in Knightsbridge and Manhattan, something has gone wrong with the workings of the world. Once upon a time, if …
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Understanding banks hasn’t always caused such difficulty for economists. In the first half of the twentieth century, theorists like Joseph Schumpeter outlined the role of banks in creating and allocating …
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Our main political parties see a reputation for economic competence as key for achieving power. The Tory party is reportedly scared that a Brexit disaster will destroy its reputation, which …
Read More Pettifor: “Private authority can’t fully be trusted to uphold contracts.” Trust and compliance with regulation are not familiar virtues in the world of global finance according to Ann Pettifor. She …
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