Brussels gold-plates global standards, the Basel rules, and applies them to all banks of all sizes.
Osborne will offer the industry a review of the bank levy, while Carney ensures that in future misconduct won’t just mean a fine.
As the Autumn Statement looms, it is time to ask whether the worst policies of a future Labour Government would have our fingerprints on them.
Ultimately, the fight for free markets comes down to emotion not economics, the heart not the wallet.
We need a system that will protect savers and the taxpayer without undermining the free markets on which Britain’s prosperity depends.
Something must be done to deal with the self-serving culture of the banking industry. Here’s that something.
The Democrats love to portray their Republican opponents as the tools of big business, but they themselves are up to their necks in big money politics
There are lessons for today from the rise and fall of the “Lords of Finance” in the 1920s. Risk has been continually mispriced during recent years.
“In part of the Rockies, warning signs were taken off the mountain roads. Do you know what happened? Accidents went down.”
The banking and energy markets were made uncompetitive by the Shadow Chancellor and the Labour leader.
Would he break up the Treasury to curb the power of Ed Balls?
We need a more diverse and local finance sector – like those on the continent.
Labour’s proposals are unworkable – instead, let’s have a concrete plan for the banking sector.