It is clear as a bell to those who pay attention, the age of Gordon Gekko is over. Bottom line, unethical behaviour is systemic, malignant and it is global. Like cancer, it is a disease and we have got to fight back. It is a bankrupt business model, it won't work. It is a disease and we have got to fight back. The only question is, how are we going to do that? How are we going to leverage the disease back into our favour?
Fintech is undoubtedly one of the major growth sectors for Leeds City Region. Indeed, as an existing centre of excellence for both finance (as the UK's second centre for banking, home to over 30 national and international banks) and technology, we are primed and ready to capitalise on the opportunity.
"No Jam today", "pump up the Jams", Chancellor in a Jam": an initially staid acronym for 'Just About Managing' families coined by the new Chancellor of the Exchequer has morphed into a major political buzzword in just a matter of days. At its current growth rate, it's got all the ingredients of a meme.
In the long run, the prospect of higher global debt levels, a more imbalanced global economy led by the US and the potential for the inflation genie finally to be leaking out its bottle after eight years of unprecedented monetary stimulus is alarming. The coming bust will be the biggest in human history.
Instead of playing this tax avoidance game, we have to call tax avoidance what it is: tax dodging. It is wrong. At a time of deep economic insecurity after years of austerity economics, ensuring that enough tax is raised is a matter of national security. A Corbyn-led Labour government will make the changes that are necessary to make a difference.