Financial Crisis

Jeremy Corbyn Accuses The Tories Of 'Transparently Failing' On Brexit

The Huffington Post | Jack Sommers | Posted 14.10.2017 | UK

Jeremy Corbyn has accused the Tories of “transparently failing” on Brexit and leading Britain towards the “economic disaster” of leaving the E...

The Great Disappointment: Catalonia, Non-Independence, And The Future Of The European Union

Dr Russell Foster | Posted 12.10.2017 | UK Politics
Dr Russell Foster

If Puigdemont does reluctantly declare the independence which he wanted, it will only result in a political situation that is even more bitter, more acrimonious, and more likely to result in civil unrest. Instead of toasting the independence he sought, Puigdemont now finds himself sipping from a poisoned chalice.

UK Growth Will Suffer From Brexit - Top German Economist

The Huffington Post | Paul Waugh | Posted 19.09.2017 | UK Politics

One of Germany’s leading economists has urged Britain and the EU to agree a “permanent transition” to Brexit amid fresh figures showing UK growt...

Why Technology Is The New Threat To Banks 10 Years On From The Financial Crash 

Chris Jefford | Posted 12.09.2017 | UK Tech
Chris Jefford

August 2007 saw Northern Rock customers flocking to withdraw their savings in fear of the bank going bust, the collapse of Lehman Brothers, and the bailout of Royal Bank of Scotland and Lloyds/HBOS to the tune of tens of billions of pounds of British taxpayers' money.

The Global Financial Crisis Remembered: How It Affected Workers In The Finance Sector

Gregor Gall | Posted 08.09.2017 | UK Politics
Gregor Gall

Ten years ago this week, the emerging global financial crisis rudely hit the shores of Britain. Northern Rock, previously a low risk and secure buildi...

Archbishop Warns Economy Is 'Broken' As Report Reveals Longest Period Of Wage Stagnation For 150 Years

The Huffington Post | Rachel Wearmouth | Posted 06.09.2017 | UK Politics

Economic growth is boosting company profits not worker’s wages, a dramatic report finds today as the Archbishop of Canterbury declares the UK econom...

A Nation Of Scientists: Can Life Sciences Be The New Financial Services?

Joe Mitton | Posted 31.08.2017 | UK
Joe Mitton

Making money doing something you're good at is a sound rule for people and for nations. This helps explain why prioritising life sciences is one of t...

Countries, Like People, Rarely Elect To Change

Sam Goodman | Posted 17.08.2017 | UK Politics
Sam Goodman

Countries, like people, are resistant to change. It is therefore no surprise that the vast majority of developed nations choose economically and politically easy paths; whether that is the allure of cheap credit and amassing debt or the ease of deferring key decisions to the next government and even the next generation.

Bricks, Mortar And Fickle Economics

Ed Green | Posted 10.08.2017 | UK
Ed Green

Ten years ago - on 9 August 2007 - news stories surfaced about toxic debt in the US sub-prime property market. The resulting 'credit crunch' soon beca...

How Brexit Is Making Britain's Wounds From The Credit Crunch Worse

The Huffington Post | Jack Sommers | Posted 09.08.2017 | UK

Firefighter Mark Hunt has seen his pay stagnate, his National Insurance and pension contributions rise and the cost of nearly everything in his life r...

Paying The Price: Ten Years Of Human Toll Following The Financial Crisis

Gregor Gall | Posted 21.07.2017 | UK
Gregor Gall

Only full and proper state regulation of our financial and economic systems can prevent such a calamity from happening again. But it will also need state intervention in employment matters to protect workers' interests and to support the creation of stronger unions to help in doing so. For a book that unfortunately will be beyond the financial reach of many, consider getting your union branch or public library to order a copy.

How Will The General Election Impact The City? Answer: It Won't

Kerim Derhalli | Posted 09.05.2017 | UK Politics
Kerim Derhalli

In this strange dystopian present, the one constant has been inconsistency, and many firms, big and small, in the finance world have learned to expect the unexpected. So, for all this change on the political and economic scenes, the City has actually become one of the more stable epicentres on which the UK's global future continues to rest.

How We Survived Financial Crisis. Just

Clemmie Telford | Posted 08.02.2017 | UK Lifestyle
Clemmie Telford

2016 was a shitty year. The universal reasons hardly need mentioning: politics going tits up. The loss of so many amazing creatives. And of course Bake Off. But for my family and I we also went through a proper deep dark financial crisis.

'On Brexit, We Say What Politicians Can't', Top Economist Says

The Huffington Post | Jack Sommers | Posted 14.01.2017 | UK

As one of Britain’s foremost economists, Paul Johnson’s view on Brexit is sought after, trusted and condemned. The director of the revered Institu...

Has Jeremy Hunt Opened A Can Of Worms Or Is He Being Disingenuous?

Malcolm Prowle | Posted 10.01.2017 | UK Politics
Malcolm Prowle

In November 2009, I gave my inaugural professorial lecture at Nottingham Business School with the title "The future of UK public services". This was j...

A Trumpian Deal, And The Path To The Next Financial Crisis

Dr Ioannis Glinavos | Posted 24.11.2016 | UK Politics
Dr Ioannis Glinavos

American voters, by electing Donald Trump, thought they were voting for more protection, stricter controls, a harder attitude towards Wall Street and more emphasis on the 'real' economy. Trump's transition plans will deliver precisely the opposite.

Brexit Aftermath: Flipping the Bird at the Elite?

Dyfed Loesche | Posted 30.06.2017 | UK Politics
Dyfed Loesche

The decision to Brexit is one of the most irrational collective decisions in recent history, because those already feeling the heat have turned it up even higher, proving to be their own worst enemy. It was a destructive move, but it wasn't a bolt out of the blue either.

Brexit: What Does it Mean to the UK's Freelancers?

Chris Smith | Posted 29.06.2017 | UK
Chris Smith

Last Friday, the UK woke up to political upheaval and economic turmoil. In a move that seemingly stunned both campaigns involved, the British public v...

Confusion Grows as UN Grills UK on Its Child Rights Record

Professor Aoife Nolan | Posted 24.05.2017 | UK Politics
Professor Aoife Nolan

Ms Thewliss' efforts to focus attention on this issue are admirable. However, if the work of UN human rights bodies like the Committee is to be effective, then it is incumbent on both those who would use them - and those who report on them - to get the facts right.

Concerning the Future of Deutsche Bank

Lewis Worrow | Posted 03.03.2017 | UK
Lewis Worrow

Deutsche Bank is a leading global investment bank with headquarters in Germany and indeed is one of Europe's mightiest financial institutions and the ...

Corbyn Reminds Bankers How Angry He Is With Them

The Huffington Post UK | Aubrey Allegretti | Posted 03.03.2016 | UK

Jeremy Corbyn has accused City bankers of treating ordinary workers like a "cash cow" as he called for more state investment and a new settlement with...

Let HSBC Go, We Don't Need Them

Youssef El-Gingihy | Posted 15.02.2017 | UK
Youssef El-Gingihy

So the Hong Kong and Shanghai Banking Corporation have decided to stay put in the UK. Should we start the celebrations? Or perhaps we should put the champagne on ice. Because, wait for it, yes trickle-down economics doesn't actually work.

Is the World Going to Hell in a Handbasket?

Dr Steve McCabe | Posted 24.01.2017 | UK
Dr Steve McCabe

The 'great and the good' have assembled at the annual meeting of the World Economic Forum (WEF) that is held in the Swiss in Davos which is a popular ...

The Shortest Bear

Peter Shakeshaft | Posted 22.01.2017 | UK
Peter Shakeshaft

The FTSE100 entered an official bear market on Wednesday (20% under its most recent high), and then proceeded to spend Wednesday, Thursday (and Friday so far) recovering. Oil is back above $30/barrel, the yield on 10 year British treasury bonds is unchanged, and Sterling is appreciating against both Dollar and Euro.

Labour Needs to Challenge the Tories on Their Economic Hypocrisy

Ryan Curran | Posted 07.01.2017 | UK Universities & Education
Ryan Curran

Speaking in Cardiff recently, George Osborne warned that the UK faces a 'dangerous cocktail' of economic risks, pinning the blame on external forces such as China's slowing economy, for example. This is in stark contrast to the upbeat tone the Chancellor adopted during his Autumn Statement where you'd be forgiven for thinking the economy was thriving under the Conservatives.