Financial Crisis

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.

Putin Could Go Nuclear On Isis

The Huffington Post UK | Paul Vale | Posted 10.12.2015 | UK

Vladimir Putin has floated the notion of using nuclear weapons against members of the Islamic State, according to quotes published by the Kremlin. The...

Why Bank Bosses Partying at Gleneagles Is a Crisis Warning Indicator

Ian Fraser | Posted 27.11.2016 | UK
Ian Fraser

What is it about the Gleneagles Hotel and the Scottish banks? Is there something in the water at the opulent 1920s Perthshire spa and golfing resort - or perhaps in the generous single malt Scotch whiskies that are often served there - that causes Scottish bankers to lose their minds and embark on crazily ambitious growth plans?

Bomb Downed The Flight According To Analysis Of Flight Data Recorder

The Huffington Post UK | Paul Vale | Posted 06.11.2015 | UK

A bomb downed the MetroJet plane that crashed in Egypt on Saturday, according to analysis of the flight date recorder. The plane crashed in the Sinai ...

Chinese Nuclear Finance Deal: What Cameron Might Say to President Xi Jinping

Molly Scott Cato | Posted 19.10.2016 | UK Politics
Molly Scott Cato

I'm delighted to have discovered a leaked 'damage limitation' briefing, sent to David Cameron from advisers, ahead of his meeting with Chinese President Xi Jinping this week. The paper gives some useful advice on what Mr Cameron should say to 'extract' himself from a damaging and embarrassing deal involving Chinese finance for nuclear new build...

The Morality of White Collar Crime: Ireland's Corruption is England's Everyday Politics.

Sophie Long | Posted 12.07.2016 | UK
Sophie Long

The laws, the politics and the language used to express the two are deliberately designed to be beyond the reach of ordinary people. That, perhaps, is why, we will allow a discreet and respectful investigation of the current corruption, of future corruptions, and hope that order (whatever that means) will soon be restored.

The Battle of Thessaloniki

Giuseppe Porcaro | Posted 30.06.2016 | UK
Giuseppe Porcaro

We drove around the squalid periphery, passing by the village of Kalochori, home of many construction sites left unfinished from pre-war times when th...

Spartan Spirit and Sunday's Referendum

Jonathan Arnott | Posted 01.07.2016 | UK Politics
Jonathan Arnott

Will the Greek people strike a blow for freedom, not just theirs but ours too? For if the answer is indeed 'Oxi', then who knows? Perhaps in generations to come July 5 will join October 28, and two 'anniversaries of the No' will be celebrated.