We face austerity, privatisation, and toxic influence. But we are growing, and cannot be beaten
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Why are the big banks so keen on British single market membership?
Financiers are worried about their continued ability to control EU markets they do not have ordinary peoples best interests at heart, writes JOHN FOSTER
Trump’s economic adviser has exposed the actual strategy: forcing other countries to provide financial support for US world hegemony
Activist Angie Zelter has been arrested more than a hundred times. She’s not stopping now, writes LINDA PENTZ GUNTER
Natalia Marques looks at last week's ruling that Khalil can be deported and its implications
We are not here to advocate for the arms industry or its CEOs, writes STEVE HANDFORD, and that means we must take a stand against the government’s spending on war
Educators must fight for an inclusive, creative system that values all children
Although our sector is hearing better things from the current government, the recognition that what we do is education in its own right, rather than just childcare, is still not reflected in policy, writes LUCY COLEMAN
LAST week Goldman Sachs chief executive Lloyd Blankfein tweeted that it may be necessary for Britain to hold a second referendum on the EU. Too many CEOs, he claimed, “are not happy” with the result.
What is Goldman Sachs? It is the United States’ biggest investment bank. It is also the EU’s.
Last year Goldman Sachs handled 33 per cent of all EU mergers and acquisitions. Together with JP Morgan and Morgan Stanley, these three US banks handled 80 per cent of all company mergers and acquisitions in the EU. They also dominate most other financial services. They do so from London.
These banks are now worried about their continued ability to control EU markets from their still partly deregulated base in the City. They want to continue in London. But they want Britain to remain within the EU single market. Hence the pressure being placed on all political parties to modify their position in favour of single market membership.
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