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The government has done almost nothing to deal with the fundamental and ongoing causes of the financial crisis, a leading academic has warned.
University of Essex banking expert Professor Prem Sikka maintains that the risk taking, insider trading, money laundering and mis-selling that characterised banks’ behaviour prior to the 2008 crash is continuing.
In his new paper Banking in the public interest: Progressive reform of the financial sector, Prof Sikka accuses the coalition of stalling on vital reforms to drag the banking industry back into line.
Trade unions call for windfall tax hike to fund social energy tariff to public’s energy bills
JOHN GREEN argues that the spreading practice of closing bank account without proof of criminality is an infringement of an elementary human right