Month: July 2012

Beyond banker bashing?

Over the last few days we’ve been presented with rather different perspectives on future directions for financial regulation and the City of London. The forces of conservatism are seeking to reassert themselves, arguing for a limited regulatory response to the manifest and manifold problems already exposed. In Two […]

The Tie That Binds

[Originally posted at Dale&Co, 22/07/12] Last week’s reversal over Lords reform may turn out to be key moment in the life of the Coalition. In retrospect it may appear the point at which it all started to unravel. It was swiftly followed by another Cameron-Clegg relaunch, but that […]

Is the end nigh?

It is surely not simply the feverish atmosphere that always takes hold as the end of term approaches. The backbench Tory revolt over Lords Reform has genuinely destabilised the Coalition. The party leaders may have been back out on the road in a show of unity. They may […]

Statesmanship and low politics

Obviously, in the twenty-first century it would be better to say “statespersonship”. But that’s a bit unwieldy. And it’s not yet a thing. So I hope you’ll let me off. I’ve been reflecting on this issue a lot over the last few days. It was triggered by last […]

Two cheers for Barclays?

The audacity of Barclays’ actions in seeking to manipulate LIBOR is not in doubt. The scandal, quite apart from exposing how odious and unethical some of Barclays’ business practices were under Bob Diamond, has exposed profound weaknesses in the microstructures of financial markets. These weaknesses should not come […]

On the woeful Work Programme

Information on the performance of the private contractors responsible for delivering the Government’s Work Programme is beginning to leak out, seemingly despite the best efforts of the Department for Work and Pensions to keep us all in the dark. And the news is not good. It appears that […]

Why Liberal Democrats?

… as opposed to straight down the line Liberals? This is a question that we perhaps don’t reflect upon as often as we might. Now would seem as good a time as any to do so. In fact, it is an extremely pertinent question at this precise moment. […]