Is money creation making the rich richer?
2 August, 2013In the news recently, the payday lenders Wonga have attracted some much deserved negative attention, due to the fact that they provide loans to some of the poorest people in the UK, at extortionate annual interest rates of up to 4,214 %. However, there is another part of the story that hasn’t been getting any attention [...]
Spending Review…no new ideas then
27 June, 2013It seems like the Spending Review that was announced yesterday by George Osborne has been widely criticized. It looks like playing the same game of cutting spending isn't fooling anybody about the prospects of getting the economy moving again. The Institute for Fiscal Studies called the review 'woeful'. The director, Paul Johnson stated: "Publishing such [...]
Transforming Finance Conference 10th May
20 April, 2013On Friday 10th May, the Chartered Accountants' Hall, Moorgate Place, will host over 27 speakers from across civil society, academia, policy-making, and finance to address these urgent questions: How can we get finance flowing into projects with social and environmental value? How can we end the injustice of privatised gains and socialised losses from our financial system? What [...]
Transforming Finance Conference – London, 10th May
16 April, 2013On Friday 10th May, the Chartered Accountants' Hall, Moorgate Place, will host over 27 speakers from across civil society, academia, policy-making, and finance to address these urgent questions: How can we get finance flowing into projects with social and environmental value? How can we end the injustice of privatised gains and socialised losses from our financial system? What [...]
Budget Day
21 March, 2013Jeremy Paxman hit the nail on the head on Newsnight last night, when he asked Danny Alexander, ‘and you really think the solution to debt is to get people to take on more debt to you?’ The budget was announced yesterday and it looks like the government haven’t any big, new ideas. There was a [...]