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banking crisis

August 11, 2019

Real pay cut for millions of lower and middle paid workers, TUC analysis reveals

Millions of employees in lower-paid and middle-income jobs have had real pay reductions over the last decade, according to new analysis published by the TUC.
February 10, 2015

HSBC scandal also puts spotlight on church leadership concerns

The latest scandal to hit HSBC, Britain’s biggest bank, again throws a spotlight on the enormous failings of the finance sector. It is also a source of embarrassment for governments present and past – but also for the Church of England.
September 13, 2014

We trust the big banks caught fiddling… but not the people?

One of the big last-ditch Scottish referendum pitches by the three dominant Westminster parties and their friends in the City of London is to appeal to voters to reject self-government and instead accept the opinion and sway of the giant transnational banks – the likes of Goldman Sachs, J P Morgan and Deutsche Bank.
July 21, 2014

Pensions and George Osborne's memory lapse.

Has George Osborne completely forgotten the banking crisis, or has it just slipped his mind? In an interview on Radio 4 this morning he spoke of his excitement at the new products the financial services industry may invent to sell to people who will soon get access to their pension pots.
January 16, 2014

Motion on banking diversity goes to Scottish Parliament

Scottish Greens and their independent allies are stepping up their calls for a move towards genuine diversity in the banking sector.
March 26, 2012

Churches encouraged to develop a new vision of economics

A large gathering of people from south-west England and across Britain convened in Bristol on Saturday to explore visions of a New Economy.
January 3, 2012

The 'conspiracy of silence' around banks' creation of money

There is an excellent letter in today's Financial Times from James Skinner, a trustee of the New Economics Foundation, referring to the 'conspiracy of silence' surrounding the creation of money by commercial banks.
October 16, 2011

Demonstrations against financial greed sweep the world

Millions of protesters in 82 countries and across a thousand cities have taken to the streets to demonstrate against the bailing out of the rich.
October 20, 2010

Vulnerable should not pay for banking failure, says Jesse Jackson

US civil rights activist Jesse Jackson has voiced concerns about how measures to tackle the credit crisis are affecting poorer people in Britain.
October 4, 2010

Huge bank funding gap demands radical economic alternatives, says NEF

The New Economics Foundation says Britain faces further economic chaos as banks come to terms with a £25 billion funding gap in 2011.