Bloomberg has reported this morning that: Research conducted separately by European Central Bank economist Philip Vermeulen and London School of Economics’ Gabriel Zucman show the wealth of
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There is no such things as ‘taxpayer’s money’
I am presenting the Salter Lecture at the Yearly Meeting of British Quakers in Bath tonight, using the above title ‘Tax justice: a Quaker’s concern’.
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We need a debate on a better tax system whether politicians like it or not
Nicholas Stern – that is Lord Stern, famous for his work on climate change – has an article in the FT this morning on the
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Living wills make no sense: no bank can die in isolation
I note that US regulators have rejected thirteen major bank’s ‘living wills’, suggesting, according to the FT, that they are deficient and fail to convincingly
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The wrong type of investment
George Osborne backed the One North project yesterday. I wish he hadn't. Please don't get me wrong though. I have argued long and hard for
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Never underestimate the quiet man
Alistair Darling outwitting Alex Salmond: sometimes you can underestimate the quiet man, whether for good or ill. What worries me now is the break up
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HSBC regrets
The FT, Guardian and others note that HSBC was full of regret at its results announcement yesterday. As the Guardian put it: The chairman of HSBC warned
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When a banker can’t issue a statement properly are we made to trust them?
A new banking scandal is emerging. As the Guardian reports: An epidemic of errors in credit and loan agreements is the latest expensive scandal to
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KPMG fail again
The FT reports this morning that: Betfair returned £80m to investors in violation of accounting rules, the gambling company has admitted. The embarrassing breach — which
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