Tag Archives for Banking

The UK banking sector and the corporation tax surcharge – new SPERI Brief

SPERI’s latest British Political Economy Brief considers the impact of the changes to taxes on banks made by the Chancellor of the Exchequer in his Budget in July 2015, specifically the introduction of an 8 per cent corporation tax surcharge on bank profits and a reduction in the Bank Levy. The Brief, by SPERI Doctoral Researcher Adam Barber and Tom … Continue reading

9 March 2016 by
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George Osborne, banks and the turning tide of regulation in the UK

The mood music being played to the City by the majority Conservative government has been quietly but deliberately changed since May 2015 In the immediate wake of the financial crisis in 2008-9 it appeared as if there was an endless line of politicians in the UK from across all political spectrums queuing up to lambast and publicly deride the banks … Continue reading

3 March 2016 by
Categories: Finance, SPERI Comment | Tags: , , , , , , , , , | Leave a comment

The ‘carbon bubble’

Dan Bailey

Overvalued fossil fuel assets reveal the ecological limitations of the economic recovery It’s disconcerting that the return to GDP growth may have, for now at least, obfuscated the analysis of the unstable dynamics underpinning Britain’s pre-crash growth model. The insights of numerous political economists have explicated that behind the GDP statistics lay a dysfunctional growth model with tendencies towards financial … Continue reading

1 April 2014 by
Categories: British growth crisis, Climate change, Finance, Politics and policy, SPERI Comment | Tags: , , , , , , , , , , , , , , , , | Leave a comment

Video: In Conversation with Andrew Haldane

If you missed ‘In Conversation with Andrew Haldane (Executive Director for Financial Stability, Bank of England)’ on Thurs 20 February 2014, you can now watch the video in full below. You can also find out more about the event here.  

7 March 2014 by
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Craig Berry debates the Minister for Pensions Steve Webb MP & other events this week

It’s been another busy week for the SPERI team. On Monday 10th February SPERI Research Fellow Craig Berry debated pensions with the Minister for Pensions Steve Webb MP. At the event held by the International Longevity Centre (ILC) UK entitled Linking state pension age to longevity: Tackling the fairness challenge, Ben Franklin presented a new report which outlined issues surrounding the steadily … Continue reading

13 February 2014 by
Categories: Craig Berry, Events, Research Fellows | Tags: , , , , , , , , , , , , , , , , , , , | Leave a comment

Business as usual as City pay soars while manufacturing stagnates

Craig Berry

George Osborne promised a ‘march of the makers’ but as yet there is little sign that a resurgence of manufacturing is helping the economy to rebalance As late as 1980, manufacturing represented around 30 per cent of the UK’s gross value added (GVA) and employed around a quarter of the workforce. But it now represents around 12 per cent of … Continue reading

9 January 2014 by
Categories: British growth crisis, Craig Berry, Economics, Finance, SPERI Comment | Tags: , , , , , , | 1 comment

Why did nobody see ‘it’ coming? And what is ‘it’?

Andy Hindmoor

Systemic risk was the real culprit in the 2008 financial crisis and, with banks continuing to borrow huge amounts, the dangers are still there Why did nobody see it coming? Queen Elizabeth famously asked this question when visiting the London School of Economics in 2008. Along with Allan McConnell at the University of Sydney, I’ve been thinking about the best … Continue reading

10 December 2013 by
Categories: British growth crisis, Finance, SPERI Comment | Tags: , , , , , , , , , , , , , , , , | 1 comment

Videos & photos from SPERI banking seminar

Thank you to all who attended the SPERI seminar ‘The Banking Crisis & The Future of Banking: Reflections from Three Key Insiders’ on Tuesday 15 October. In the event Professor Andrew Hindmoor (University of Sheffield) asked banking insiders Sir John Gieve (former Permanent Secretary for the Home Office and former Deputy Governor for Financial Stability at the Bank of England), … Continue reading

21 October 2013 by
Categories: Events, Video | Tags: , , , , , , , , , , , , , , | 1 comment

Johnny Cameron, John Gieve & Paul Moore to give their insight in to the banking crisis in upcoming seminar

We’re delighted to announce an exciting SPERI seminar, which will take place at the University of Sheffield next month. In the event ‘The Banking Crisis and the Future of Banking: Reflections from Three Key Insiders’, banking experts Mr Johnny Cameron, Sir John Gieve and Mr Paul Moore will give their views of the banking crisis and the future of banking, … Continue reading

17 September 2013 by
Categories: Events | Tags: , , , , , , , , , , , | Leave a comment