financial crash

2 months ago

Ten years on: banking beyond the crisis

To mark the tenth anniversary of the global financial crisis, Labour in the City launched an anthology of writing on the future of the financial services industry at a reception at London’s Guildhall with Alistair Darling, the former Chancellor of the Exchequer. More than 150 Labour in the City members heard Lord Darling offer his recollections on his role in stabilising the UK economy at the height of the banking…

2 months ago

An audience with Alistair Darling for the launch of ‘Ten Years On’

  A decade ago, financial markets were in chaos as the economy struggled to absorb the collapse of Lehman Brothers. Policymakers and central banks around the world fought to contain the after effects and avert further catastrophe. Join Labour in the City for an audience with Alistair Darling, Labour Chancellor of the Exchequer from 2007-2010, to talk about how events unfolded at the heart of the crisis, interviewed by our…

3 months ago

The Lehman Trilogy review: where did banking’s purpose go?

By Sophia Morrell, Chair, Labour in the City Ten years on from the financial crisis, both the media and City are replete with perspectives on the crisis. However, none takes so profound a journey as The Lehman Trilogy into the genesis of an institution which is the emblem of a sector that lost its way. The play, written by Stefano Massini and playing at the National Theatre until October 20th,…