financial sector

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…

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,…

2 years ago

How could Labour create a progressive financial services policy?

Regardless of who triumphs in the Labour Party’s leadership contest, it is worth considering how the party could construct a progressive financial services policy programme based on both its ideology and values and recognising the value of a robust financial sector. A fresh agenda in this area may now be worth pursuing given the ongoing global debate on reform of the financial system and corporate governance and the new Prime…