When the global financial crisis came, as Chairman of the House of Commons Treasury committee, I witnessed the power of public spending to mitigate economic calamity. In the decade I led the committee’s work, I also saw the difference spending...
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A mum is tapping on her phone in Southampton. A few clicks on the new Wonga app and she can get a loan. She knows the interest rates are crazy, but the kids are going back to school and they...
Sunday, 15th September marks the fifth anniversary of the collapse of Lehman Brothers that triggered the financial crash.
I think we all remember how, in the aftermath of the crisis, meetings and media were brimming with enthusiasm for how finance could...
As a nation, we are paying the price for not better supporting women at work. The UK Women’s Business Council report ‘Maximising women’s contribution to future economic growth’ published earlier this summer found that there are over 2.4 million women...
Once upon a time, Britain was prepared to give the Tories the benefit of the doubt. They said they cared about poverty; they promised a welfare revolution and they pledged, 'we're all in this together'. Now, three long years on,...
We know what we are against, but what are we for? Ed Miliband struck a chord with many people when he contrasted the evils of ‘predatory capitalism’ with the virtues of ‘productive capitalism’. Almost all of us hate the banks’...