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The Serious Fraud Office is conducting a formal criminal investigation into accounting practices at Tesco. In contrast, the Financial Reporting Council, whose primary remit is to regulate accounting, is…
Greed is still good. Wall Street has just witnessed its largest ever stock market launch as Chinese internet giant Alibaba raised some $25 billion and watched its share price rise by 35% on its first day’s…
The latest survey on the basic understanding of financial terms like “loan”, “interest rate” and “budget” makes for shocking reading. The Money Advice Service surveyed 3,000 adults and found that 32% did…
The crash of 2008 revealed an ethical crisis in banking, one of our most powerful and critical industries. To encourage bankers to clean up their act, proposals including caps on bankers bonuses, better…
The global crash of 2008 kicked off a furious debate in the UK about whether or not the City of London is a real asset to the economy. There was huge anger about the multi-billion bail-out of failed banks…
When the chairman of the ethical Co-operative Bank was recently caught on camera purchasing drugs, it became a major news story. But the links between drug-taking and Wall Street or the City of London…
Foundation essay: This article on the indignant generation by Simon Hallsworth, head of the School of Applied Social Sciences at University Campus Suffolk, is part of a series marking the launch of The…