The real lesson of the alleged Kweky Adoboli fraud at UBS isn’t that the Vickers reform requiring ring-fencing between the retail and investment arms of banks should be implemented far quicker than 2019 – though that should certainly be the case. It’s rather that Vickers, after 18 months’ investigation, missed the point. The central problem […]
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Left Futures is a new Labour Left network. If you want to get involved as a contributor, please contact James Elliott, using the form on this page. Header images: Wind farm [credit]. Balloons [credit] and crowd scene [credit].
