So even the tin ears in the City are now railing against excessive pay at the top. A study by Share Centre found that 95% of institutional investors now believe pay is too high across all leading companies, not just the banks. Very observant of them. The real question is what should be done about […]
Posts Tagged ‘Regulation’
Iceland puts on trial those responsible for the crash. Why doesn’t Britain?
Mar 12th, 2012 by Michael Meacher.Iceland had a spectacular economic collapse in October 2008 which bankrupted the country. This followed two decades in which right-wing governments engaged in an orgy of financial deregulation, launching a bonanza for its bankers with plentiful credit for its citizens, weak financial oversight and an unspoken rule not to ask too many questions but keep […]
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Miliband man versus Tesco monster
May 5th, 2011 by Michael Meacher.Britain is a sleepy nation until a riot wakes it up. The hated poll tax trundled on until mass riots triggered its demise, taking Thatcher with it. Tax dodging on a colossal scale continued unimpeded until UK Uncut shut down Vodaphone and Top Shop in Oxford Street and made Philip Green’s £2bn tax-free dividend to […]
