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The City needs rehab; it’ll say ‘no, no, no’

In Blog by Ian Fraser1 Comment

11 August 2011 When my ex-boss Roger Neill launched the Centre for Creativity at City University London in winter of 2009, he staged a “Big City Brainstorm” which pulled together a diverse group of people – including several from the City of London. Roger and other people behind the Centre for …

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Mervyn King makes case for radical bank reform

In Blog by Ian Fraser0 Comments

8 March 2011 It’s virtually unheard for the governor of a central bank to launch an outspoken attack on the integrity and purpose of his country’s banking sector. But this is what the Bank of England governor Mervyn King did last weekend. In an interview with former Telegraph editor Charles …

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Project Merlin doesn’t do what it says on tin

In Blog by Ian Fraser4 Comments

8 February 2011 Project Merlin, the wizard scheme originally dreamt up in 2010 by ex-Barclays chief executive John Varley and RBS chairman Sir Philip Hampton, in the hope of  appeasing the government and drawing a line under the “banker bashing”, has descended into farce. The project started as bankers believed …

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The terrifying reality of living in a post-bubble world

In Blog by Ian Fraser1 Comment

27 October 2010 This round-table event organized by the AEI (American Enterprise Institute for Public Policy Research) is long but worth watching if you have any interest in the future of banking and economics. I’ve just watched the video and found parts of it frankly terrifying. If you believe these speakers, …

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Will Osborne’s shock therapy ‘kill or cure’ the English patient?

In Blog by Ian Fraser2 Comments

26 June 2010 Britain’s new chancellor, George Osborne, has this week come in a volley of abuse from neo-Keynesian economists, left-wing commentators and opposition Labour MPs. His critics are enraged by his decision to “supplicate before the market Gods” and “recklessly endanger Britain’s economic future” by imposing an austerity budget …

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Putting the house in order

In Article Library by Ian Fraser0 Comments

By Ian Fraser Published: Accountancy Magazine Date: 1 June 2010 With a new coalition government tackling the nation’s finances, political flash points will appear, warns Ian Fraser With the unprecedented political horse-trading of 7-11 May now behind it, and the coalition government of prime minister David Cameron and deputy Nick …

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“We’re creating a Great British bank”

In Blog by Ian Fraser4 Comments

10 November 2009 One of the great unanswered questions about Lloyds TSB’s rescue takeover of HBOS which, despite the claims made in the above video, is the extent to which the Lloyds board was ‘hoodwinked’ by the board of HBOS. During the heated talks in the Halifax company flat in …