08/15/2012

And finally… HMRC’s latest weapon – child tax spies?

In the Soviet era, children were recruited to inform on their parents. While we support HMRC in its reasonable efforts to manage the tax system, recruiting children in to a Stasi-style venture might, we suggest, be going a little too far.

08/13/2012

UK banks must correct cultural failures

If the Olympics have reinforced the UK's reputation for honest competition and fair play, the City of London has a long way to go to reclaim those virtues for itself.

08/12/2012

A US sledgehammer to crack Standard Chartered

Peter Sands, the chief executive of Standard Chartered and until last week the High Priest of banking virtue, must be wondering what he's done in a previous life to deserve the attentions of Benjamin Lawsky.

08/07/2012

Leeson: Rogue trader culture is more rife than ever

With banks reeling from numerous scandals and the London financial district under intense pressure to reform itself, Mr Leeson said that unless punishments are increased traders will continue to run amok.

08/07/2012

The Evolution of Investment Reporting by Phil Banas

In his book The Origin of Species, Charles Darwin laid out his theory of evolution, in which he theorized that effective adaptation to their environments led certain organisms to survive and flourish, while those that did so less well fell by the wayside

08/07/2012

Burgernomics: the Big Mac Index

The index is not perfect and the relationship does not hold in reality because of a number of factors, but it is useful in highlighting big anomalies. Thus on a light-hearted look, Big Macs are now cheapest in Hong Kong and cost less in London than Zurich

08/06/2012

The Mess We’re In by Tim Price

The latest offering¹ in the increasingly crowded pantheon of financial crisis porn stands apart from its competitors for at least three very specific reasons: