In this article, Michael Higgs discusses Sharia Law, and whether it’s principled financial system should be applied to the currently unprincipled U.K financial system
In this article, David Jeffery explores how capitalism itself can be used to force banking reform and how the power of demand can create more ethical high street banking.
In this review, Marc Geddes highlights Will Hutton’s recent book on the importance of equality of opportunity and the high value that society needs to place on creating a more balanced, just society.
Earlier in February 2011, Canvas and Sheffield Debating teamed up to poll the general student community of government cuts – what would YOU cut?
Recently, Chancellor George Osborne announced an increase in his ‘Bank Levy’ on banks in the City in order to raise an extra £800 million, thus taking the total sum to be ascertained by the government to £2.5 billion. In reaction to this, the City released rather foul rumblings and bitter comments, with an apparent conference due swiftly between heads of the major banks in the City to discuss their official reaction to the levy raise – namely whether to press on with reaching an agreement on lending and bonuses with the government, by the name ‘Project Merlin’, or whether to abandon talks in an effort to ‘throw their toys out of the pram’ to display their anger at recent decisions. The question is therefore raised, on what grounds can the banks, who cost the economy and eventually the taxpayer so much, morally claim any high ground over the government and storm out of talks aimed at making the banks contribute more to the economy they so badly damaged?