Latest editorial
FORMER Bank of England head Mervyn King has echoed the words of the Labour left in predicting another financial crash, shadow chancellor John McDonnell said yesterday.
The bank’s governor between 2003 and 2013 said another financial crisis is “certain” and will come “sooner rather than later” as regulators fail to reform banking.
“Mervyn King is today echoing the warning I, along with many others, have issued to the Chancellor [George Osborne] — that his relaxed oversight of the bankers is putting us at risk again,” Mr McDonnell said.
JOHN GREEN argues that the spreading practice of closing bank account without proof of criminality is an infringement of an elementary human right
SOLOMON HUGHES asks whether Labour ‘engaging with decision-makers’ with scandalous records of fleecing the public is really in our interests
Our two-tear Chancellor’s woes at PMQs caused a multimillion-pound sinking feeling on the bond market, writes ANDREW MURRAY