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Category: News & Articles

  • December 22, 2009

    Addressing Family Recovery Issues Locally

    We live in a fractured society. Amongst other developments the rise of the internet, multiple media outlets and global travel, on a scale unimaginable a couple of decades ago, have wrenched apart the traditional guises of community and common experience. The rise of anti-social behaviour, sickening media reports of child abuse, the increase in violent crime and the trappings of a woefully inadequate benefit system all reflect utter social transformation in many of our communities. This sense that society is, in some part at least, broken has attracted many newspaper headlines and, in response, some tough-sounding policies from central government
  • December 22, 2009

    Reforming The City

    Collectively our nation was lulled into a false sense of security by the clement economic conditions that prevailed for a decade from the mid-1990s, alongside a delusional sense that the good times would be here forever.
  • December 22, 2009

    The Battle Of The Bonuses

    The relentlessly breathless press coverage of the financial crisis over the past two years may have persuaded the electorate that we have already been through the worst of the recession. The truth is that such optimism is dangerously unwarranted. The economic reckoning for the general public has yet to begin.
  • December 22, 2009

    The Economic Perils Of Political Uncertainty

    The relentlessly breathless press coverage of the financial crisis over the past two years may have persuaded the electorate that we have already been through the worst of the recession. The truth is that such optimism is dangerously unwarranted. The economic reckoning for the general public has yet to begin.
  • November 18, 2009

    The Future Landscape Of Global Finance

    Such colossal sums of global taxpayers' money have been spent and immense government guarantees continue to underpin the financial system that it is remarkable how little agreement exists to what constitutes the point at which the banking industry can be said to be fixed.Less still is there any emerging consensus as to the ideal future landscape of the financial services world.This is no mere academic issue. The imperative to start repaying borrowing at the earliest opportunity cannot be overstated...
  • November 4, 2009

    Another Dismal Day For Parliament

    Listening to some of the early responses to the Kelly Report fills me only with a mixture of disbelief and deep foreboding. The campaign from certain quarters of the House of Commons to dilute its headline proposals betrays a continued failure to appreciate the scale of public anger at the perceptio...
  • November 2, 2009

    Competition: The Ultimate Consumer

    Open competition is an absolute necessity as the ultimate consumer safeguard. Last month I concluded that government should give serious thought to adapting the role of the Serious Fraud Office and implementing a new, radically improved US-style system for the investigation and prosecution of financ...
  • November 1, 2009

    Summer Reading

    The following article was published today in the magazine of Mark's local Association, Blueprint. As I have included with this Blueprint a collection of some of the financial writings and speeches that I have made over the last eighteen months I wanted to write in a more cheerful way about the oppo...
  • October 22, 2009

    Sounding The Last Post For Royal Mail?

    Any organisation whose performance and reputation declines as precipitously as the Royal Mail's in recent years cannot expect to survive. Battered by the rise of the internet, competition from leaner and more flexible rivals, a massive pensions shortfall and an increasingly truculent workforce, this...
  • October 15, 2009

    Review Of Parliamentary Expenses

    As an inner London MP I am disbarred from claiming for a second home allowance. Furthermore I have never employed or remunerated from public funds any member of my family. I was given a clean bill of health by the Daily Telegraph in its "Expenses Files 2004-2008" enquiry published in...