Labour's proposals aren't radical enough for the City

Article Abstract:

Recent scandals have highlighted the need for changes to financial regulation in the UK. The Labour party has taken an approach which includes some changes but may not be wide-reaching enough to cope with the financial markets of the 21st century. In this way, extensive disruption will be caused but there will be few real benefits. Most City leaders are now putting forward proposals for changes to financial regulation which go much further than those of the Labour party.

Laws, regulations and rules, Financial services industry, Financial services, Column

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Weak sterling overshadows market hopes

Article Abstract:

Financial dealers found that the possibility of a reduction in British interest rates had more effect on trading than the result of the French referendum. The low majority in the yes vote means little change for the pound sterling but would affect the French franc. It creates doubt about the viability of Economic and Monetary Union. Although many London, England finance firms were working on Sunday Sep 20 1992 little business was being done.

Europe, Economic aspects, Finance, International aspects, Interest rates, Pound (United Kingdom), Money market, Money markets, European Economic Community

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Rail rhetoric overshadows new Labour partnerships

Article Abstract:

The Labour party's industrial policy appears to contain a number of contradictions. There have been hints that it plans to renationalise the railways, but it has also announced links with BT which it has heralded as a new departure in public and private sector cooperation. Partnerships with industry now form a key element of the party's industrial policy, with direct intervention having been abandoned.

Analysis, Industrial policy

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