Monthly Archives: May 2014

What happens now the golden goose is dead?

Investment banking is dead, say the pundits, and British investment banking has fallen further and faster than most. Well, OK, not quite all the pundits but Stefan Lewellen seems to be in a minority on this one. Frances explains why: … Continue reading

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Women at the top: will shareholder pressure speed things up?

There have been a few shareholder revolts over pay recently but we don’t often hear of investors kicking up about diversity. After all, it’s one of those politically correct HR-ish initiatives that no-one really cares about….isn’t it? Not according to some … Continue reading

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Population panic

Thanks to Thomas Piketty, lots of people are talking about population growth, or rather, the lack of it. He cites it as one of the reasons for the growth in inequality. Most obviously, low population growth means fewer children keeping a … Continue reading

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Has inequality increased and does it matter?

John Rentoul wrote a piece yesterday saying that inequality hasn’t increased in recent years. He does that every so often. Using a chart from yesterday’s ONS report on Wealth in Great Britain, he showed that the Gini coefficient for total wealth has … Continue reading

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Another jump in self-employment: Structural? Cyclical? Who knows?

Another month, another set of employment statistics, with headlines about employment reaching its highest level since records began. Once again, the self-employed are largely responsible for the surge over the last quarter. It’s clear from this ONS chart where the … Continue reading

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The self-employed earnings crash

We know there has been a collapse in self-employment earnings. The Resolution Foundation’s findings last week reinforced what the data from a variety of sources have been telling us for some time. The pay of the self-employed has fallen further and faster than … Continue reading

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Rule of the Clan

Last week, David Cameron’s brother, working without pay, caused the collapse of a fraud trial on the grounds that, because of legal aid cuts, the defendants could not get proper representation. It is a challenge to government policy mounted by a senior … Continue reading

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