City of London
Robin Mcalpine: The London Productivity Miracle is an illusion; Scotland has to catch up with modern economics
Common Weal Director Robin McAlpine looks at a new academic report which finds that Boris Johnson’s conception of the London productivity miracle is illusory – and we should reject centralised economic strategies in Scotland as well as the UK
OUR new Prime Minister (jeez) famously said “A pound spent in Croydon is far more valuable to the country than a pound spent in Strathclyde. Indeed it would generate jobs and growth in Strathclyde far more effectively if you invested in Hackney, Croydon or other parts of London.”
Corporate capture of EU member-states in Brussels ‘very high’ and ‘getting worse’, think-tank finds
‘Captured States: When EU Governments are a channel for corporate interests’ challenges “nationalist rhetoric” which sees “blaming the EU ‘appartus’ alone” as a sufficient explanation of EU corporate power
4 key reasons why London’s status as a global centre for financial corruption is no accident
As MPs urge action on Russian money laundering in the City of London, CommonSpace looks more closely at the depth of corruption in the City
A REPORT BY the House of Commons foreign affairs select committee has argued that government inaction on money laundering has allowed Russian “kleptocrats and human rights abusers” to hide “dirty money” – but how far will proposed reforms go to addressing systemic corruption in the City of London?
New analysis shows Tories bankrolled by richest UK hedge fund managers
Labour say analysis proves the Tories are in the pocket of the City of London
NEARLY half of the UK's wealthiest hedge fund managers fund the Conservative party, research by the Labour party has shown.
A hedge fund is a business vehicle which pools capital from a number of financial investors, and the managers of big hedge funds in the City of London are among the UK's wealthiest people.