‘Banking on Recovery: Towards an Accountable, Stable Financial Sector’, by Lord McFall, S. Kamall, G. Lyons, R. Roberts, F. Capie, G. Wood, K. Matthews, D. B. Smith, M. Powell, E. Michaels and S. Lawlor



Read Stephen Hammond MP’s response to the publication.

Publication: Thursday 21st of April 2016

The financial crisis of 2007/8 and its causes still loom large in the debate about Britain’s economy and its recovery. While politicians and economists agree on some of the main contributing factors and the broad principles needed to guide future policy, there is less certainty about next steps. How should the law be shaped? Are the UK government and its European counterparts on the right tracks?

In this volume, some of Britain’s leading UK economists and politicians in the field, reassess the crisis, the regulatory response and the wider implications. They contrast the turbulence of recent decades with the stability of the preceding century; they discuss the different factors leading to the crisis, including some hitherto largely ignored; and they show where the official response has been and continues to be flawed, badly timed and damaging. They recommend where the government should change its focus, and they propose a clear set of principles and a practical course for a stable, prosperous and successful global industry.

Banking on Recovery: Towards an accountable, stable financial sector,   is available from Politeia 33 Catherine Place, SW1E 6DY


To the Authors:

Professor Forrest Capie, (0) 20 7040 8951, F.H.Capie@city.ac.uk

Professor Geoffrey Wood, 01206 872375, geoffrey@ewood.myzen.co.uk

Professor Richard Roberts, 020 7848 7049, richard.roberts@kcl.ac.uk

Professor Kent Matthews, 029 208 75855, MatthewsK@cardiff.ac.uk

Professor David B. Smith, 01923-897885, xxxbeaconxxx@btinternet.com

Melanie Powell, 01332 591432, M.J.Powell@derby.ac.uk

Dr Eugene Michaels, 07702790193, E.I.Michaels@derby.ac.uk

Dr Syed Kamall MEP, +32 2 284 57 92, Syed.Kamall@europarl.europa.eu,

Lord McFall, john@johnmcfall.com

Dr Gerard Lyons, 020 7983 5853, Gerard.Lyons@london.gov.uk

Dr Sheila Lawlor, 020 7799 5034, secretary@politeia.co.uk

Politeia Press Desk, Jocky McLean, 020 7799 5034, press@politeia.co.uk