December 22, 2009
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
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
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
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
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
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
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...
October 12, 2009
Despite grandstanding galore from politicians, there is a growing unease at the paucity of substantial change in the aftermath of the financial crisis. Nowhere does this resonate more than in the field of enforcement....
October 8, 2009
Mark hosted a reception this evening in the House of Commons to celebrate twenty-five years of F&C's Stewardship Growth Fund. F&C is a publicly traded investment trust with a long history here in the City of London. Established in 1868 as The Foreign and Colonial Government Trust...
September 30, 2009
Click below link to see more details 16-09-2009Counselling Caution When It Comes 30-03-2009Calling Time On MPs Expenses Scam