Latest: Research
A new report by respected City figure and former senior banker Avinash Persaud challenges the arguments used by some of his peers and the Government to oppose a Financial Transaction Tax (FTT).
Professor Persaud, who was previously head of Currency and Commodity...
By Stephany Griffith-Jones and Avinash Persaud.
Far from sending taxpayers rushing for the exit, this tax gets more foreigners to pay it than any other.
“All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” Arthur Schopenhauer could have been describing the journey of...
The introduction of a Financial Transaction Tax (FTT) in Europe could benefit the European economy and raise the level of growth, according to a study written by two prominent economists, Professors Stephany Griffith-Jones and Avinash Persaud.
Professor Stephany Griffith-Jones confirmed the...
Research by the Guardian has shown that in 2010, the average remuneration for 1,265 senior staff at eight City banks was £1.8m: almost 75 times the average UK wage.
The Guardian found that the average pay deal was £1m or more for employees who were seen to have the most influence over risk-taking activities at their firms....
