The news emerged yesterday that the successful publisher Quercus is now up for sale because, according to co-founder Mark Smith, “the publishing industry seems to be polarising around very big and very small companies. It’s difficult for companies of our...
There is a political trend emerging, and it has been a long time coming. Ed Miliband is calling tomorrow for a more diverse banking system. We know his office has been considering an American-style Community Reinvestment Act, which forces the big banks to set up...
This is the first blog post of 2014, and along comes an opportunity to write about one of New Weather’s objectives for the year ahead – beginning to set out the parameters of a new kind of measurement system for public services which doesn’t actively...
Our associate David Boyle has been working with Baroness Kramer in the House of Lords (before she went into government) to develop implementable approaches to creating a new local banking infrastructure in the UK. You can read the results here (Re-banking pdf), and...
Let me start with a rather important paragraph, with apologies for the jargon. “The Commission concludes the CRA was not a significant factor in subprime lending or the crisis. Many subprime lenders were not subject to the CRA. Research indicates only 6% of high-cost...