Our monthly round-up of news, ideas and initiatives related to transforming the UK financial system for people and planet, compiled by the Lab’s CEO, Jesse Griffiths.
Integrity – or lack of it
HMRC faces major problems in its efforts to crack down on tax dodging, and the numbers of prosecutions of the firms that help tax dodgers have collapsed. Little wonder then that the UK collects just 3% of fines from offshore firms that breach property transparency rules.
How good is the UK at enforcing anti-corruption rules?
How the legal sector enables kleptocracy.
The climate economy
Cambridge Uni and the UN are moving £750 million of their pension funds to a new climate bond index.
Here’s how the National Wealth Fund could drive up investment in the just transition.
3 degrees of warming could wipe 40% off the world’s economy or even mean no functioning financial system.
Is the next financial crisis here yet?
It’s been quite a month for financial markets, with a US policy-created financial crisis narrowly averted, despite underlying global problems meaning the UK government should focus more on risks to global financial stability – which the IMF warns have risen sharply.
The Bank of England warns of the systemic financial risks caused by AI, but doesn’t go far enough.
The demise of the pound sterling as an international currency has lessons for the dollar.
And also…
Who gets access to Ministers and civil servants?
And finally…
A brilliant visualisation of what is happening to international aid.

