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.
A rigged economy?
At least £325bn of illicit finance flows through the UK every year, rising to £788bn when the UK’s overseas territories and crown dependencies are included.
What exactly is Britain’s dirty money problem? Part of it is that the UK and its overseas territories continue to be exploited by corruption-linked networks.
The Rich List is out – here’s some interesting analysis and what should be done. People don’t like the fact that the economy is geared to wealth extraction rather than wealth creation. So here’s how to tax extreme wealth.
The UK’s financial sector policy is torn between two competing objectives.
What’s in the Financial Services Bill and why it should be amended to serve the millions excluded from fair financial services.
The US approach to crypto has terrified opponents of money laundering.
Here’s why Europe doesn’t need Stablecoins. And why politicians should worry less about bond markets.
An unstable economy
IMF warns that AI models could create financial crises and other leading figures join the chorus of concern. So could the threats to the food system from biodiversity loss, climate shocks and conflict.
A green economy?
Sooner than you think, electricity is going to be cheap, abundant, and boring.
JP Morgan wakes up to the impacts of climate tipping points (kinda).
And also
Sooner than you think, electricity is going to be cheap, abundant, and boring.
JP Morgan wakes up to the impacts of climate tipping points (kinda).