A radical overhaul of Britain’s economy is needed to address the UK’s chronic failure to raise the standard of living of millions of workers since the 2008 financial crash, says the the IPPR Commission on Economic Justice.
The Commission includes among its numbers senior figures including Archbishop Justin Welby and Dame Helena Morrissey, one of the City’s most high profile women- who will be speaking at Financial Director’s forthcoming Women in Finance event.
A new regulator for technology firms, similar to those that oversee public utilities such as energy and water, has been called for by the Commission.
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Former Bank of England governor Lord King, a Brexit Supporter, has labelled Brexit preparations as “incompetent”.
He said it “beggared belief” that the world’s sixth-biggest economy should be talking of stockpiling food and medicines.