The Mifid II reality has been the exact opposite of its noble aims The Markets in Financial Instruments Directive (Mifid) II, which brought in sweeping regulatory reform to financial markets in the EU, was intended to improve competition and transparency. More than a year on from its introduction, it has become clear that it has widely missed the mark. In the wake of the financial crash, improved regulation [...]
DEBATE: As Julian Richer hands over company shares, are staff-owned firms better for the economy? As Julian Richer hands over company shares, are staff-owned firms are better for the economy? Scott Corfe, chief economist at the Social Market Foundation, says YES. Companies with significant employee ownership schemes tend to have higher productivity – which is exactly what the UK needs right now. Poor productivity performance is a key reason why, [...]
