Financial penalties expected to hit British banks for Forex rigging will do little to tackle financial crime in the City of London as regulators continue to prioritize high finance over ordinary citizens, experts warn.
Economists have dismissed the findings of a poll that suggests a majority of British voters continue to back austerity as ideologically framed tripe. They argue further deficit reduction is a choice, not a necessity.
White-collar criminals who launder billions by buying luxury UK properties must be tackled, Prime Minister David Cameron said on Tuesday. Experts warn these fraudsters are distorting the UK property market and pushing up house prices in the process.