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Accounting for banks: a new broom

George Osborne, the new Conservative Chancellor of the Exchequer, has moved very rapidly to reform financial regulation in the UK. There can be little doubt that the old system has failed. As he...

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IMF’s Limited Financial Wisdom

Once a year or so the International Monetary Fund (IMF) kindly carries out a review of the UK economy. The Irish would advise, of course, that the IMF does not always demonstrate an unusually high...

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