On Thursday 12th September, the Progressive Economy Forum (PEF) hosted an event in conjunction with Stamp Out Poverty on ‘Making the UK A Citadel of Long-Term Finance: A Comprehensive Financial Transactions Tax Proposal’.
Professor Avinash Persaud (Chairman of Intelligence Capital, Emeritus Professor of Gresham College) presented Intelligence Capital’s new paper Reinforcing Resilience: Making the UK a Citadel of Long-Term Finance.
The paper by Keval Bharadia (Former Head of Derivatives Product Management, London Stock Exchange) and Laurey Boughey (Research and Policy Officer, Stamp Out Poverty) builds on the findings of a 2017 paper on Financial Transaction Taxes and sets out the case for a comprehensive approach.
He was joined by the Shadow Chancellor Rt. Hon John McDonnell who spoke on Labour’s economic programme and the role a Financial Transaction Tax would play in it. Commenting on the paper were PEF Council member Professor Stephany Griffith-Jones and Director of Stamp Out Poverty David Hillman. The event was chaired by Patrick Allen, founder of PEF.
You can read Intelligence Capital’s paper Reinforcing Resilience: Making the UK a Citadel of Long-Term Finance here. You can watch the recording of the event below.
Photo credit: Flickr/Peter.
