British technological failures have been compounded by a political phenomenon I have come to think of as “great leap forward syndrome”. The idea is that the best way to compensate for stumbles and missteps is to move, at one bound, ahead of the field.
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30 October 2013, Financial Times
23 October 2013, Financial Times
If I had a million pounds for every time I have heard a possible reform opposed because “it wouldn’t have prevented Northern Rock or Lehman Brothers going bust”, I might now have enough money to bail out a bank.
02 October 2013, Financial Times
Negotiations over Scottish independence are framed by the observation that neither the rest of the UK nor the EU has anything significant to gain from such negotiation – or any wish to conduct such negotiation at all.
26 June 2013, Financial Times
Globally, the Bank of England has been the main source of fresh and sceptical thinking on the future of the financial sector. While this has won it few friends in the City of London, such unpopularity is a mark of success not failure.
19 June 2013, Financial Times
Corporation tax is a tax on corporate activity and on shareholders, and it is not well designed to achieve either purpose.
22 May 2013, Financial Times
The financial crisis left a few individuals responsible for it very rich while its consequences made millions not responsible for it much poorer. If this involves no crime, then we have failed to define or prosecute crime appropriately.
13 March 2013, Financial Times
For a time, the coalition government seemed willing to let figures tell their own story rather than one written by their political advisers; but that time seems to have passed.
06 February 2013, Financial Times
If trust and confidence in financial intermediation are to be re-established, principles of loyalty and prudence are a prerequisite.
09 January 2013, Financial Times
There are many similarities between this response to the press crisis of 2011 and the reactions to the financial crisis of 2008. In both cases the demand for better processes and new rules largely missed the point.
28 November 2012, Financial Times
Ireland accounts for a share of global profit disproportionate to the size of the Irish economy. Not because business in Ireland is particularly successful but because reporting profits in Ireland is particularly attractive.
25 June 2008, Financial Times
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