After the 2007-08 crash the UK state found £1,162bn (£133bn cash + £1,029bn guarantees) to rescue banks. £895bn QE.
Economy is yet to recover.
Average real wage hardly changed since 2008.
Finance being deregulated again.
Cost of the next crash?
Prem Sikka is an Emeritus Professor of Accounting at the University of Essex and the University of Sheffield, a Labour member of the House of Lords, and Contributing Editor at Left Foot Forward. Th...