Regulating the City: Competition, scandal, and reform

In this book, Michael Clarke reviews, for the first time, the range of regulatory reform in banking, insurance, the Stock Exchange and elsewhere, and assesses its extent and significance. He goes on to raise questions about the role of the government, which has taken an active part in promoting reform. How is it that a government committed to private enterprise is so involved in bringing the institutions at the heart of the City firmly into the public domain of accountability? What are the likely consequences of the government's drive to encourage much wider participation in these hitherto socially exclusive organisations and the financial services they offer?. This analysis of the changing structure of the City in the 1980s will be essential reading for all those interested in the City of London, the sociology of business and the political economy of modern Britain.