The UK government’s risky rollback of financial regulation threatens long-term growth
- Written by Nick Kotucha, ESRC Postdoctoral Fellow, University of Warwick
The financial crisis of 2008 left deep scars on the British economy. The average UK household is now estimated to be 16% poorer than it would have been had that crisis never occurred.
Given that average annual household income is around £55,200, this suggests each one is losing out to the tune of £8,800 per year.
Globally, it is...







