As an affiliated society to the Labour Party, the Labour Finance and Industry Group is the prime network and policy forum for progressives working in or interested in finance, enterprise and industry in the UK. Whether you are a business or finance veteran or a student, recent graduate or aspiring entrepreneur, LFIG would love to hear from you.
We are constantly drawing in policy and business innovators, employers and employees who do so much to create the wealth that sustains all parts of the United Kingdom.
As Welsh Labour party members convened for the Welsh Labour Party Conference in Llandudno on the 28-30 March, Labour Finance and Industry Group was proud to launch the public consultations on the Report on Using Public Procurement to Promote Labour's Values.
EDITORIAL: Yet another major financial institution made the headlines recently with Lloyds Banking Group’s £218 million fine, paid to the UK Financial Conduct Authority (FCA) and various US financial regulators over its manipulation of LIBOR and the Special Liquidity Scheme, a rate used by the Bank of England. These follow similarly hefty fines by other... Read More »
At the Inclusive Prosperity Conference earlier this month, Ed Miliband firmly voiced his support for business adding that ‘dynamic entrepreneurship is key to our future success.’ Traditionally, it is the Conservatives who have been perceived as the party of choice for business. Labour, however, is determined to prove that it still means business and if... Read More »
The savings and investment industry is a vital one as no government will be able to plug the savings gap crisis or the alarming increase in pension poverty – in Britain, it’s simply not a good place to grow old. Readers may well know the statistics – we have 1.8 million pensioners living in poverty... Read More »
The one-size-fits-all approach from the Basel Committee on Banking Supervision has, inevitably, run into various challenges. Not surprisingly from London where Mark Carney, Governor of the Bank of England. On the one hand Mr Carney would like to make it easier for smaller ‘challenger’ banks to lend to the ‘small to medium enterprise’ (SME) sector... Read More »
Energy is the front line. Energy is an intensely political area of business. It always has been. And it could be no other way given a fairly recent history where Government ran generation and supply centrally. Many of our existing energy assets were built under a centralised model. This was changed through political consensus to... Read More »
As a One Nation Labour Party we need to expand our horizons beyond haphazard thinking on rural issues in order to secure a sustainable economy for Britain’s countryside and reach out to the rural electorate. What must be recognised is that rural areas are subject to an intrinsic ‘separation’, a root cause of so many... Read More »