Author: LFIG Editor

Tribute to Sir Sigmund Sternberg

 Last year we were very sad to record the death of Sir Sigmund (“Sigi”) Sternberg.   Sigi was one of the original founders of Labour Business in 1972, and supported it throughout his life.   We publish an appreciation of his life by his son, Michael Sternberg QC. Sir Sigmund Sternberg (“Sigi”) – my father – who… Read More »

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Editorial: On Course…for the Rocks

on course for rocks autumn statement 2014

The Chancellor declared in his Autumn Statement that Britain was on course for a budget surplus, growth and national recovery. Yet at the outset he had staked his credibility on removing the deficit within this Parliament. Not only has the government failed in this overarching goal, but the deficit is unlikely to be eliminated until… Read More »


The Dawn of Virtuous Finance and the Public Good

david phillips global financial stability

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 »