Estimated to be spending £100m over its targeted budget, UKTI is not delivering enough exports to justify its costs. This report argues that UKTI is representative of some of the worst inefficiencies of the bloated quango state. 

Despite all the heated exchanges over UK Prime Minister David Cameron’s plan to renegotiate Britain’s membership of the EU, whether the UK stays in or leaves the EU may not be critical for the City. Far more important, says Tim Ambler, is the need to create a single global market for financial services. In such a global market, the potential for such a leading-edge financial services provider as London is unlimited.

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Why the Financial Conduct Authority will not be fit for purpose and should be scrapped in favour of a strengthened consumer ombudsman.

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In this response to the Vickers report, financial experts Tim Ambler and Miles Saltiel argue that the report's findings fail to address the root causes of the financial crisis and would create another layer of bureaucracy. Instead, the government should allow the creation of new "Trust Banks" that would be safely run, reduce arguments for protection of riskier banks, and introduce new competition to the high street.

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