Simon English

When greed became good

Iain Martin argues that the deregulation of the stock market 30 years ago was, on balance, beneficial— and established London as the world’s leading financial centre

issue 05 November 2016

We financial hacks have been encouraged, indoctrinated perhaps, to think that London’s Big Bang was a Very Good Thing. That moment in October 1986 when the City threw off old shackles and embraced global finance, ditched boozy lunches and chased money like never before was a result for us all — so we’ve been led to understand.

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