Financial Services

EU Financial Market Regulation: A Strategy of Raising Rivals’ Costs
Professor Roland Vaubel 

French EU bureaucrats have used the strategy of raising rivals' costs in other fields before, and will do so again to undermine the City of London. Under qualified majority voting, the majority of highly regulated countries (say, France) have an incentive and the power to impose their high level of regulation on the minority of more market-oriented countries (say, the UK) in order to weaken the latter's competitiveness. In the political economy literature, this is called "the strategy of raising rivals' costs"

The EU’s latest financial threat
The Rt Hon. John Redwood MP 
Gabriel Stein 

John Redwood MP discussed the threat to the City of London from the EU's AIFM Directive. Also at this event the respected economic commentator Gabriel Stein talked on the current economic outlook/problems for the euro area, including looking at the history of previous monetary unions and the technicalities involved in leaving the euro

The City of London Under Threat
Professor Tim Congdon 

Bruges Group research shows that the EU’s proposed financial services regulations are set to destroy thousands of well-paid jobs in the City of London. These jobs – like those in manufacturing – will be forced out of the UK; losing Britain many talented professionals. Almost certainly the financial services industry will go to Asia. The EU now threatens the long term prosperity of the City of London and, by extension, the London and UK economies

The City Under Threat & Britain and the EU: The Crunch
Professor Tim Congdon 
Daniel Hannan MEP 

The leading economist Professor Tim Congdon warns of the dangers posed by the EU’s unwarranted interference in the City of London, Britain’s most successful industry; which is under threat from the EU. Professor Congdon discussed the EU’s latest power grab where Brussels is aiming to complete its project to take full control over financial services. Daniel Hannan MEP discussed the Lisbon Treaty and the continuing assault on our democracy and our freedom. He also talked about the coming crunch between Britain and Europe

The Political Economy, the Financial Crisis and Anglo-American Strategy
Andrew Roberts 
Dr Irwin Stelzer 

Historian and broadcaster Andrew Roberts spoke alongside Dr Irwin Stelzer who is a respected economic and political commentator

The EU's Threat to the City of London
Professor Tim Congdon 
Professor Kenneth Minogue 

Professor Tim Congdon CBE delivering a eurosceptic critique of the EU's FSAP and MIFID plans. Professor Kenneth Minogue also discusses the European Union

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Eat the Pound: Online Game

Published Papers


Saying 'No' to the Single Market


Montgomery and the First War on Terror


UK’s risks and exposure to the EU


German Economic Policy and the Euro


A Lesson in Democracy


A Crisis of Trust


The City of London Under Threat


Cool Thinking on Climate Change


Are the British a Servile People?


The Costs of Regulation


The Principles of British Foreign Policy


Lost Illusions: British Foreign Policy


The Case for EFTA


Plan B For Europe


Will the EU's Constitution Rescue its Currency?


Galileo: The Military and Political Dimensions


The Fate of Britain's National Interest


Health and the Nation


Criminal Justice and the draft Constitution


Subsidiarity and the Illusion of Democratic Control


A Constitution to destroy Europe


Giscard d'Estaing's "Constitution": muddle and danger presented in absurd prolixity


Free Speech: The EU Version


Federalist Thought Control


Democracy In Crisis


European Union and the Politics of Culture


Britain and Europe: The Culture of Deceit


The Bank that rules Europe?


Conservative MEPs and the EPP: Time for Divorce


Bruges Revisited


Aiming for the Heart of Europe: A Misguided Venture


Is Europe Ready for EMU?


A Single European Currency: Why the United Kingdom must say 'No'


From Single Market to Single Currency