“The crisis has particularly hurt the more vulnerable people in our society, who may be unemployed and have lost their homes as well. I think that the public now expects more consideration of their needs.” (Professor Robert Shiller, 2009 winner of Deutsche Bank Prize in Financial Economics)
The City has an important role to play in rebuilding London's balance sheet and supporting initiatives that benefit the capital. There has been a lot of chatter about excessive bonuses in the banking sector. We are far more interested in dealing with the other end of the spectrum; relieving excessive poverty and unemployment.
We can see that the financial services sector is taking ‘corporate social responsibility’ seriously and we are keen to engage London stakeholders in a dialogue about how we can collaborate to achieve shared aims and objectives.
