Anne Richards: Industry must work hard to improve its standing

Making capitalism work for all

No political consensus lasts forever - at least not without reform. The pre-eminence of the liberal economic order prior to the global financial crisis might have tempted us to think that this time would be different.

Instead of political convergence, however, we have witnessed growing fragmentation across many Western democracies over the past decade. There has been a polarisation of political views in response to the financial crisis and its fallout. Voices that oppose the economic system, and the role of global finance and international trade within it, have grown louder. Bank of England warns Brexit remains a 'material risk' to UK economy  Yet there are risks that proposed solutions could mean 'throwing out the baby with the bathwater.' Unless many widespread concerns are successfully addres...