Bankers and bonuses: What has the City ever done for London?

Monday 4 October 2010, 18.30 – 20.00 Conference Centre, British Library Price: £6 / £4 concessions

Bankers and Bonuses: What has the City ever done for London?Since the establishment of the Royal Exchange in 1565, London has grown rich from its status as an international banking centre. Innovations in finance have facilitated innovation across society.

But recent events and the backlash against bankers raise important questions. Can banks return to their role of supporting innovation to fuel the growth of London? Have we become too reliant on banks? Should we curb their power?

Speakers and chair

Daniel Ben-Ami, financial journalist, author of ‘Cowardly Capitalism: The Myth of the Global Financial Casino’ and ‘Ferraris for All’; Billy Bragg; Luke Johnson, entrepreneur and chairman of Risk Capital Partners; Lord Layard, Emeritus Professor of Economics, Centre for Economic Performance, London School of Economics and Political Science; John Micklethwait, editor-in-chief of The Economist. Chair: Paul Mason, economics editor, Newsnight

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Future City debate: Bankers and Bonuses: what has the City ever done for London? from Laura North on Vimeo.