Welcome to the Finance Lobbying Portal on Powerbase
Powerbase's Finance Lobbying Portal aims to guide you around some of the companies, lobbyists and think tanks involved in finance sector lobbying in the UK and the EU.
Since the crash of 2008, British taxpayers have shelled out an incredible £1.2 trillion on bailing out and propping up the banks, according to the IMF.
Five years on, the UK’s financial scandals seem never-ending. Money laundering, interest-rate rigging, product mis-selling, IT meltdowns, tax dodging, sanctions busting – few big names remain untainted.
Despite all this, the City continues to enjoy a cosy relationship with our politicians and policymakers. Its intense lobbying alongside big business has helped rewrite corporate tax laws in its favour and push back against new regulations designed to prevent another crisis.
The Conservative Party gets over half its funding from City financiers. Behind closed doors, government ministers such as ex-banker Lord Sassoon, the Commercial Secretary, make no secret of where loyalties lie.
“This is a right of centre, market-driven government … a government with a number of bankers in its ranks, led by a Prime Minister who is proud to say he comes from a stockbroking family,” he told the British Bankers' Association at its inaugural summer lecture in June 2012.
Powerbase can be made more effective if more people join the project. If you have research or writing skills or just spare time, you can help.
If you are unsure where to start, you could expand some of the recently created but currently very brief articles. (If you look at the recent changes page you will see some noted as being 'stubs' - articles that may just be a line or two and needing to be fleshed out). So if you would like to add to some of those you would be most welcome.
There is an automatically updated page which includes the pages which have been signalled by Powerbase users as most wanted. In addition there is a page which includes a list of Things you can do to help.
Or if you would like some other suggestions closer to your interests you could drop Powerbase editor, David Miller an email. His address is editor AT Powerbase.info
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