What They Do With Your Money

What they do with your money: how the financial system fails us and how to fix it
6 pm – 8 pm, followed by a drinks reception
Wednesday 30 November 2016
New Economics Foundation
10 Salamanca Place, London SE1 7HB

Finance is back in the headlines – and in a way that perfectly sums up our love-hate relationship with the City. On the one hand, new scandals — from RBS in the UK to Wells Fargo in the US – show that we’re still a long way from having a financial sector that truly serves society. On the other, there is growing alarm that Brexit could drive finance firms overseas – suggesting we’re still equally far from knowing what we’d do without them.

In this context we’re delighted to be hosting David Pitt-Watson to discuss his book, ​‘What They Do With Your Money’. Co-written with Stephen Davis and Jon Lukomnik, it takes as its starting point the ordinary savers and borrowers whose money ultimately underpins our financial system. Why is finance failing us – and what can we do about it?

David will be joined by Catherine Howarth, CEO of ShareAction, a charity which works to help pension savers take control of their money for social and environmental good. The discussion will be chaired by Christine Berry, the New Economics Foundation’s Principal Director for Policy and Government.