Whatever happened to responsible capitalism? | David Priestland

High-frequency trading exacerbates volatility, crashes and short-termism. Yet the British Treasury protects itFour years ago, as they looked into the post-Lehman Brothers abyss, our political leaders promised "never again". Both David Cameron and Vince Cable have called for a new "responsible capitalism", where banks would invest for the long term. But behind the scenes the Treasury is sabotaging efforts to control one of the most extreme forms of casino capitalism – "high-frequency tradi...