The Tories let the City run out of control. Now Labour plans to repeat their mistakes | Mick McAteer

Deregulation and financialisation cause environmental, economic and social harms - but the party aims to give finance even more power The City is a "jewel in the crown" of the UK economy for the Conservative government, which aims to keep the sector growing by seriously weakening regulatory standards. This approach will come as no shock given the City's current form has its roots in Margaret Thatcher's big bang, but what is surprising is that the Labour party too is pushing for further deregulat...