Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Presented by Aditya Chakrabortty and produced by Phil Maynard

The Business: Niall Ferguson and the morality of modern banking

The independence of the newly formed Office for Budget Responsibility (OBR) has been called into question after figures on job losses resulting from Treasury cuts appeared to have been revised down just in time for David Cameron's appearance at PMQs.

The chairman of the OBR Sir Alan Budd faced the Treasury select committee this week where he admitted naivety - but no political interference.

Our economics correspondent Phillip Inman witnessed the hearing and joins us in the studio.

Also this week, we look at the funding crisis engulfing universities.

Business secretary Vince Cable is set to outline his vision for higher education's place in the economy this week. We hear what life is like on the front line from Sukdev Johal of Royal Holloway's management school.

Finallly, Niall Ferguson, author of a new biography of Siegmund Warburg tells us that modern bankers could learn a thing or two from an old-fashioned City gent with wide-ranging tastes in philosophy and literature and a robust moral compass.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.