Working Lives Research Institute
Prof Steve Jefferys, assesses the impact of the financial crisis of 2008-10 on the UK banking sector, and considers the role of social dialogue between employers, trade unions and government. It finds that UK banks were already in a major restructuring process prior to 2007. This was driven by deregulation that had permitted a long-term extension of the banks into markets they had not previously focused on and by rising global competitivity between banks including the emergence of new retailer-based banks. Down load the full paper, ‘Financial Crisis and Social Dialogue in the UK Banking Sector’ as a pdf from our WLRI Working Paper Series, here.