In September 2011, I invited Niclaus Bergmann to speak at a UK conference on local banking. He is the director of the German Savings Banks Foundation for International Co-operation, and I wanted our delegates to get the chance to hear first-hand about the 430 local banks, known as Sparkassen, that make up the backbone of the German banking system.
Even having a job is no guarantee you won’t slip into poverty. Recent evidence from New Policy Institute (NPI), commissioned by Joseph Rowntree Foundation (JRF), tells the latest story of poverty in the UK – ‘in work’ poverty is on the rise. The story of poverty in the UK is a lengthy complicated volume, with no end in sight.