Tuesday 21 November 2017

GTA to broadcast London events examining the world 10 years after the financial crisis

Monday 11 September 2017

GTA to broadcast London events examining the world 10 years after the financial crisis
TWO events, which will see former Chancellor of the Exchequer Alistair Darling and ITV political editor Robert Peston look at the world a decade on from the financial crisis, will be broadcast live to a Guernsey audience next week.

The GTA University Centre has a long-standing relationship with the Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) and has livestreamed a number of its debates and talks. Next week will see live streams as part of the RSA’s ‘10 Years after the Crash’ series, which, a decade on from the financial crisis, will reflect on what lessons have been learned, how economic systems been reformed in response and what is needed to deliver a more resilient and sustainable economy.

‘This is a fascinating series, which is particularly relevant to Guernsey given our position as an international financial centre. Thankfully the island didn’t suffer as great an impact as other places did but the aftershocks continue to be felt across the world,’ said GTA University Centre chief executive Simon Le Tocq.

‘The opportunity to hear from the former Chancellor, who was at the coal face, and one of UK’s most highly respected journalist, who broke the Northern Rock story, is something we are delighted that we can bring to Guernsey. We are expecting both events to be well-attended.’

On Monday evening, Lord Darling, who was involved at the highest levels from the outset of the financial crisis, through the heart of the storm, and played a leading role in restoring stability to global financial markets, will reflect on what we have and haven’t learned from the crisis, how vulnerable we remain and what we have to do next to shape a fairer future prosperity. The event will be chaired by Matthew Taylor, chief executive of the RSA.

On Thursday lunchtime, Mr Peston, who broke the story of Northern Rock’s emergency funding appeal to the Bank of England, and covered at close-hand the ensuing run on the bank, its eventual collapse and the global crash that followed, will reflect on the events of the time and the after-effects of the crash. The event will be chaired by Tony Greenham, RSA director of economy, enterprise and manufacturing.

Monday’s live stream will be from 5.45pm until 7pm at the GTA’s Sausmarez Street office, and Thursday’s is from 12.45pm until 2pm at Morningside House behind the Post Office in Smith Street. Places, which are limited, can be booked through Eventbrite.