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The Purpose of Finance podcast series

The Purpose of Finance project aims to facilitate a debate, from a position of support, about how best to repair the disconnect between society and the financial services industry, which is of profound importance to the UK. The project brings together policymakers, regulators, people who work in financial services and others to tackle this deep-rooted problem. This includes a wide-ranging debate about how financial institutions can focus on, and then be regulated to, their purpose.




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Latest episodes

Housing Trends

22 Aug, 2022

In this final episode for this series we continue to look at housing. We are joined by Sadie Morgan OBE, Stirling-Prize-winning architect of dRMM Architects, plus the FT's property correspondent, George Hammond, Phil Mayall, a director at the national regeneration company, Muse Developments, and Nigel Bosworth, who is the head of residential management at Savills.

Build-to-Rent: The Risks and Rewards

15 Aug, 2022

In this 2nd look at Real Assets in relation to the Purpose of Finance, we look at the picture overall with PIC’s CEO Tracy Blackwell, Dr. Stanimira Milcheva, a professor in Real Estate Finance at the University College London, Michael Howard, the founder and Managing Director of urbanbubble, an award winning property operator, and Paul Nash, who as a former President of the Chartered Institute of Building now advises property owners, developers and funds in the UK.

An Introduction to Build-to-Rent

8 Aug, 2022

In today’s episode we’re taking a look at Build-to-Rent, a type of development that PIC, and other institutions are beginning to invest in heavily. Today we’ll explore some of the reasons why, with Jeremy Apfel of PIC; Emanuele Midolo, property correspondent at the Times; Jo Cowen, an award-winning architect and CEO of Jo Cowen Architects who specialise in the Build-to-Rent industry; Ian Fletcher, Director of Policy at British Property Federation and a long-time champion of Build-to-Rent, and Raj Kotecha, Co-Founder and Managing Director of Amro Real Estate Partners.

Real Assets

1 Aug, 2022

In today’s episode we're looking at long term investments for social purpose and sound financial return. Joining the podcast is Nigel Kershaw OBE, Executive Chairman of the Big Issue Group, Hayley Rees of PIC, and Emeritus Professor Michael Ball of Henley Business School, plus Miles Lewis, Head of Sustainability at the construction firm, Lendlease, and PIC’s CEO Tracy Blackwell as we discuss perspectives on long term investment in real estate real assets, with hosts, Emma Nelson and Julia Hobsbawm.

Politics & Risks of Levelling Up

18 Jul, 2022

Our 4th special look at Levelling Up and how finance can play its part in meeting society’s changing needs hears from Polly MacKenzie, formerly a Government insider in the Coalition Government, Peter Foster, the Public Policy Editor of the Financial Times, Al Mathers, director of research at the Royal Society for Arts, and Paul Swinney, who is the Director of Policy and Research at the Centre for Cities.


Social value

4 Jul, 2022

This third deep dive into Levelling Up looks at how the finance sector plays its part. We hear from Alan Evans, Director of Regeneration and Place at Wirral Borough Council, Eleanor Shearer from the Institute of Government, Steve Hughes of WPI Strategy and philanthropist and impact investor Patricia Hamzahee.

The geography of Levelling Up

13 Jun, 2022

This episode, our second on Levelling Up, looks locally and regionally at what Levelling Up means, how we get there and how the pensions we save for can play a role in delivering successful policy. Guests are Dr Henry Kippin, Managing Director of the North of Tyne Combined Authority, Lucy Nethsingha leader of the Liberal Democrat group on Cambridgeshire County Council, and Richard Burge, CEO of the London Chamber of Commerce and Industry. Plus William Wright, founder and chairman of financial forum and think-tank New Financial.

Levelling Up: The North West

1 Jun, 2022

We open our new series by looking at Levelling Up from the North West of England with an exclusive interview with Andy Burnham, Mayor of Manchester, plus contributions from Richard Jones, Associate Vice-President for Innovation and Regional Economic Development at the University of Manchester and Richard Holden, MP for North West Durham as we explore the North-South divide and ask what really moves the needle on creating a more equitable society – and what role is finance playing?

How Can We Re-shape Financial Markets to Create Fairer Capitalism?

25 May, 2020

We open our new series by looking at Levelling Up from the North West of England with an exclusive interview with Andy Burnham, Mayor of Manchester, plus contributions from Richard Jones, Associate Vice-President for Innovation and Regional Economic Development at the University of Manchester and Richard Holden, MP for North West Durham as we explore the North-South divide and ask what really moves the needle on creating a more equitable society – and what role is finance playing?

The Long-term Consequences of Short-term Thinking

12 Nov, 2019

Is short-termism a significant barrier to progress? Economist Dambisa Moyo, Tim Ward, CEO of the Quoted Companies Alliance and entrepreneur Sophie Devonshire of The Caffeine Partnership are among Peter Morgan's guests.

The Changing World of Stock Markets

24 Jun 2019

To discuss why companies are turning away from stock exchanges - and why that matters - Peter Morgan is joined by guests including MP Liam Byrne; Nikhil Rathi of the London Stock Exchange; Hilary Salt of First Actuarial; Duncan Lamont of Schroders; Andrew McNally of Equitile; William Wright of New Financial and writer and professor Stefan Stern.

The Purpose of Finance

20 Jun 2019

Finance has a troubled reputation. For many, the purpose of finance appears to be lining the pockets of financiers, at the expense of the rest of us. In this first episode, guests including Martin Wolf, chief economics commentator at the Financial Times; Huw van Steenis, senior adviser to the Governor, Bank of England; Polly Mackenzie, CEO of Demos and Tracy Blackwell, CEO of Pension Insurance Corporation, join presenter Peter Morgan to discuss the way forward.



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