
John Vickers
Warden of All Souls College and Professor of Economics at the University of Oxford, former Bank of England Chief Economist and chair of the Independent Commission on Banking, known for work on competition policy and financial regulation.
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Mar 27, 2026 • 25min
S9 Ep21: The Bank of England's capital mistake?
John Vickers, Oxford economist and former Bank of England chief economist, and David Aikman, NIESR director and ex-Bank official, debate a controversial cut to UK bank equity requirements. They probe why the Financial Policy Committee trimmed the benchmark now. They discuss potential effects on capital, risks from weaker backstops, and incentives that could steer freed funds toward buybacks rather than more lending.


