Modern brokerage firms in the City are an echo of another age. Not just because they still rely on people - rather than technology - to facilitate trade, but also because they have never shaken off the reputation of a culture of excess and bad behaviour.
The City regulator, the FCA, has been aware for years that there’s an issue with some broking firms.
This is the story of what happens behind closed doors in one company.
Writer and journalist Liv Little and Observer critic Miranda Sawyer get notes from editors all the time – now it’s their turn to hand them out. Every Wednesday morning, Liv and Miranda weigh in on the latest cultural happenings, from reality TV meltdowns and art house films, to gallery openings and TikTok trends. Smart, funny, and full of sharp observations. We Have Notes is culture with commentary.