Unease about the widening inequality between top and bottom earners in western societies could fuel a political backlash against free market policies, Richard Lambert, CBI director-general, warned on Tuesday. Mr Lambert, a former editor of the FT, said that globalisation, technological advances and the “new capitalism” of private equity and hedge funds had created a general sense of insecurity and unfairness that companies had to address.

This entry was posted by Gwen Robinson on Wednesday, July 11th, 2007 at 5:31 and is filed under Capital markets, Hedge funds, People, Private equity. Edit this entry.