Excessive risk aversion: bad for business

“There is a real problem with excessive risk aversion in Britain today” according to Alan Beith MP, Chairman of the Constitutional Affairs Committee. This problem, he says, will only be solved by addressing “the root causes of excessive risk aversion, such as misunderstanding of risk assessment”.

The Chairman’s comments, made in relation to the Committee’s inquiry into ‘compensation culture’, follow hot on the heels of a case that, the Institu... (666 more words)

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