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Updated at 9.42am BST 9.31am BST There are three votes today on composite motions, on banking growth and jobs, on the economic alternative and on employment rights.
11.38am BST Len McCluskey, the Unite general secretary, has just delivered a speech to the conference in the debate on an emergency motion on banking, growth and jobs.
Five years ago, they say, the prospects for banking growth in Britain were uncertain and the nation's economy was in deep recession.
Much of the blame was placed on the banks, but McFall also blamed governments, politicians, regulators and central bankers for "sustaining the illusion that banking growth and profitability would continue".
LONDON — Standard Chartered met expectations with a record annual profit of $5.15 billion as strong investment banking growth in its core Asian markets offset a jump in bad debts in the Middle East.
The IMF said shadow banking growth in emerging markets was also rising, notably in China, where it accounted for an estimated 35-55% of GDP and was expanding at twice the rate of bank credit.
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According to Jose Garcia-Cantera of Salomon Brothers, an investment bank, growth in banking is different from growth in other industries.
So far the banks are winning, and the hot money continues to fuel bank growth.
Food bank growth is phenomenal, but if it becomes a mainstream part of welfare provision something has gone awry.
But this may not cap bank growth if the whole system is ballooning, as happened in the last decade.
A quantitative model of mortgage lending suggests that regulation accounts for roughly 60% of shadow bank growth, while technology accounts for roughly 30%.
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