Exposed: How the UK government has colluded with the UK finance sector against legislation to curb food speculation

December 2013

Excessive speculation in the commodity markets has increased volatility in global commodity prices, and has played a significant role in the sharp food price spikes of the last few years. Recognising this, European legislators have proposed legislation to curb speculation, as part of a major reform of European financial regulation called the Markets in Financial Instruments Directive (MiFID).

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