Purpose – The purpose of this paper is to identify herding behaviour on financial markets and measure the herding behaviour impact on the accuracy of analysts' earnings forecasts. Design/methodology/approach – Two alternative measures of herding behaviour, on analysts' earnings forecasts are...

Purpose – The purpose of this paper is to reflect on the recent banking and financial crisis in the UK. It discusses the triggers of the crisis from a UK perspective and then examines the immediate reactions in the form of short‐term policies and concludes with a discussion on longer‐term...