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22 October 2018

Who is Anthony Browne, new head of the British Bankers’ Association?

Trade association for banking industry to be headed by former journalist once described as "bordering on fascism" by David Blunkett.

By Alex Hern

Anthony Browne, a former advisor to Boris Johnson who currently works at Morgan Stanley, has been appointed to become the head of the British Bankers’ Association from September. The BBA is the key trade body for the UK banking and financial sector, with over 200 member banks. It is responsible for setting the London Inter-bank Offered Rate, a measure of the average rate charged for loans between banks which was investigated (£) by the American Securities and Exchange Commission over “erratic behaviour” in February.

Browne had a past life as a journalist and think-tanker, with a particular interest about immigration. In 2000, he authored a special report for the Observer, titled The last days of a white world, which claimed that non-whites will be a majority in the US and Britain by 2050, and compared the fate of white Britons to that of the Native Americans, who “used to have the lands to themselves but are now less than 1 per cent of the US population, with little chance of becoming a majority again.” In 2002, Browne wrote a pamphlet for Civitas, Do we need mass immigration? (pdf), which reiterated many of the arguments at greater length, as well as blaming immigration for “rising congestion” and “importing diseases such as HIV and TB”.

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