BBC Newsbeat: ICMA Centre students explain Spring Budget 2017

Champagne and smiles were certainly not in short supply at the ICMA Centre this week when over 200 students celebrated their achievements at a reception held at the Centre prior to the Graduation Ceremony in the Great Hall.

Capitalism is high on the political agenda. Like coffee it seems to come in a bewildering number of varieties. Some politicians like it "responsible" others "moral" and still others "popular". While some argue that it is time for shareholders to wield real power, others feel that that certain shareholders, notably hedge funds should sit on their hands, at least if they have bought shares after a takeover has been announced. Out on the streets the tents of the "occupy" protectors may be under threat but many are sympathetic to the view that bankers and board members have been rewarded for taking too many risks with other people's money.

Dr Keith Arundale has won the Adam Smith Business School Prize for PhD excellence. The award recognises the excellence of the PhD thesis and its significant contribution to the chosen field of study.