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I am the programme leader for MSc Accounting and Finance, and the Sustainability Lead for my School. My research interests include investor behaviour, and the transition to Net Zero. I teach courses in trading, investments, and research methods.

My background is in technology and finance. I have an MBA in Technology Management from the Open University, and a PhD in Management from the University of Leicester.

Institute for Responsible Business and Social Justice

Refereed Journal Publications

Kaur, R, Kwabi, F., Hu, Wansu, Fulgence, S. and Lancastle, N. (2025) Disentangling the effects of firm-level climate risk and capital market signalling: Evidence from stock price informativeness. Business Strategy and the Environment. 

Lancastle N. (2020) Is social distancing effective against coronavirus across different settings? A non-parametric and local regression approach to test and compare the growth rate. MedRxiv. Available from  

Lancastle, N. (2019) Rethinking macroeconomics: how G5 currency markets have responded to unconventional monetary policy. Journal of Banking, Finance and Sustainable Development.  

Lancastle, N. (2012) Circuit theory extended: the role of speculation in crises. Economics eJournal. 2012(34). Available from /

Book Reviews

Lancastle, N. (2018) [Review of the book Financial Models and Society: Villains or Scapegoats by E.Svetlova]. Economic Issues 3(2), pp.112-113.

Lancastle, N. (2014) [Review of the book Teaching Post Keynesian Economics by J.Jespersen and M. Ove Madsen]. Review of Keynesian Economics 2(4), pp. 545-6.

Encyclopaedia Entries

Lancastle, N. (2015) Random walk.  In: Rochon, L.P. and Rossi, S. (eds.) Encyclopaedia of Central Banking. Cheltenham, UK: Edward Elgar.

Lancastle, N. (2015) Asset management. In: Rochon, L.P. and Rossi, S. (eds.) Encyclopaedia of Central Banking. Cheltenham, UK: Edward Elgar.

 

Recent Conference and Working Papers 

Lancastle, N. (2023) Deus ex Machina. 2nd International Financial Forum: Climate Change, Financial Market and Systemic Risks: What Expectations for the Next Decades? Grenoble, France. 

 

Cartwright, E. et al. (2020) Reflecting to Rebuild and Strengthen Professional Development A Collection of ‘Post-Online’ Conversations 

 

 

Lancastle, N. (2019). Can the UK Shift from Shareholder to Stakeholder Primacy. Transparency Times. Available from:

Undergraduate Courses 

Accounting in the Business Environment (2024/25) 

Management Accounting (2022/23) 

Advanced Corporate Finance (2014/15- 2016/17) – module leader 2015/16 

Professional Communications (2014/15 - 2016/17) 

Financial Management (2013/14) 

Money and Banking (2013/14) 

International Finance (2012/13) 

International Business (2011/12 and 2013/14) 

Postgraduate Courses 

MSc Accounting and Finance (2019/20 - ) – programme leader 

Data Analysis Project (2023/24 -) - module leader 

International Trading and Investments (2023-24 – current) - module leader 

Applied Trading (2018/19 - 2022/23) – module leader 

Research Methods (2015/16 - 2022/23) – module leader 

Behavioural Finance (2014/15 - 2018/19) – module leader 

Financial Skills (2017/18) – module leader 

Corporate Finance (2014/15, 2015/16, 2019/20) – module leader 2019/20  

Accounting for Managers (2012/13 and 2023/24) 

Workshops

From sustainable reporting to practice. For decision-makers and educators. DMU, UK (2025) 

R Studio, Matlab, Bloomberg, and LSEG Workspace Workshops. For research staff and PhD students (2016 -2023) 

Stock flow consistent models: an introduction to theory and technique. Trento, Italy. (2013)

PhD (Management) 2015

MBA (Tech Mgmt) (Open) 2010

MA (Cantab) 1987

DMU UNAI SDG Fellow (2025-) 

Association for Learning Technology (2021-) 

Association for Heterodox Economics Conference Organiser 2017-18 

Association for Heterodox Economics Committee 2015-2018  

Post Keynesian Study Group (PKSG) 2013-2019 

Post-Crash Economics trustee 2015 

QAA benchmarking committee (Economics) 2014-15 

INET Money Macro Colloquium 2013-2015 

Conference Papers

Lancastle, N. (2018) From Modern Portfolio Theory and Efficient Market Hypothesis to ETFs: performativity mechanisms revealed by the development of the BGI/iShares family of ETF products. AHE Annual Conference, Leicester, UK.

Lancastle, N. (2017) An Empirical Investigation into the Reversal of the Carry Trade. AHE Annual Conference, Manchester, UK.

Lancastle, N. (2015) Six key features of the emerging consensus between Club Class central banks. AHE Annual Conference, Southampton and DMU Research Conference, Leicester.

Lancastle, N. (2014) How should we regulate the carry trade? Ecobate 2014. Winchester, UK.

Lancastle, N. (2014) Rethinking market regulation: A proposal to integrate the National Accounts and expose foreign exchange risks. Conference on Data Standards, Information and Financial Stability. Loughborough, UK.

Lancastle, N. (2012) Extended circuit theory: modelling the impact of government intervention.  6th International Dijon Conference. Dijon, France.

Lancastle, N. (2011) Beyond the Washington Consensus: Accounting for Arbitrage Capital. Quadrangular PhD conference. Lancaster, UK.

Lancastle, N. (2011) A critical analysis of the G5 carry trade as an investible index. First International Conference of COST Action, PhD School. Paris.

I have supervised four PhD and one MPhil student to completion

Fidelity International, Consultant, 2010

I managed a programme of technology projects including trade life cycle improvements; systems for high net-worth individuals; systems to reduce operational errors; and bespoke reporting for institutional clients.

UBS, Project Manager, 2007-9

I led data rationalisation and IT cost reduction projects in response to intense pressures after sub-prime losses at the Investment Bank. I managed a global team with developers in London and Singapore. We worked with infrastructure, audit, DBA, production and architecture teams to improve data management, improve quality and reduce costs.

Barclays Global Investors, Software Team Leader, 2000-7

I developed software for portfolio management systems, including BGI's innovative iShares business. Total AUM managed on our systems reached $1 trillion across the index, transitions and active businesses. I gained experience in graduate recruitment and team leading and developed software for the active equity and market neutral managers. Projects included portfolio optimisation; internal trade matching; transaction cost estimation; and portfolio risk management. Our software was used to launch and run a European Market Neutral fund which won the EuroHedge Specialist Fund award in 2002.

Record Treasury Mgt, Software Developer, 1998-2000

I supported and developed systems for currency hedging and active currency investment. Our small team were responsible for all technology functions: procurement, disaster recovery, trading systems, client reporting, statutory reporting and research. I was also a member trustee on the Record Group Pension scheme.

Clerical Medical, Software Developer, 1996-8

I supported projects in fund accounting, including the migration of administration from DataStream to HiPortfolio. I provided hands-on support for tactical projects, such as statutory disclosure reporting.

Sun Alliance,  Business Analyst, 1990-6

I was an analyst for multiple life, pensions and international insurance projects. These included re-engineering point-of-sale systems to allow expert underwriting in real-time, and the printing of policy documents via point-of-sale laptops. In the international business I supported underwriters in niche areas such as cargo and celebrity insurance.

LSEG AI-Driven Signal Search App (WebEx) (2024) 

Senior Fellow of the Higher Education Authority (2022) 

Competition and Markets Authority - Data and Analytics Conference (2022) 

QAA - Annual Conference (2022) 

How to Create an Online Course (2021)  

Personal Tutor Refresher (2020) 

Line Manager Training (2020) 

Research Supervision Refresh (2018) 

Data Protection Essentials (2018) 

Research Supervision Refresh (2018)

Data Protection Essentials (2018)

Fellow of the Higher Education Authority (2017)

Safe and Supported Training (2017)

Personal Tutor Training (2017)

Certificate in Research Supervision (2015)

Developments in Economics Conference (2015)

Equality and Diversity Training (2015)

Safeguarding Essentials (2015)

Common Problems in Teaching (2012)

PhD Teacher Training (2011)

Postgraduate Research Training (2010)

Panellist

Problem-oriented Talent-cultivating in Real Social Scenes: Challenges and Opportunities, Liaoning University, China (2022). 

Transparency Task Force: 21st Century Trusteeship, Governance and Stewardship. London, UK. (2018).

Ukrainian Financial Forum. Ukraine's position in the global economy: key macroeconomic risk and challenges. Odesa, Ukraine. (2018)

IIPPE: Rethinking Economics: Pluralism, Interdisciplinarity and Activism. Leeds, UK. (2015)

Research Visit

Visiting Scholar. Fields Institute for Research in Mathematical Sciences, Toronto, Canada. (2013)

Event Organisation

Association for Heterodox Economics 20^th Anniversary Conference. Leicester, UK. (2018)

Boom Bust Click. Film Preview and Q&A. Leicester, UK. (2015)

Rethinking Economics. Conference. London, UK. (2014)

Who and What is Management For? PhD Conference. Leicester, UK. (2013)

Open Letters

I have been a signatory to the following open letters: 

 

NEF, 2025. An open letter against UK aviation expansion. Available from:   

 

Guardian letters, 2025. Rachel Reeves should rewrite the rulebook on GDP growth. Available from:  

 

Positive Money, 2024. Call for evidence for a new financial services growth and competitiveness strategy. Available from:  

 

Economic Change Unit, 30/6/2024. Economists say Sunak and Starmer’s investment plans are ‘recipe for stagnation’. Available from:  

 

WWF, 14/11/2022. Call to action to ensure transition to a net zero and nature positive economy. Available from:  

 

New Economics Foundation, 19/11/2022. Open letter to Bank of England on climate change risks. Available from:  

 

Finance Watch, 8/11/2022. Letter calling on the G20 for a safe transition. Available from:  

 

Fiscal Matters, 17/10/2022. The EU's economic rules must allow for the necessary spending on people and climate. Available from:  

DMU Deputy Lead, Collaboratory Research Hub (2025-)

DMU Co-Lead, Education for Sustainable Development (2024-) 

AFE School Lead, Education for Sustainable Development (2024-) 

Faculty Lead, Academic IT Committee (2020-23)  

Faculty Strategic Planning Group (2020-21) 

Faculty Strategic Planning Group – ITMS and Learning Resources (Chair, 2020-21) 

Faculty Strategic Planning Group – Estates (2020-21) 

Bloomberg Champion (2019-) 

Deputy Director, Finance and Banking Research Centre (2019-21) 

Director, Finance and Banking Research Centre (2016-18) 

Faculty IT User Group (2016-23) 

West End Runners, Leicester, Net Zero Group (2024) 

Space to Breathe Yoga Collective, Leicester, Net Zero Group (2024) 

 

Leicester Skyride Leader (2014-16) 

Leicester City Cycle Workshops (2010-16) 

Chair of Governors, Overdale Junior School (2010-14)