I am in Brussels again today, and am speaking this morning as part of a panel discussing global fairness in taxation at a conference organised by the EU’s DG for Taxation. These are my speaking notes, although what I actually say may be quite different (for a larger version click the image and then click
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Mark Carney appears to have taken leave of his senses. According to the FT: Mark Carney sought to clarify his position on UK interest rates on Wednesday, setting out his view that he would vote to tighten monetary policy if business investment begins to rise offsetting weaker consumption. This is utterly bizarre. What Carney is
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I am in Brussels today at a conference being run by the EU on tax fairness, largely for the benefit if its own staff. Over lunch I was talking to a number of people about the necessary balance between the state and private sectors, each having a very real role to play in the economy
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A person named Jo asked yesterday what the BBC should say in response to the DUP being offered £1 billion more for Northern Ireland if it was not to question the source of the funds. Specifically they said: I have a question. I understand what Richard is talking about, and I have a basic understanding
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I Iove this from the Guardian long read on the failure of the Tory electoral machine (link below as it will not embed:apologies): “It’s a very long time since Britain lived under anything like socialism,” says Paul Goodman, editor of the influential Tory website ConservativeHome. “There probably hasn’t been a leftwing government since the 1945
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The FT has just reported: The Bank of England has put lenders on notice that they will have to build a special buffer worth £11.4bn over the next 18 months as it tries to make them more resilient to risks such as a burgeoning consumer-credit sector. The BoE told lenders that it would raise banks’
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I am so bored of hearing BBC journalists saying ‘where will the money come from?’ when discussing the DUP deal. Out of thin air. Like every penny the government spends. Like every bank loan ever created came out of thin air. Money is only made to be used. Now there is a use and this money
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I have no love for the DUP, and little affection for Conervative government. But I am not getting angry about the two parties involved entering into a confidence and supply agreement. This is part of our democracy. Such outcomes can happen. But I am angry that we should end up with such a tawdry arrangement
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I wrote about European banks looking as they are close to breaking last night. This is profoundly worrying. But it’s not just some banks that look as though they are at their limits. Almost forty years of neoliberalism and nearly a decade of austerity have left a great deal feeling it has reached this position.
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Tax Research UK Blog by Richard Murphy is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.
