Rachel Reeves did an interview with Nick Robinson of the BBC this week as part of a new series that he is producing entitled Political
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People want gilts
A week on from the supposed gilt crisis the FT has produced this chart: The rate of return on UK gilts has resulted in a
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The Bank of England thinks an economics education is worth £1,000, at most
I received the press release I reproduce below from the Bank of England yesterday. At first, I thought about ignoring it. Then I thought about pointing
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Was Biden right to warn about the tech-industrial complex?
Joe Biden’s swan-song speech to the people of the USA warned about the threat to the people of the USA from what he called the
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Badenoch apologises for neoliberalism, saying it has failed
As The Guardian noted yesterday: Kemi Badenoch has said the UK is getting poorer and people should be honest that it is failing to compete
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The Antidote
I regularly read a number of Substack commentaries, and dip into more. One who work I rest quite often is Dan Goyal, a doctor of
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When will Labour oust Rachel Reeves?
Rachel Reeves says it is her pre-election promise – to balance the books – that Labour must deliver. But twenty other cabinet ministers also made
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We need at least a one per cent cut in base rates now
As the FT noted yesterday: The Bank of England may need to cut interest rates as many as five or six times over the coming
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Gaza: some memories cannot, and should not, be erased
We supposedly have a peace deal in Gaza. I don’t suppose it is a fair deal. I can still hope it will hold. But I
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