As The Guardian reported last night: The bosses of Britain’s “big five” retail banks have been summoned to a meeting with the chancellor, Rachel Reeves, this
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Financial speculation is imposing a heavy price in this war
I note this chart of the oil price over the last year. It comes from the invaluable Trading Economics website. It is correct to Last
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Why are we still handing massive unearned bungs to UK commercial banks?
My old friend Prem Sikka, who now sits in the House of Lords as Lord Sikka, drew my attention yesterday to a couple of answers
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Stay away from banks: they exist to exploit you
Banks are not your friend. They exist to exploit you, and they will whenever they can. This is the audio version: Banks want to keep
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The UK government should be buying bonds
Politicians and economic commentators are obsessing about the view that the cost of UK government borrowing is increasing as a consequence of the war in
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Where does money go in a crash?
After a week in which I can fairly describe work as being hard because of the fatigue I felt last weekend, which it now turns
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War is not a reason to raise interest rates
The Bank of England meets on 19 March to decide on interest rates. Many commentators now say rates cannot fall because war in the Middle
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Corruption is built into neoliberalism
I recently recorded another Funding the Future podcast with John Christensen, with whom I have discussed tax justice and corruption for more than twenty-five years.
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SEND for the bankers
As The Guardian noted yesterday: Rachel Reeves is under pressure to reassure MPs over the state of the UK’s public finances, amid concerns that the
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