In 2003 I co-authored a paper with Colin Hines and Alan Simpson MP called People’s Pensions: New Thinking for the 21st Century. It was published by the New Economics Foundation and attracted some attention at the time. In it we argued that less than 15% of the total amount paid into pension funds was used […]
The Jersey Evening Post has reported that:
Independence is well within Jersey’s grasp. In a document that goes further towards setting out a blueprint for independence than anything yet published, the Constitution Review Group found that there were no insurmountable reasons why the Island could not become totally self-governing. The group, which includes Sir Philip Bailhache, […]
It has been reported that:
HM Revenue & Customs (HMRC) has named private equity executive Mike Clasper as its new chairman.
He replaces Paul Gray, who quit after an embarrassing scandal that saw the HMRC lose the personal details of 25 million child benefit claimants.
Taking up the post on 1 August, he will be responsible for overseeing […]
I like this:
Our national debate on tax, such as it is, suffers from “experts” who typically know little to nothing of the history, practical rationale, moral basis, or economic benefits of tax. Their expertise is in delivering memorized talking points, not imparting understanding.
It’s true: the fact that it was written of the USA is beside […]
I have mentioned, mainly in del.ic.ious comments, the real possibility that in my opinion Ireland might be expelled from the European Union. I was, therefore, intrigued to know that Wolfgang Munchau raised the same issue in the FT this morning. He said:
within a couple of weeks, the chances of Ireland ending up outside the EU […]
Interesting to note a report that:
UK business leaders are concerned that the Indian government could clamp down on the tax havens of Mauritius and Cyprus as it struggles to come to terms with soaring inflation and budget problems.
As the Glasgow Herald noted:
Yesterday, as published data showed that inflation in India has hit a 13-year high […]
Will Hutton is a man with whom I don’t always agree. He was spot on in the Observer today when, after noting the string of poor economic date from the last week he said :
[Y]ou may expect our political and financial establishment to want to do something. Some hope. It is not just that there […]
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Michael Meacher has written for the Guardian.
It’s too good to just del.ic.ious. It has to be read.
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The FT has reported that Mervyn King has said:
British households must learn to live with higher prices and without increased wages
I suspect that Mervyn King is right, but not for the reasons that he might give. The reality is that the changes in fuel and oil prices are indicative of something much more profound than […]
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Two curious reports this morning, both covered by the FT. The first says:
Britain is the most popular destination in Europe for investment by foreign companies , according to a survey published today - and is likely to remain so for years to come.
The KPMG survey of large multinational companies from 15 leading economies found that […]
