George Osborne’s big idea was that we were going to trade our way out of recession. Yesterday’s trade figures show that the trade deficit for
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Lord Oakeshott has resigned as a Lib Dem Treasury spokesperson for saying the Treasury is a mixture of arrogance and incompetence, unable to negotiate its
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Yoram Bauman is the only stand up comedian who happens to also be an economics lecturer with a PhD in the subject. Which makes this
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As the FT has just reported: The International Monetary Fund badly missed the risks that led to the global financial crisis because of a naive
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Project Merlin is even weaker on pay than it is on tax and lending: Following these discussions, the four banks confirm that the aggregate 2010
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The tax clauses of the Project Merlin greement with the banks say: 2. 1. The four banks have committed to abide by HMRC’s new UK
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The government has published its agreement with the banks. Ignore all it says about lending commitments. The only relevant clause is this: Each bank’s lending
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Anthony Travers OBE, the head of Cayman Finance has resigned after two years in the job. What will we do without him? And how will
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Last week I was described by Geoff Cook of Jersey Finance as ‘ just a domestic chartered accountant’. He repeated the suggestion on BBC Radio
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