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Richard Murphy on tax, accounting and political economy

7
The failure of Bulb was predictable given the state of its 2020 accounts so why was it allowed to grow until it was too big to fail?

Posted on November 23 2021

Bulb Energy failed yesterday, and reports suggest that to keep its 1.7 million supplied with power will require significant state financial support. I thought it
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10
Is the Bank of England really independent of the government?

Posted on November 23 2021

This notice has just been issued by the Bank of England: I added the highlight. I do not agree with the claim. My reason for
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1
The Bank of England will never unwind quantitative easing

Posted on November 23 2021

I have just had this drawn to my attention. It comes from the Sunday Times this weekend. It is from an interview with Andrew Bailey,
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11
If a gas company can be too big to fail why shouldn’t the supply of domestic gas be nationalised?

Posted on November 23 2021

As the FT has noted: The UK energy crisis has claimed its biggest victim with Bulb, Britain’s seventh-biggest supplier, to enter special administration backed by
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5
As the Prime Minister waffles on about Peppa Pig the NHS is being dismantled. It is entirely possible that his behaviour is designed to distract from that fact. 

Posted on November 23 2021

As the BBC notes, this is the measure that Tory MPs voted for last night: As I have previously noted, this graphic representation is of
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1
Why multi-millionaires pay too little in tax

Posted on November 23 2021

It is a fact that multi-millionaires pay too little in tax in the UK and many other countries. This is not just because some of
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1
The Counterbalance: How finance drives monopoly

Posted on November 23 2021

As has been my habit since it began publishing, I republish here the least edition of The Counterbalance, which is published by The Balanced Economy
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