Yesterday was a bit of a day. There were seven posts here. I had a comment in the Independent in the morning. That was followed by
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Reaction to the Bank of England’s decision to raise interest rates
Charlie Bean spills the beans
Prof Charlie Bean, formerly of the Bank of England and deputy director there for monetary policy, spilt the beans about what the Bank of England
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We need industry wage boards
One of the problems that exists within the economy at present is low pay. Far from their being a wage-price spiral, pay is dragging behind
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New glossary items
As a result of recent blog posts, I have added these items to the glossary over the last day or so: Unrealised profit Unrealised loss
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Today’s decision by the Monetary Policy Committee
Danny Blanchflower and I sent this letter to the FT yesterday. It did not get in, so I will share it here instead: Sir or
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Banking is at a massive crossroads. It is time that we talked about what comes next.
Janet Yellen has talked about the US government offering a 100% Federal government guarantee to all depositors in smaller US banks, of which there are
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Sunak’s tax disclosures were half-hearted. He needs to do better.
Most people think Rishi Sunak had a good day yesterday, so he slipped out details of his tax returns, hoping no one would notice. I
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Did Johnson mislead parliament?
I will, unfortunately, be in meetings for much of this afternoon, and as a result will not be able to see Boris Johnson’s appearance before
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