Economically, August should be boring. Once upon a time, nothing happened. In the stock markets, the maxim was “Sell in May and go away.” The
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We’re in an economic policy mess. It’s time to admit it.
The Bank of England cut interest rates slightly yesterday, against my expectations. Noting this, nothing they did changes my sentiments expressed in my video and
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Governments don’t borrow from financial markets
This morning’s Economic Truths video is now out. In it, I argue that the obsession with the UK’s national debt is absurd. The UK government
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Labour could create a national consumer bank
I published this video this morning. In it, I argue that the UK’s banks are amongst its least popular businesses because they don’t give a
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