The world seemed surprised that the Bank of England did not increase bank rate yesterday. It should not have been. Nothing suggested that was appropriate. The
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The stock markets are dead
The FT reports this morning that: UK banks are raising debt at the fastest pace since the aftermath of the financial crisis, as lenders prepare
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Tax Course: Combating Financial Fraud and Empowering Regulators
I will be co-directing a course at Copenhagen Business School from 12 to 14 September this year. It is part of their Masters in Tax course
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Sometimes and in some places cash is still king
G4S is not a usual source of data here, but the FT had a link to a report they wrote today and I thought some
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Beneficial ownership for the Overseas Territories is just the start: there is a long way to go to get corporate transparency
My apologies: it’s been a slow start to the day. It was, for me, a late evening. There was a small celebration of the victory
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Fiscalism has to replace monetary policy
I suspect that quite a lot of readers did not get to section 10 of my blog on why shares are overvalued, published yesterday. It
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The FT shares my pessimism about markets
In an FT video, published today, the following is said: [I]fQE got asset prices up, shouldn’t the end of QE mean that asset prices will
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The unfortunate thing about markets
Why the UK’s 2% inflation target is wrong
Earlier this week I suggested “Why Positive Money is Wrong” (read here). Prof John Weeks wrote this post in response, looking at the issue of
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