This is from the Bank of England statement on the interest rate change decision made yesterday: At its meeting ending on 5 November 2025, the
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Where is Britain’s black hole?
The government says there’s a “black hole” in the public finances — but the black hole is really in our hospitals, schools, and local councils,
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MMT v fascism
Ignorance about money is set to become an even more important feature of UK politics, it would seem. As the FT has reported: A former
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Economic questions: the Paul Krugman question
This is one of a series of posts that will ask what the most pertinent question raised by a prominent influencer of political economy might have been,
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Tax, Budgets and Scotland
I did this podcast with Xander Elliards of The National on Monday (and I wish they’d told me my lens was dirty: I had no
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Would you attend a Funding the Future event?
I have resisted the idea of doing public events associated with this blog and my YouTube channel for a long time. It’s always been the
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Nationalism: good or bad?
Nationalism can be a politics of care — about belonging, culture, and democracy — or a politics of control, built on fear and exclusion. In
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The economic fundamentals of a Scottish currency
I was asked on this blog yesterday whether Scotland could afford to have its own currency, and whether the process of introducing one would be
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On racism
This comes from The Guardian this morning: An “ugly” racism reminiscent of the 1970s and 1980s has become worryingly commonplace again in modern Britain and
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