I noted yesterday a report from an estate agent saying one in six UK millionaires is going to leave the country ver the next few
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The Bank of England needs reform
In this morning’ video, I argue that the Bank of England, and most especially its Monetary Policy Committee, have imposed misery on the UK over
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An insane way to deliver economic policy
According to the FT, Andrew Bailey, Governor of the Bank of England, told the Jackson Hole meeting of central bankers in the USA yesterday, that:
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It’s time to bring the Bank of England back under government control
I have published this video this morning. In it I argue that it’s claimed that the Bank of England is independent of the government. Almost
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Has quantitative tightening run out of road?
There is a fascinating article in the FT this morning on quantitative tightening this morning. Trust me: this is not just geekery on my part.
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Children and pensioners suffer whilst banks profit enormously from Labour policy. How often does this have to be pointed out?
Larry Elliott had an article in the Guardian yesterday that addressed themes familiar to readers of this blog. He said: There is nothing stopping 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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