From Yes Minister: Superbly written and acted, as usual.
Barclays: seeking to maximise profit, whatever the cost
As the FT notes this morning, Barclays Bank has announced a reorganization of its business as a result of which: Barclays is … planning to
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Tax and money flows within the economy
This post is the third of the three that relate to the economic ideas underpinning the Taxing Wealth Report 2024. The first was on tax
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Bank of England independence has to be ended for the sake of the UK as a whole
The Bank of England talks interest rates today, and no one thinks that they will cut them. That provides the clearest indication that they still
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Labour’s plan for the City is grossly irresponsible and could lead to a repeat of 2008
As the Guardian and others have reported: Labour has pledged to “unashamedly champion” the UK’s financial services sector, as it promised to cut down 10,000
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UK banks are rubbish: of course they are undervalued
The FT noted last night that: Jeremy Hunt has called in Britain’s largest banks to discuss why they remain so poorly valued compared with global
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The money creation and regulation paradox
I make no apology for returning to the stories of money creation that have rather dominated this blog for the last few days. I reflected
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Have we got banking regulation wrong in the era of mass central government money creation?
Regular commentator on this blog, Clive Parry, has written a note on how the banking system and government and commercial bank money creation work, which
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What is ‘free’ about government money creation?
The note has been written by regular commentator Clive Parry, who has been a bond trader for 35 years, as a response to the discussion
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