As The Guardian reports this morning: A group of 58 leading economists and politicians, including the former business minister Vince Cable, has written to the chancellor
Read the full article…
The government might be paying up to £40 billion a year in unearned money to banks very soon – and will cut jobs and benefits to pay for it
Adam Posen, a former and still influential member of the Bank of England monetary policy committee has been arguing this week that the Bank’s base
Read the full article…
How to beat tax cheating oligarchs
I addressed a meeting of the European Parliament sub-committee on Tax Matters today, addressing the issue of how Russian oligarchs abuse tax systems to avoid
Read the full article…
The UK has a constitutional duty to impose direct rule on the BVI to bring its role as a secrecy jurisdiction to an end
The FT has noted that: The acting premier of the British Virgin Islands, Natalio Wheatley, has rejected as “unacceptable” the reimposition of direct rule from
Read the full article…
The Bank of England does not have a duty to push people into poverty
I cannot have been alone and being appalled at comments made by former Bank of England employee and Monetary Policy Committee member Adam Posen, who
Read the full article…
Central bankers need to be put back in charge of the paper clips where they can do relatively little harm
The Guardian has reported that: The world economy may be on the brink of a new inflationary era with persistently higher growth in consumer prices
Read the full article…
The government is claiming that all the money it issues is asset backed, and that is complete nonsense
Peter May, who pretty much runs the Progressive Pulse website these days, even though I am its director, wrote a really important blog on Friday.
Read the full article…
NatWest: the truest indication of the Tory’s ability to waste opportunity
As The Guardian has noted this morning: NatWest Group has agreed to buy back shares worth £1.2bn from the UK government, in a transaction that
Read the full article…
The government and banks failed on Covid loans – but it was government ministers who have refused to deliver a decent company regulator and registrar for the UK who are most to blame – and who should be barred from office forever
As the FT has reported: Tens of thousands of loans were given to potential fraudsters applying to multiple banks under the government-backed Covid bounce back
Read the full article…
-
Richard Murphy
Read more about me
-
Support This Site
If you like what I do please support me on Ko-fi using credit or debit card or PayPal
-
-
Follow me
Buy me a coffee!