We’re told that competition makes everything better — cheaper, fairer, more efficient. But when it comes to banks, that’s a myth. Six giant institutions dominate
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My podcast with Zack Polanski, leader of the Green Party in England and Wales, was published last night: I make no apology for the fact
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Catherine Mann of the Bank of England says inflation will stay above 2%. But what if the problem isn’t inflation but is the target itself?
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As Katie Martin noted in the FT this morning: A couple of months ago, warning about a bubble in the world’s most important stock market
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There’s nothing to say about the inflation data out this morning from the ONS, about which they said: The Consumer Prices Index (CPI) rose by
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The Guardian published this at 7.20 this morning: Newsflash: UK government borrowing has hit its highest level since the Covid-19 pandemic in the first half
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Every pound of so-called “government debt” is a private financial asset. When the government spends, it creates money that becomes your wealth. Yet politicians pretend
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The FT reports this morning that: Chinese tech giants have paused plans to issue stablecoins in Hong Kong, after Beijing raised concerns about the rise
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As the Guardian noted yesterday: Bank of England rate-setter Catherine Mann has warned there is “very clear upside evidence” that UK inflation could remain above the central bank’s
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