Time was when I spent much of my time looking at shady finance in developing countries. Now I do so closer to home. But that
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The US property market is in trouble, and that’s bad news for us
Robert Reich was Bill Clinton’s Secretary of Labor. He has persistently engaged in radical (in US terms) thinking since leaving office to be an academic
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Mythbuster: The Bank of England is independent
Myth The Bank of England is independent of the government Replies Reply – 1 The Bank of England has been wholly owned by the government
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£28 billion of government support – and not a single commitment to secure better business for the common good as a result
The government has just issued figures for the take up of its business loan schemes: To put this in context the average CBILS loan has
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Negative interest rates: the new economic reality is just fine right now
As the FT has reported this morning: Growing expectations for further rate cuts in the UK sent yields on government bonds below zero on Thursday,
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A member of the Bank of England Monetary Policy Committee has admitted that the Bank already operates in the way modern monetary theory describes: it directly funds government spending with tax being in the equation
Gertjan Vlieghe is a member of the Bank of England Monetary Policy Committee. He gave an important speech last week on monetary policy in the
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Sunak’s at it again: putting forward yet another business support scheme that will be too little, too late and difficult to access
It was glaringly obvious from day one of the coronavirus crisis – which was well before Rishi Sunak’s March 11 budget – that small businesses
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British banking is failing the UK yet again, aided and abetted by a Chancellor who shares its mentality
The FT noted yesterday that: Britain’s chief financial regulator has said the coronavirus pandemic is posing the first serious test of business banking rules introduced after
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Is the EU really going to put Blackrock – the arch purveyors of greenwash – in charge of EU green accounting?
I have not got time to unravel the true horrors of this story – and anyway, Professor Daniella Gabor has already done it really well.
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Richard Murphy
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