Britain’s housing market has become a Ponzi scheme — built not on value, but on debt, illusion and exclusion. Successive governments have turned homes into
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Markets may look calm, but the foundations of global finance are anything but secure. Rising government debt, fragile non-bank financial intermediaries, and speculative assets like
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What if the UK government admitted it already uses modern monetary theory? Would markets panic — or would we finally have the power to rebuild
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As the FT reports this morning: The leader of the Green party has called for the Bank of England to stop paying interest on reserves
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At the Labour Party conference this morning, Rachel Reeves said: “There is nothing progressive, nothing Labour, about government using one in every £10 of public
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Keir Starmer has reopened the debate on national identity cards. Supporters say they could make public services, voting, and security simpler. Critics warn of surveillance,
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A massive banking collapse is coming — and the cause isn’t speculation this time. It’s climate change. Uninsurable homes mean worthless mortgages, and worthless mortgages
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The economic commentators are in a panic this morning. The government, they are saying, has overspent in August. The figure for what they call borrowing
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There are two big questions for the Bank of England when they announce their decisions on monetary policy this lunchtime. The first is whether they
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