This video was actually recorded about three or four days ago, before the furore about pensions that has erupted here over the last couple of
Read the full article…
The uninsurable housing time bomb
Uninsurable houses as a result of climate change will be a disaster for homeowners, banks, governments and the whole of society. Are we ready for
Read the full article…
NatWest’s return to the private sector is a story of opportunity lost
As The Guardian reports this morning: Fred “the Shred” Goodwin, the disgraced ex-boss of Royal Bank of Scotland, is estimated to be receiving an annual pension
Read the full article…
What do you do with a savings glut?
A savings glut creates global economic instability, and that’s precisely the problem the world’s got right now. The question is, what are we going to
Read the full article…
The Bank of England is setting us up for a crash
The FT has reported: The Bank of England is exploring ways to relax ringfencing rules that force UK lenders to separate their retail operations from
Read the full article…
To see off Farage the economy needs to be weaponised against fascism
As Phillip Inman noted in the Guardian yesterday: How can the Bank of England avoid being a loyal and trusted friend to Nigel Farage? That’s easy.
Read the full article…
The Bank of England is determined to deliver a UK banking crisis
Yesterday, I noted the reckless relaxation of mortgage lending rules by the UK’s Financial Conduct Authority, which are bound to prejudice some borrowers and increase
Read the full article…
The Bank of England, teacher training and the failure of sixth form economics
The Bank of England put out this breathy press release yesterday: The related information is here. The claim is that: Economics is currently offered as
Read the full article…
Is the Bank of England really independent?
Is the idea of central bank independence all a game of smoke and mirrors designed to funnel money in the direction of the City of
Read the full article…

Buy me a coffee!
