As The Guardian noted later yesterday: The UK has been left behind in the cryptocurrency boom and is in danger of missing a second wave
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Neoliberal abuse
This was a Guardian headline last night: Let’s ignore the detail here. Let’s stand back instead. First, banks thought they could enter into cosy deals
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Was the Fed right?
As the FT has reported: The Federal Reserve has signalled that it could hold interest rates steady at least through September as it defies Donald
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The press release that should have been issued on today’s government borrowing figures
As the Office for National Statistics has reported this morning: Borrowing – the difference between total public sector spending and income – was £20.7 billion in
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Savings are dead money
We spend £80 billion a year encouraging people to save – but it doesn’t fund growth, wages or investment. It just props up banks and
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Sometimes the cost of being wise is worth paying
As The Telegraph has noted this morning: I am shocked, I tell you, truly shocked that a crypto company might have failed, taking its customers’
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HSBC is going to profit from destroying everything of value
Big businesses’ shallow faith in ethical capitalism and the need to challenge climate change became more apparent yesterday. As the Guardian reported: HSBC has become
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How do banks create money?
We published this short video on YouTube last night: Where does money come from? Most people think banks move it around. But the truth is:
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The real UK debt crisis isn’t in the Treasury – it’s in the homes of millions of people
As the Financial Times has reported, the cost of personal debt in the UK is rising rapidly, despite falling bank base rates. Rates are now
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