The Office for National Statistics issued its latest survey on average weekly wages this morning. I offer two key charts here: That looks reassuring. Except,
Read the full article…
Apart from imposing more misery the Bank of England has no ideas left
As the FT has reported: Bank of England governor Andrew Bailey on Monday said he was unable to stop UK inflation hitting 10 per cent
Read the full article…
What Andrew Bailey should be telling MPs today
The poverty of Tory thinking is going to be very clearly on display this afternoon. Andrew Bailey, Governor of the Bank of England, is going
Read the full article…
The government has got it very wrong if they think that deregulating the City is going to help right now
As The Guardian reports this morning: A group of 58 leading economists and politicians, including the former business minister Vince Cable, has written to the chancellor
Read the full article…
The government might be paying up to £40 billion a year in unearned money to banks very soon – and will cut jobs and benefits to pay for it
Adam Posen, a former and still influential member of the Bank of England monetary policy committee has been arguing this week that the Bank’s base
Read the full article…
If PWC want more legitimate tax systems this is what they need to do
I spoke this week at a conference organised by PricewaterhouseCoopers on the legitimacy of tax systems. The conference was held under the Chatham House rule
Read the full article…
How did we end up with these bandits in charge?
It seems almost certain that the government will announce legislation to abandon the Brexit Northern Ireland protocol in the next few days. No coherent lawyer
Read the full article…
The government has backed away from compulsory climate change disclosures by business, suggesting it’s now walking away from this issue like it does everything else
The FT reports this morning that: Ministers made a last-minute decision to withdraw plans to force big UK companies and asset managers to disclose their
Read the full article…
The UK is very likely in recession now, and the economy can only get worse, because that’s what the Bank of England wants and will deliver
It feels like only a week or so ago that trolls were all over this blog suggesting that I was wrong to say that the
Read the full article…
-
Richard Murphy
Read more about me
-
Support This Site
If you like what I do please support me on Ko-fi using credit or debit card or PayPal
-
-
Follow me
Buy me a coffee!