A body that has called itself The Wealth Tax Commission has reported today and has said that if all people in the UK with net
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There is still an ongoing debate on whether Scotland would need its own currency immediately after independence. I am baffled by this. The answer is yes
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There is concern that bank base rate increases will impact the cost of central bank reserve accounts which have effectively replaced around £800 billion of
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Many commentators – from Robert Peston onwards – are obsessing that if interest rates rise then the government will be overwhelmed with debt servicing costs.
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It’s unlikely that there are 57 varieties of capitalism, although if you looked hard enough there may be that many. What is certain is that financial capitalism,
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Rishi Sunak’s Spending Review is one of those budgets (which this was, in all but name) that was always destined to go wrong. After all,
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As I mentioned recently, video production has been a bit bumpy of late. So we’re going to do them slightly differently for a bit, using
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The language surrounding government bonds confuses many. So too does their use. QE just makes everything more complicated. So, some explanation is required.

Quantitative easing is not widely understood, but sometime soon will have funded (albeit, indirectly) almost £900 billion of government spending. It will have done so
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