Sticking plasters no longer work. The wounds in our society are far too deep.
Monday, October 30th, 2023As The Guardian reports this morning: England’s housing crisis will push many local authorities into bankruptcy as the increasing cost of emergency accommodation for thousands
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Quantitative tightening needs to stop now
Sunday, October 29th, 2023My friend and Green New Deal colleague Larry Elliott had an article in the Guardian last week on what he described as the return of
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Storm clouds are gathering
Thursday, October 5th, 2023The economic outlook appears to be even poorer this morning. Those renting are having a torrid time. Rents are up at least 10% in the
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The Bank of England has announced it can create money for the benefit of its mates but not for the benefit of the rest of us
Friday, September 29th, 2023The FT reported yesterday evening that: The Bank of England is set to create a permanent lending facility for non-bank financial institutions such as insurers
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Launching the Taxing Wealth Report 2024
Wednesday, September 6th, 2023I have this morning begun publishing the Taxing Wealth Report 2024: This introduction says: Brief summary This note summarises the issues that the Taxing Wealth
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The Taxing Wealth Report 2024: starting soon
Tuesday, September 5th, 2023Unless something untoward happens, it is my intention to start publishing The Taxing Wealth Report 2024 on this site from tomorrow onwards. I will leave
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People make up the economy, and not finance, which might be news to the Bank of England
Wednesday, August 16th, 2023Costas Milas, a professor of finance at the University of Liverpool, had an article in the FT yesterday. I admit that I am not sure
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It really is time that Labour got its economic act together because it is far from doing so right now
Thursday, August 10th, 2023The Labour Party issued the following press release yesterday for use by newspapers (and 0thers) this morning: Britain paying £251 billion “Tory bond blackhole” as
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The UK government's 'bung' to our commerical banks: additional data
Thursday, August 10th, 2023Before deciding to publish the research that I had undertaken on the amount paid by the Bank of England to the UK’s commercial banks on
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