Parliamnt is prorougued for a week today before returning for a new State Opening and King’s Speech next week. There are two consequences. The first
Read the full article…
The ambassador to Washington’s gaffes
I was amused to note the FT’s revelations yesterday of the massive diplomatic gaffes by Peter Mandelson’s successor as the UK’s ambassador in Washington yesterday,
Read the full article…
Glossary entry: chartalism
I published this glossary entry on chartalism yesterday. It will be noted that this theory provides much of the underpinnings of modern monetary theory. Chartalism
Read the full article…
Glossary entry: shadow banking
In response to a request made on the blog, I published this glossary entry on shadow banking yesterday. I also added one on the related
Read the full article…
The benefits of Starmer going
The FT noted this morning that: Heathrow’s plan for a third runway is facing growing political uncertainty as the chances rise of chancellor Rachel Reeves
Read the full article…
Why is Tony Blair attacking sick people?
Tony Blair’s institute has published a report proposing sweeping cuts to UK social security by redefining mental illness, ADHD, autism and other health conditions as
Read the full article…
Tax, now
As The Guardian has noted this morning: The Iran war has helped BP to double its profits in the first quarter of this year, its latest financial
Read the full article…
Tony Blair’s assault on the anxious, depressed and those with ADHD
To continue my theme of health, care and Labour’s incoherence, already well established this morning, comments in the media forced me to look at a
Read the full article…
The risk from interest rate increases
As the FT reports this morning: The Bank of England is likely to keep interest rates steady this week even as it confronts the prospect
Read the full article…

Buy me a coffee!
