The Financial Times has published an article by Andrew Bailey, governor of the Bank of England and chair of the Financial Stability Board, in which
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The seven stages of meltdown, coming our way
I complained yesterday that the BBC, in particular, had reported weekend events and claims about what was happening in the Strait of Hormuz without appropriate
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Will you get your summer holiday?
The UK government was warned in late April that the country had only six weeks of jet fuel supply remaining. Jet fuel prices across Europe
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The problem with our children
The Telegraph reports in a morning newsletter headline today that: One million children to be claiming disability benefits next year They add, and I make
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Word of the day: sonder
I came across a new word this weekend. It is sonder. Sonder is the profound, and humbling, realisation that every random passerby is living a
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The world is in denial about what is coming our way
Being a Cassandra is never popular. I was talking to two young people of my acquaintance yesterday, and forecast that their holiday plans for a
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Why is the government recklessly trying to push savings into the stock market?
From April 2027, the government will cut the cash ISA allowance for the under-65s from £20,000 to £12,000, forcing the remaining £8,000 into stocks and
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When there’s nothing left for markets to invest in, what can we do?
One of my recurring themes on this blog lately has been the failure of neoliberalism to find any use for the money saved in our
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Can we stop BP profiting from war?
BP made $3.2 billion in the first three months of 2026, which was more than double its profit from the same period last year. It
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