The FT has reported today that: Greater Manchester mayor Andy Burnham has reignited a debate about funding an uplift to defence spending via borrowing outside
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After much agonising, extensive research, a great deal of work, and help from friends in Sheffield, we have decided to abandon plans to hold our
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As I have feared, forecast and written about, the price of oil is beginning to rise significantly, as this chart from the Financial Times shows:
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The Bank of England has warned that serious financial risks are building, and I think people need to pay attention. An AI stock bubble, war
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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
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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,
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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
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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
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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
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