Labour's plan for the City is grossly irresponsible and could lead to a repeat of 2008
Wednesday, January 31st, 2024As the Guardian and others have reported: Labour has pledged to “unashamedly champion” the UK’s financial services sector, as it promised to cut down 10,000
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Freeports exist to provide opacity for the raking off of public funds for private gain
Tuesday, January 30th, 2024The Guardian notes this morning that: Taxpayers are not being guaranteed value for money or transparency at a regeneration project overseen by the Conservative Tees
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Glossary entry: the national debt
Tuesday, January 30th, 2024I am proposing to post this explanation of the nature of national debt in this blog’s glossary once comments upon it have been made. I
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Of course the Post Office needs new leadership - but the government has to recognise that what is required is someone skilled in public service delivery, not supposed maximisation
Sunday, January 28th, 2024As the Guardian reports this morning: The chair of the Post Office has been dismissed by the government as the state-owned company reels from the Horizon IT
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Whichever way the issue is looked at, to suggest that markets are rational is wrong
Saturday, January 27th, 2024As is noted in the FT this morning: A week ago, the main US stocks benchmark, the S&P 500, cracked through to a record high,
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The political economy of money and tax
Saturday, January 27th, 2024The Taxing Wealth Report 2024 is all about tax reforms. However, to propose reforms without suggesting why it is economically appropriate to do so makes
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The Institute of Chartered Accountants in England and Wales is still failing in its public purpose
Friday, January 26th, 2024Yesterday, I noted a request by a Guardian journalist for education in basic financial literacy. It was, I thought, a wholly reasonable demand that any
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Glossary entry: fiscal policy
Thursday, January 25th, 2024I realised yesterday that there was no entry on fiscal policy in this blog’s glossary. As a result, I made good that omission with the
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If the Office for Budget Responsibility does not disclose that its forecasts are total nonsense when it knows that they are what is the point of it?
Wednesday, January 24th, 2024I have already commented on the dubious accounting of the Office for National Statistics this morning. So, let me now turn instead to the equally
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