Tax havens are in effect the aircraft carriers from which assaults on major democratic states and their policies can be launched. No wonder Russia loves them.
Thursday, June 30th, 2022I wrote this more than ten years ago (with minor changes to tenses to suit the new context): Feral capitalism is the unfettered, wild form
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Andrew Bailey is right to forecast deep economic woe for the UK because that’s exactly what he’s planning on delivering
Thursday, June 30th, 2022As the Guardian notes this morning: Britons should expect to suffer a more severe bout of inflation than other major economies during the current energy
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What we need is some Keynesian thinking
Tuesday, June 28th, 2022Johnson implied yesterday that the cost of living crisis is a price worth paying to beat Putin. But we’re not at war. Nor is there
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On the tax gap, in the Guardian
Friday, June 24th, 2022My comments on the tax gap made yesterday were picked up in the Guardian which quotes me saying: Richard Murphy, a tax expert, said the
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HMRC is marking its own homework again on the tax gap - and very oddly found it did almost exactly the same as it always does
Thursday, June 23rd, 2022It is HMRC tax gap day – which is the day when they admit how much tax they did not collect, in their estimation. My
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There is a solution to public sector pay disputes if the government wants to find one
Tuesday, June 21st, 2022I posted this thread on public sector pay rises on Twitter this morning: A Treasury minister said yesterday that ‘We are taking a responsible stance
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The double entry behind the money creation in the central bank reserve accounts
Tuesday, June 21st, 2022I have been asked for a blog post explaining the double-entry that explains the money creation in the central bank reserve accounts that commercial banks
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Capitalism has spent the last decade putting itself at risk of survival. There may be casualties in the coming year as a result.
Monday, June 20th, 2022As the Guardian notes this morning: British manufacturers have called on the Treasury to urgently provide more support amid a poor economic outlook to help “weather the
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When people's own savings are now being used to oppress them we need to fundamentally reform corporate accountability
Sunday, June 19th, 2022The UK has reached a moment when a decision has to be taken. Partly that is because it has to decide whether to continue to
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