The good news this Christmas is that £1 trillion of the UK's national debt does not exist
Sunday, December 24th, 2023It has been some time since I last presented an estimate of the national debt here. Yesterday afternoon, for reasons that were not even completely
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An unwanted early Christmas present
Sunday, December 24th, 2023One in 25 people in the UK are thought to have Covid today. It turns out that I am one of them. That’s the price
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What if our politicians had a bias to the poor as the message of Christmas demands?
Saturday, December 23rd, 2023I have written several times already about Pat Lucas, the friend whose funeral I attended this week. I am doing so again. It’s a measure
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Christmas blogging
Friday, December 22nd, 2023Based on the messages that I am receiving it seems that a lot of people whose comments I read on a regular basis are now
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We have malnutrition in the UK because our food manufacturers know that nothing is more profitable than hooking people on products destructive to their wellbeing
Friday, December 22nd, 2023As The Guardian notes this morning: More than 800,000 patients were admitted to hospital with malnutrition and nutritional deficiencies last year, a threefold increase on
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Our economy is dismal because it is being managed abysmally
Friday, December 22nd, 2023The Office for National Statistics posted this tweet at 7 this morning: What is now clear is that the UK had a second quarter of
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The curse of the fiscal rule
Friday, December 22nd, 2023As the Guardian noted in its editorial yesterday: [The current economic] context demands a bold economic strategy fit for the times, with a major role
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We need a 2 per cent cut in Bank of England base rates for Christmas
Thursday, December 21st, 2023Here are two Guardian business blog stories from this morning: Let’s be clear that to blame this all on inflation is absurd and wrong. Some
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Jersey was once a place of refuge, and not the home of offshore finance
Thursday, December 21st, 2023John Christensen, with whom I worked for many years in the Tax Justice Network, and I had the chance to catch up during our visit
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