Comment

Never trust a Bilderberg politician

Never trust a Bilderberg politician or the parties they represent. Why? because they do not represent you in any way, shape or form.

One survey does not make a summer

After three grinding years of austerity, pretty much zero economic growth, cuts in workers’ spending power and the growing realisation that unemployment figures probably understate the weakness in the labour market,

Europe isn’t the only place with troubles

Over the past few years, it has been difficult to think of any soap-opera with the same drama and impact as the euro area debt crisis. Every time policymakers think that they’ve done enough, up pops another emergency to bite them in the posterior.

UK inflation is the exception

Today’s latest inflation figures confirmed what many people already knew: the cost of living is still rising at a faster pace than the Bank of England’s 2% target. CPI inflation may have eased back to 2.4% in the twelve months to April, but it has now been above target since November 2009.

Spain and Italy struggling for air

The recent calm in financial markets since the Cypriot bailout has bought more time for euro area governments under pressure. True, it has been far from completely plain sailing

Are markets being irrational about Europe?

One of the striking features of the European economy, since the start of this year, has been the dislocation between financial markets and the real economy. For all that they give misleading signals, the Purchasing Managers’ Indices (PMIs) suggest that euro area countries have remained firmly in recession so far this year,

Going Nowhere Fast

At long last, things seem to be slowly changing in Europe. Having endured years of German-led austerity, the new Italian Government has signalled its desire to shift away from cutting spending towards generating growth and jobs. In French President Hollande, the Italians have a ready-made ally,

Mervyn Fails Again

This morning, the Bank of England and the Treasury announced an extension to the flagship 'Funding for Lending' Scheme (FLS). The FLS will now be extended by one year until January 2015, and will cover lending to certain non-bank credit providers in addition to banks.

Economists' media problem

One of the most influential pieces of academic research in recent years was written by two US academics called Carmen Reinhart and Ken Rogoff. Putting together a vast dataset of growth and debt for different countries over the past 200 years or so

British media is racist and elitist in bombing coverage

Over the past week it has become more than apparent that the British media has become elitist and racist in it's prioritisation of news coverage.

Thatcher’s Economic Legacy

With the passing of Baroness Thatcher earlier this week, many commentators have been reviewing her impact on the UK, and the legacy that will outlive her. It is for others to talk about her impact on personal attitudes, Europe, legislative changes, politics and societal structures – if indeed there is such a thing as society. But it is also important to consider her economic legacy.

Thatcher destroyed South Wales and we will not forget

Whilst London, Surrey and the home counties blossomed under Margaret Thatcher's tenure as Prime Minister, South Wales was utterly destroyed by her iron will.