Author Archives: Cormac Hollingsworth

Another example of tax evasion, this time from “the world’s favourite bank”

A damning report into the dealings of HSBC reveals tax avoidance along with links to suspicious groups.

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US 2012: The diseconomy of the cost of American elections

After the most expensive presidential election ever (more than one billion dollars was spent), Cormac Hollingsworth look at how efficient all the spending was.

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Con 2012: Thatcher thought privilege caused Britain’s decline

Margaret Thatcher thought privilege caused Britain’s decline, writes Cormac Hollingsworth; David Cameron needs to explain why he disagrees with her.

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IMF reassessment a massive boost for Ed Balls’s 5-point plan for growth

Last night’s IMF reassessment on the UK economy is a massive boost for Ed Balls’s 5-point plan for growth, writes Cormac Hollingsworth.

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Underlying public borrowing back to record 2009 levels

Cormac Hollingsworth investigates the ins and outs of the new borrowing figures which are now back to record 2009 levels.

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Risk of 23-year slump as Cameron now forecast to borrow double what Brown was

David Cameron and George Osborne are set to borrow double the figure Gordon Brown and Alistair Darling were projected to.

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Lack of bank arrests vindicates St Paul’s decision to remove Occupy

With the early removal of Occupy, the established church is safe from anyone in Occupy’s tent becoming the next Martin Luther

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Introducing neo-con economics

Left Foot Forward’s Cormac Hollingsworth presents your cut-out-and-keep guido to neo-con economics.

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Co-op Bank’s purchase is a staggeringly good deal for members

Today’s Co-operative Bank purchase of 632 branches from Lloyds Banking Group for £750 million is a staggeringly good deal for members.

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The evidence-free dogma of demutualisation

As the London Metal Exchange demutualises after 400 years, we must be alive to the systemic risks of demutualisation – a harbinger of financial cataclysm.

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