Tag Archives: Bank of England

Red Farage adopts Left economics

Nigel Farage, generally considered to be to the Right of the Conservative Party, is advocating expansionist Bank of England policies, and “maximum employment”.

Posted in Sustainable Economy | Also tagged , , | 6 Responses

Osborne under increasing pressure to move to the right

The chancellor George Osborne is coming under increasing pressure from tory back benchers and the governor of the bank of England to pursue a more right wing agenda.

Posted in Sustainable Economy | Also tagged , , , | 3 Responses

The coalition is in ‘growth denial’

The Bank of England is expected to downgrade its growth forecasts today while warning of more financial pain to come. As the graph shows, the growth trend in the UK economy has been downward since around the third quarter of 2010 – coincidentally, about the time George Osborne set out the coalition’s spending plans (20th [...]

Posted in Sustainable Economy | Also tagged , , , , | 4 Responses

High inflation set to continue into 2014

The stubborn nature of inflation stops the Bank of England from acting, pushes living costs further up and is seemingly ignored by the government.

Posted in Sustainable Economy | Also tagged , , , , , | 18 Responses

Bank of England throws in the towel on growth – where does this leave Osborne?

The Bank of England appears to have thrown in the towel on growth with the publication of the latest Inflation Report, but where does this leave the chancellor?

Posted in Sustainable Economy | Also tagged , , | 5 Responses

0% growth forecast highlights need for stimulus to promote employment, growth and spending

The Bank of England’s latest warning that the economy has hit the buffers and will come grinding to a screeching halt later this year comes as no surprise.

Posted in Sustainable Economy | Also tagged , , , , | 18 Responses

Fickle King could have approved a similar “textbook” stimulus package in 2007

Sir Mervyn King heralded the chancellor’s £140 billion stimulus plan but rejected a similar plan when Labour were in power in 2007.

Posted in Left Foot Forward | Also tagged , | 16 Responses

The Bank of England is blind to the financialisation of commodities

The Bank of England is blind to the financialisation of commodities, explains Cormac Hollingsworth.

Posted in Sustainable Economy | Also tagged , | 28 Responses

The Bank of England is like a lifeguard who’s afraid of rubber rings

Cormac Hollingsworth asks what use the Bank of England is if it’s afraid of one of the key tools in its arsenal

Posted in Sustainable Economy | Also tagged , , , , , | 10 Responses

In Defence of Quantitative Easing

In the absence of fiscal stimulus, that is an injection of government spending, and with interest rates at rock bottom, the alternative to quantitative easing is mass unemployment. We have no choice.

Posted in Sustainable Economy | Also tagged , , , | 23 Responses