Latest borrowing data offer only a small crumb of comfort for the chancellor
Tony Dolphin examines the small amount of comfort which George Osborne can take from the recent borrowing figures.
Mervyn King
Boris Johnson argues against bank regulation, misses the point
The PM’s spokesman thinks Barclays understands public concerns, while Boris Johnson says the Libor scandal is funny. Could the Tories please get back in touch?
After the Barclays Libor scandal, how long must we wait for a public inquiry?
Fresh news of Barclays and other high street banks misselling financial products draws condemnation from none other than the governor of the Bank of England.
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.
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.
Break up Britain? It’s time the coalition took a different path
Ed Jacobs gives a moving analysis of the fragmentation of UK society caused by growing inequality as a result of government economic and social policy.
‘Misery index’ set to move even higher in coming months
Tony Dolphin looks at today’s Bank of England Inflation Report.
King’s speech: Governor’s “bigger picture” isn’t big enough
Following yesterday’s growth figures, James Plunkett argues that just ‘waiting it out’ is unlikely to deliver a cure to the sluggishness of the British economy.
New campaign to up the ante on bank reform
If banks operated in public interest, there would be no need for a ‘Big Society Bank’, argues Ruth Potts of the new economics foundation.
Bank of England forecasts lower growth and high inflation
In his opening remarks at the press conference to launch the report, Mervyn King, the Bank’s Governor, highlighted how these uncertainties mean that inflation could turn out higher than forecast (for example if commodity prices continue to increase at a rapid pace or if inflation expectations rise) or lower than forecast (if wage increases remain low and import price inflation fades).