A new project will promote the idea that it is the government - not the private sector - that creates money. In doing so, it could demolish the arguments for austerity...
A new project will promote the idea that it is the government - not the private sector - that creates money. In doing so, it could demolish the arguments for austerity...
The expected cut in rates is likely to happen in August
The state is broke, and democratic government ineffective, because big business no longer pays tax.
Consumer price inflation rose more than expected in April, reaching 4.5% - up from 4.0% in March - according to figures released earlier today by the ONS.
David Cameron's economic policy today faces a new attack from a respected central banker. Paul Fisher, head of markets at the Bank of England, appears today to contradict remarks made by David Cameron in his leader's speech at Conservative party conference a week ago.