New data published this week shows that banks are still not lending to British businesses, despite the government’s much trumpeted Funding for Lending scheme.
Tag Archives: The Economy
Ed Balls’ latest Guardian article is an interesting one.
All of a sudden, the debate around Scotland’s future has gained the kind of substance that many have been yearning for.
The UK is experiencing a slower economic recovery than 23 of the 33 advanced economies monitored by the International Monetary Fund (IMF) and is lagging behind all but one G7 country on exports, wage growth and manufacturing, according to new analysis published today by the TUC.
George Osborne fails on his own terms.
In many ways, the fate of SMEs (small and medium size businesses) has come to define the current economic crisis. Across the political divide there is widespread enthusiasm for supporting this sector because it holds the key not just to improved growth figures but a more balanced, resilient and dynamic capitalist economy.
It might seem unpopular to say it now but I once had hopes for Bitcoin.
Anarchists and libertarians may predictably have been excited about the potential of a currency that was neither linked to government or bank manipulation, but I liked the idea of it because P2P (peer to peer) has the prospect of making finance fairer from the bottom up.
Claims by the coalition government that the UK’s beleaguered manufacturing sector is beginning to show signs of recovery were dealt another blow this week by the reliable Markit/CIPS purchasing managers’ index (PMI), which showed that manufacturing contracted in the first quarter of 2013.