Posts tagged with: Bank of England

“We Can’t Afford It” – Is that True?

  Our government claims to want strong public services, but refuses to fund them adequately on the grounds that to do so would be “financially irresponsible.” Most of the media […]

The Debate We Need to Have

Our social contract – the ‘deal’ that makes us a civilised country – is under grave threat both practically and philosophically. And we are not talking about it. Practically, the […]

A Non-Solution to the Wrong Problems

Introduction Before looking in detail at this Budget, it is worth reminding ourselves that the economy is the system we as a country have chosen to put in place to […]

What the IMF Really Said

Twice a year, the IMF releases its World Economic Outlook. The most recent was published on 11 October 2022. Some on the extreme right have been claiming that it is […]

How to Stop the Government

The Conservative government works hard to give an impression of strength and determination: nothing we can say or do will stop it in its plans. And yet, over the last […]

The “Creative” Destruction of the UK

Last week, we wrote about Truss and Kwarteng’s Budget that “It is very clear that this Budget does not produce the change in direction the country needs; it is a […]

Trussed-up

  The UK faces multiple interconnected crises. In the medium term, we are suffering from mass impoverishment, failing public services and a climate emergency. In the short term, very acutely, […]

Will Truss Give It All to the Top 0.01%?

Truss has launched her so-called ‘plan for growth.’ History shows that the likely impact of that plan is to redistribute wealth upwards at an increasing rate, impoverishing most of the […]

How Not to Handle Inflation

The UK now has high inflation both by international and historical standards.  And it is causing a serious cost-of-living crisis which our government needs to address. This article looks at […]

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