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The self-inflicted UK housing crisis
The UK has been in a housing crisis for decades. According to the government’s own numbers, England alone needs between 232,000 to 300,000 new homes build [...]
Another summer, another credit crisis in the Eurozone
There is a new crisis brewing in the EU, tough this time it has failed to generate the mainstream coverage that was afforded to Greece when their tragedy was [...]
BoE confirms that they are trapped by low interest rates
The Bank of England’s 25bps cut to the benchmark interest rate last Thursday was fully in line with expectations – since Brexit it has been inevitable, not [...]
Putting the BHS pension deficit into perspective
The row about failed UK high street retailer BHS’s £572 million pensions deficit escalated in the past week, with former owner Sir Philip Green and House of [...]
A new challenge for the Fed: try talking up those GDP figures
On Friday we had the Q2 GDP figure from the US. Not only did it come in way below expectations @ 1.2% annualized, Q1 was adjusted down to 0.8%, the fourth [...]
Brexit: sorry unions fear flexibility
The left and the unions are concerned. Brexit will force a reconsideration of the EU rules and regulations that are not written into UK law, as they would [...]
Obama has shown us the real reason why Trump is dangerous
After last week’s Republican convention, it is now clear that Donald Trump will be the Republican candidate for president of the United States. Trump is [...]
Six things wrong with government regulation
Government regulation, it is popular to think, is necessary to prevent greedy capitalists from exploiting the ignorance of consumers by cutting corners and [...]
New PM, more of the same
Theresa May is set to be our next Prime Minister, and after Brexit there is a real opportunity for a new agenda, one our new leader hasn’t wasted any time in [...]
Brexit, Osborne and the BoE: inconvenient rules and convenient excuses
George Osborne, the Chancellor, had staked his reputation on returning the UK economy to health after the financial crisis. In doing so he imposed several [...]