Making London a truly global financial centre again, with all that would imply for Britain’s place in the world, could quickly become more attractive than the apathy of decline, however proudly sovereign.
Posts Tagged: Bank of England
This type of relationship would reflect the existing pattern of UK-EU trade. It is a compromise that should win support amongst pragmatists.
However, the Shadow Chancellor insists that a shift towards a ‘broader mandate’ would not entail curbing the Bank’s independence.
Lower interest rates and monetary manipulation have been presented as the solution to our economic woes. But increasingly they create them.
The Treasury should be saved from itself by bringing the Party Chairman in to scrutinise the Autumn Budget before it is finalised.
The Government needs to present a persuasive explanation of why interest rates are set to rise further
Opportunists will try to lay it all at the door of Brexit. But the truth is more complex – not least given rising wages and the knock-on effects of Trump’s tax cuts.
“Some of these forecasts and inherently uncertain… I think it is fair to say that some of these forecasts have proven wrong in the past.”
Natalie Elphicke: Not since the moon landings have we built 300,000 houses a year. Here’s how that target can be met.
Right now, a whole host of things are said to be top infrastructure priorities. Yet, remarkably, housing is not among them. This needs to change.
Staff and public distrust of the Conservatives is so great that it is impeding vital reform.
He never resolved his conflict between being brought up to repress his emotions and as a politician having to express them.
Ideas for the Budget 2) Andrew Lilico: How Hammond can create sovereign wealth funds to invest in housing
Plus: the official measure of inflation should be changed; student funding requires reform; and the Chancellor must prepare for No Deal.
Perhaps we will never be able to return it to political control, but decisions like this must be made more accountable to ministers, businesses, and consumers.
Not only would many borrowers feel pain, but the Opposition might well be tempted to seize the chance to pile on the pressure.
Simply banging on about the socialist 1970s will not cut it. We need our own vision. Focus on shared ownership as the model for new housing would be a good start.
The Government must do much more to promote universities, apprenticeships and FE colleagues equally to ensure that young people get the skills they need.