Three-quarters of all bank credit is still being gobbled by domestic householders to service mortgages and fund related consumption.
Posts Tagged: Eurozone
The Chancellor must be hoping that something will. A decade of sluggish growth on the Continent is hardly good for Britain’s prospects.
Can austerity really be to blame in a country with sky-high levels of sovereign debt and public spending?
Now it’s France and Germany whose economies are in trouble, not just the Southern nations.
Britain finds herself between a ‘Keynesian’ America and a ‘Monetarist’ EU – but is doing better than both of them
Interview: Fox propounds his points-based immigration policy – and agrees it would mean a fall in family migration
The former Defence Secretary gives his view on quitting the EU, its appeasement of Putin, and the reshuffle – “what’s done is done”.
The new neo-Keynesianism: Britain must run a deficit to prop-up demand in the Eurozone
Mark Field MP: A cautionary note on Carney’s anniversary. Beware the dangers of worshipping Central Bankers.
There are lessons for today from the rise and fall of the “Lords of Finance” in the 1920s. Risk has been continually mispriced during recent years.
If he wants Britain to stay in, he needs a programme which can both address concerns here and win support abroad.
Andrew Lilico: “The idea of a Single European State is now old-fashioned. When I go round Europe no-one is in favour of that.”
We must be clearer about what we are trying to achieve within Europe if we are to obtain reforms that suit us.
Yes, interest rates are bound to rise. But I am optimistic about the economy – though we still need, as ever, to boost the savings rate.
Britain and America stand together as countries that have managed to combine austerity with economic growth.
Andrew Lilico: Any EU renegotiation needs to work when there are 24 members of the euro, not just 18
A settlement would have to work for the long-term – and it’s hard to see how one could be designed.
Radical libertarian thinkers don’t actually want to overthrow democracy, but to leave it behind.