Tag Archives: the City of London
What Osborne should have said
George Osborne, Chancellor of the Exchequer, made an autumn statement in the House of Commons yesterday. This is what he should have said. Mr Speaker, Honourable Members, Successive governments have allowed the problems related to and in part caused by the operations of banks in this country to drag on. No solution is in…
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Countries in mutual suicide pact
The appalling UK GDP figures, which mark the longest period of contraction for 100 years, plus the weakening of US and Euro area economies, provides yet further evidence that current policies everywhere are failing. Yet the debate on what to do is getting nowhere. The sterile argument between Keynesian expansionists and advocates of austerity continues. That…
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