WHEN energy consumers open the next bill, letter or email from their supplier, they should notice some major changes. On every energy bill, they will now receive personalised information about the cheapest tariff their supplier can offer.
ECONOMICS provides us with a really big insight into how the world works: people respond to changes in incentives. A great deal of public policy is based on this principle. Want fewer people to drive into Central London?
THERE is little doubt that Ukraine stands perilously on the edge of disaster, if not full invasion, as Russian troops assemble on its borders and pro-Russian activists violently demonstrate in key eastern cities.
WITH the “stimulus” versus “austerity” debate having receded, George Osborne likes to talk instead about his “long-term economic plan”. This has been dominated by a commitment to deficit reduction and a strong jobs market.
THE TURNOVER of Italian governments has been a regular feature of the European political structure for many years. Matteo Renzi’s recent elevation into the Prime Minister’s position has therefore been regarded in some quarters with ennui.
OVER four days, 300 people queued in a field by Heathrow to buy a home. It was 1964, and for £50 people could fulfil their homeowning dream in the soon-to-be-built suburb of Sunbury-on-Thames. The first 187 people did.
HOW CAN Britain prepare to compete with fast-growing emerging economies? Jeremy Browne thinks he has the answer. Race Plan, released yesterday, is refreshingly radical for a book written by a former Lib Dem minister.
LET ME begin with a confession. I admire former Fed chair Ben Bernanke for undertaking quantitative easing (QE) back in 2008. It was a brave decision, which involved taking a bold step across an unknown monetary horizon.
POLITICAL sound-bites can be excruciating. They hang around for a year or two before disappearing when they become untenable. Who can forget Labour’s “too far, too fast”, or the Conservatives’ “global race”?