The Forum

Friday 24 May 2013

FOR those who oppose the renewables industry, the discovery of shale gas is like the US Fifth Cavalry thundering into view.

Friday 24 May 2013

HE WASN’T writing about the brutal murder of British serviceman Lee Rigby on the streets of Woolwich on Wednesday, but Simon Jenkins’s analysis of the Boston marathon bombings has a chilling relevance. “Such deeds are senseless murders...

Friday 24 May 2013

LESS than two months after the bombings in Boston, the media is again filled with disturbing images of an act of savage terrorism.

Friday 24 May 2013

HS2 and London

[Re: Wake up call for the Department for Transport: Do the proper sums on HS2, Wednesday]

Thursday 23 May 2013

MARK Carney will arrive as the new governor of the Bank of England at a time when its policy is in disarray, but also when all the levers are in the Bank’s hands. He has a good chance to improve matters.

Thursday 23 May 2013

WITH the Eurozone economy contracting for six consecutive quarters, and the number of unemployed young people reaching record highs across the EU, many European politicians were elected on promises to promote growth.

Thursday 23 May 2013

THE opening lines of the press conference presenting the IMF’s report on the UK economy did not bode well. The IMF’s deputy managing director David Lipton congratulated the government on its labour market reforms.

Thursday 23 May 2013

The City for Ukip?

[Re: Don’t underrate Ukip’s potential – it threatens to overturn UK politics, yesterday]

Wednesday 22 May 2013

IT IS small wonder that Ukip’s rise has left the main parties looking bewildered: almost everything they think they know about the anti-EU insurgents is wrong.

Wednesday 22 May 2013

THE High Speed 2 (HS2) rail project is under fire on many fronts. Nimby protests in the affluent Home Counties have been augmented by more weighty criticism from the National Audit Office (NAO).

Wednesday 22 May 2013

JUST AS Woolworths allowed Wilkinsons, Poundland and Tesco to eat its lunch, M&S is putting its fingers in its corporate ears while the likes of Next, Zara and Waitrose at one end, and Aldi and Primark at the other, leach away its customers.

Wednesday 22 May 2013

Dangerous rally

[Re: City’s troubles aren’t over despite stock market’s resurgence, yesterday]

Tuesday 21 May 2013

BASED on the high standards of living enjoyed by their citizens, you might think that the governments of First World countries know how to create development. They don’t.

Tuesday 21 May 2013

THE mood in Westminster has changed. Sir Mervyn King’s musing that economic recovery is slowly but surely underway has been labelled a potential game-changer in the run up to the general election.

Tuesday 21 May 2013

A MONTH from now, ministers will announce whether or not they have renewed the second biggest ringfence in UK public spending: around the schools budget.

Tuesday 21 May 2013

Startup ventures

[Re: Autonomy founder: City tech funding is dysfunctional, yesterday]

Monday 20 May 2013

ECONOMIC pundits are rapidly dividing into two tribes: the Pessimists, and the Nostalgics. The Pessimists are the easiest to spot. For them, the paradigms have shifted, and the UK is on the wrong side.

Monday 20 May 2013

IN A globalised world, it is increasingly a truism that no single financial centre can operate in isolation.

Monday 20 May 2013

MANY dream about the day they can stop working. And the rise of retirement since the Second World War is clearly a defining feature of how developed societies have changed over the period.

Monday 20 May 2013

EU renegotiation

Friday 17 May 2013

IT IS now possible to imagine Britain leaving the EU after a referendum only a small minority of the public really wanted, and through a stark in/out choice the majority of government rejects.

Friday 17 May 2013

THE Obama administration trembled beneath the weight of scandal this week. Three shocking revelations saw a President who once promised hope and change compared instead to the disgraced Richard Nixon.

Friday 17 May 2013

THE Public Accounts Committee offered about as much to the debate on tax avoidance yesterday as a hot air balloon offers transport. No clear direction, not a lot of movement, but a lot of hot air.

Friday 17 May 2013

Private sector pain

[Re: Private sector workers’ pay frozen – but not public sector, yesterday]

Thursday 16 May 2013

THE Bermuda Triangle has long captured the imagination of millions, not least my own. But now the global economy appears to have developed its own black hole, and this time it’s not just a legend.

Thursday 16 May 2013

THE end is in sight for the era of too-big-to-fail.

Thursday 16 May 2013

THERE is one thing that can be guaranteed whenever the Bank of England releases its quarterly Inflation Report – in two years’ time, its central projection for consumer price index inflation is at or very close to the 2 per cent target.

Thursday 16 May 2013

EU referendum

[Re: Cameron needs to lead on the EU to open Labour splits, yesterday]

Wednesday 15 May 2013

BRITAIN has reached a crossroads. In the midst of global transformation and economic meltdown, we must decide how to survive this brave new world. We have to make the call; are we in or are we out?

Wednesday 15 May 2013

ACCORDING to the Scottish National Party (SNP), Scotland will be a land of milk and honey after its independence referendum next year. The highest per capita levels of public expenditure in the UK can easily be sustained.

Wednesday 15 May 2013

SO THE Conservatives have drafted a bill, which would require a referendum on the question “Do you think that the United Kingdom should remain a member of the European Union?” by 31 December 2017.

Wednesday 15 May 2013

Europe debate

[Re: Cameron’s last ditch gamble to buy some time on Europe, yesterday]

Tuesday 14 May 2013

WITH all the hype around Google Glass, the computer headset currently under development, you’d be forgiven for thinking the geeks were not just changing the world but our wardrobes too.

Tuesday 14 May 2013

I RECENTLY took part in a debate at the Cambridge Union, arguing in favour of the motion that “this House believes the modern welfare state is unsustainable”.

Tuesday 14 May 2013

THE debate about the EU is often portrayed as political. Who’s in? Who’s out? Who’s switched?

Tuesday 14 May 2013

Microbusiness

[Re: Why micro-businesses could be Britain’s economic future, yesterday]

Monday 13 May 2013

THE last 25 years saw a historic shift from a divided world to a global one. Communism collapsed, and states representing nearly half the world’s population turned to free market principles.

Monday 13 May 2013

EUROPE once again returned to the top of the political agenda last week following the intervention of several senior Conservative figures.

Monday 13 May 2013

AFTER years of dithering from politicians of all parties, Friday’s report from the Transport Select Committee was a breath of fresh air.

Monday 13 May 2013

Monetary policy

Friday 10 May 2013

IT MAY sound incredible given the current political debate, but the UK government now spends more as a percentage of GDP on childcare than all European countries except Denmark. Yet the direct costs to parents continue to rise inexorably.

Friday 10 May 2013

THERE’S nothing scary about having your takeaway delivered by a flying robot. No one lies awake at night because ordinary people are buying ceramic figurines based on their children’s drawings.

Friday 10 May 2013

AFTER 27 years in charge of Manchester United and unprecedented silverware to show for it, Sir Alex Ferguson has cemented his reputation as the most successful football manager of all time.

Friday 10 May 2013

Raise interest rates

[Re: Hike interest rates and return real working capitalism to Britain, yesterday]

Thursday 09 May 2013

AFTER the First World War, US industry took out far too much credit. The country experienced a nasty credit bubble and prices, including share prices, soared. Does this remind you of economic conditions anywhere else?

Thursday 09 May 2013

THINGS have gone from bad to worse at Bumi and ENRC. On 22 April, Bumi’s shares were suspended after it failed to meet a deadline for publishing its 2012 results.

Thursday 09 May 2013

THE health secretary Jeremy Hunt said yesterday: “The pull factors are very important if we are to deter people from coming here in the first place.” It is deeply depressing that, with UK GDP well below its 2008 level and no growth last year, the

Thursday 09 May 2013

Help to Buy

[Re: Fears of new housing bubble as government helps buyers, Tuesday]

Wednesday 08 May 2013

THERE’s a tendency to be negative about Britain’s economic performance. Rather than “flatlining”, however, our economy has been regaining momentum since late 2011.

Wednesday 08 May 2013

SPOTTING and identifying new species is always exciting. And the last couple of years has seen the emergence of a new type of economic commentator, the recovery denier.

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