Debating Europe [Re: European Parliament election: Could a victory for Ukip help it secure a domestic foothold?, yesterday]
IT’s BEEN a busy week in the world of monetary policy. On Sunday, Mark Carney said that rising house prices pose the biggest threat to economic recovery.
SCENE: A LONDON BACK STREET... SOCRATES: Hey, you there, why are you tearing up those placards? ANGRY VOTER: It’s over, the racists have won. It’s a black day for democracy.
WHEN President Vladimir Putin voyaged to Beijing this week, it was with one thing in mind: strengthening Sino-Russian relations. The signing of a $400bn (£237bn) gas pipeline deal with Beijing formed the centrepiece of this effort.
The UK and Europe [Re: Voters in the UK and Europe are in the mood for change, yesterday]
NOT LONG ago, the government’s mantra was that the Eurozone crisis was having “a chilling effect” on the UK economy.
THE UK housing market needs Help to Supply, not Help to Buy.
BRITAIN’S cities face a challenge: the economy may be powering forward, but London and the south east so dominate economic performance that some commentators have been questioning if the capital is becoming overmighty.
Miraculous Modi [Re: Why India’s political earthquake is the most significant turning point of 2014, Monday]
TOMORROW Britain will go to the polls to vote in the European elections. The choice could not be clearer: while other parties talk, the Conservatives are the ones who will deliver in Europe.
AFTER over 30 years of working for world-leading financial institutions, I know that most people working in the City think of the Tories as both better for them personally through low income taxes, and more pro-business generally.
LEAVING the EU is the surest way to pull the rug out from under the City’s feet. The Square Mile is Europe’s financial centre, with twice as many euro foreign exchange deals done in London than in any other country in the Eurozone.
TOMORROW you will be able to vote in a once in a generation election that really will have a lasting impact on the destiny of this great nation.
SINCE joining the Bank of England last July, Mark Carney has been keen to talk a good game on central bank transparency.
WORRIES are growing about some Eurozone countries slipping back into double dip recession. By convention, a recession is when national output (GDP) has fallen for two successive quarters. But this is far from being news.
Google judgement [Re: Is the “right to be forgotten” online a real danger to freedom in Europe? yesterday]
THE PUBLICATION of Michael Lewis’s book Flash Boys has understandably turned the spotlight onto high frequency trading (HFT).
THE LABOUR party used to be “intensely relaxed” about people getting rich. Now it is “intensely relaxed” about the ability of governments, rather than markets, to set prices and wages without detrimental consequences.
REGULATORS did not have the right data, tools or skills to see the 2008 financial crisis coming.
GENOA – I find myself in this predictably beautiful Italian city, about to visit the house of Christopher Columbus.
LONDON has, for the first time, claimed the top spot as a centre for business, finance and culture in Cities of Opportunity – PwC’s sixth annual index of 30 major cities internationally.
THE EYES of the world are turning to Brazil as “the beautiful game” returns to its spiritual home next month.
Monetary dark age [Re: The real world looks much less rosy than the Bank of England’s forecasts, yesterday]
ONE OF the chief arguments of those who are keen to maintain the status quo with regard to the EU is that a huge number of jobs is bound up with the continuation of the UK’s membership, not just in the City but throughout the whole economy.
IT LOOKS like the monster showdown of the year.
THE “BACKFIRE effect” is a term coined by the US political scientist Brendan Nyhan to describe how a person’s deeply-held convictions may actually get stronger when presented with contradictory evidence.
Politicising M&A [Re: Britain’s apparently open economy can’t afford this Pfizer political inquisition, yesterday]
WHEN a book called Capital in the Twenty-First Century, written by a French economist, hits the top of the best-seller list, you have to ask why. It’s not exactly familiar territory, after all.
THE LONGER Pfizer’s attempt to take over Astrazeneca remains in the political spotlight, the more intense and worrying the pressure on the government is becoming to extract guarantees about what the combined company would and wouldn’t do in Britai
YESTERDAY’S Inflation Report presented a benign view of UK economic prospects. Economic growth is expected to continue at around 3 per cent or above, double the rate over the recovery so far.
Power to town halls [Re: Radically decentralising power to town halls may pay UK growth dividend, Monday]
STERLING has had a good run against the dollar, but it can’t last much longer. The pound has risen to five-year highs on growing expectations of an early UK rate rise and more dovish comments from the Federal Reserve.
METROPOLITAN liberals love to be able to criticise Western society. Recently, their lives have been brightened by the extensive discussion on the rise in inequality since the 1970s, especially in the Anglo-Saxon economies.
THERE was something quite uncomfortable about watching MPs do their best to trip up the boss of a major multinational that has expressed an interest in investing in the UK economy.
Tech bubble [Re: This irrational tech boom risks the health of the global economy, Friday]
BRITAIN has a proud tradition of putting scientific inventions to commercial use – from the fire extinguisher to Beta blockers, used to treat high blood pressure.
ECONOMIC protectionism is back. Ukip has put immigration at the forefront of its EU election campaign, implying that competition in the jobs market from EU nationals is bad for UK interests.
WHEN I tell you Lithuania has a 15 per cent flat tax rate, does your mouth water at the idea of Britain adopting a similar system?
IT IS well that we contemplate the abyss, if only to avoid it.