[Re: We should be glad that foreign firms want to buy British companies, yesterday]
MOST new jobs are not created by established big businesses adding a few people here and there, or by the many smaller firms that are happy to stay small rather than take a risk and expand.
THE VIEWS expressed by the new Bank of England governor Mark Carney on interest rates and unemployment remain a hot topic.
THE ABSURDLY nationalist argument over whether foreigners should be allowed to own companies in Britain is raising its ugly head again.
[Re: BT Sport has a mountain to climb in its bid to beat BSkyB, yesterday]
SOME Conservative MPs are in an optimistic, even euphoric, mood. The economy is recovering as is, crucially, public confidence in the government’s stewardship of it.
ECONOMIC indicators seem to be improving. Yes, there are concerns that the growth we are seeing is “the wrong type of growth”, fuelled in part by government attempts to re-inflate the housing market.
YESTERDAY saw the release of a report by the Child Poverty Action Group (CPAG) showing what many already expected. In recent years, child-related expenses have risen considerably, with the cost of childcare a major driver.
HS2’s growing bill
[Re: HS2 rubbishes claim that costs could hit £80bn, Monday]
THE DUST has barely settled on the London Anniversary Games and work has already begun to convert the iconic Olympic Stadium for future use.
PROXY season is more or less over, and boards are bulging with new members or otherwise breathing a sigh of relief.
Arts versus science
THIS week’s inflation figures all but confirm that Londoners will face a rise in Tube and bus fares of over 4 per cent in January.
THE PREMIER League returns tomorrow. Although most of us will be interested in the quality of the football on offer, the amounts of money involved are no less significant.
[Re: UK needs to stop deliberately inflating residential land prices, yesterday]
IN A bold and commendable move, the government last week granted university status to BPP University, making it the second for-profit private higher education institution in the UK.
AS STUDENTS collect their A-Level results, we should ponder why Britain continues to have state-mandated qualifications in the first place.
THE Eurozone has finally exited its longest recession. Rather than smashing through the barrier, it limped over the line with 0.3 per cent growth in the second quarter of this year – although even this was enough to exceed weary expectations.
[Re: The French build three times more new homes than we do, yesterday]
THE NEW governor of the Bank of England, Mark Carney, said last week that interest rates will not be raised until unemployment falls below 7 per cent, a process he thinks will take three years.
THE government claimed a “march of the makers” would drive Britain out of recession. Fast-forward a few years, and it might just be becoming a reality.
[Re: Is David Cameron right to say the UK is missing out by not exploiting shale reserves? Monday]
TWO years ago, as the recovery stalled, a number of commentators suggested that the main problem with the UK economy was too much “red tape” preventing employers creating jobs.
THE Bank of England wants to secure sustainable growth and reduce unemployment by promising to keep rates near zero for three more years.
THE DEBATE over Britain’s abundant shale gas reserves is welcome. It reflects an acknowledgement, at last, by policymakers that energy security and costs are at the top of voters’ priorities, and need to be urgently tackled.
[Re: We must be more meritocratic – but quotas are not the answer, yesterday]
NO REAL rock star has ever received such rave reviews for promising to do nothing for three years. But Mark Carney breaks the mould.
THIS week, teenagers across the country will receive their A-level results, and embark on the next stage of their academic and professional lives.
THE UK now has one of the fastest-growing populations in Europe, according to a new report by the Office for National Statistics.
FROM 1992 until 2007, the UK had a monetary policy framework (a system for how interest rates were set and money printed) called “inflation targeting”.
BRITAIN needs better liars. Having lost our tolerance for taking reality straight up, we need a more palatable way to swallow hard truths. And for this, truth sugared by fiction looks like the best option we have left.
IN THE coming months, as the EU floats the possibility of fiscal, debt, and banking union as a solution to the Eurozone crisis, there is an opportunity for David Cameron to renegotiate a new deal that benefits our service and financial sectors.
[Re: Why the governor’s monetary revolution will eventually backfire, yesterday]
THERE is a wind of change blowing through the Bank of England with new governor Mark Carney at the helm.
WE FEEL no need to excuse businesses that are doing all they can to create jobs. Those who have this week labelled zero hours contracts abusive have completely missed the point.
ALMOST everyone will be disappointed by governor Mark Carney’s announcement yesterday. Those hoping the Bank of England would announce more monetary easing will feel let down.