Britain’s hostility to international students puts trade deals at risk September 13, 2018 Some 11 years ago, in parliament, I personally spearheaded the change in rules to allow international students to automatically stay on in Britain and work for two years after graduation. Sadly, this was removed by the government in 2012, under the then home secretary Theresa May. Today, that inward-looking attitude hasn’t changed. This week, the [...]
Britain’s hostility to international students puts trade deals at risk September 13, 2018 Some 11 years ago, in parliament, I personally spearheaded the change in rules to allow international students to automatically stay on in Britain and work for two years after graduation. Sadly, this was removed by the government in 2012, under the then home secretary Theresa May. Today, that inward-looking attitude hasn’t changed. This week, the [...]
John McDonnell would hound gig workers out of their jobs with his socialist dystopia September 13, 2018 Since becoming shadow chancellor, John McDonnell has worn the appearance of a wolf in sheep’s clothing. This week, he reverted to type as a wolf in wolf’s clothing. His speech at the TUC Congress on the gig economy shouldn’t surprise us. This is, after all, a man who waved Mao’s Little Red Book when he [...]
John McDonnell would hound gig workers out of their jobs with his socialist dystopia September 13, 2018 Since becoming shadow chancellor, John McDonnell has worn the appearance of a wolf in sheep’s clothing. This week, he reverted to type as a wolf in wolf’s clothing. His speech at the TUC Congress on the gig economy shouldn’t surprise us. This is, after all, a man who waved Mao’s Little Red Book when he [...]
Gordon Brown: World ‘sleepwalking’ to another financial crisis September 13, 2018 The world is “sleepwalking” into another financial crisis, former Prime Minister Gordon Brown said today, but said it lacks the international will to quickly recover. Read more: A decade on, hubris is the lesson to learn from the Lehman tragedy Brown issued the warning in the week marking the 10th anniversary of the collapse of [...]
Gordon Brown: World ‘sleepwalking’ to another financial crisis September 13, 2018 The world is “sleepwalking” into another financial crisis, former Prime Minister Gordon Brown said today, but said it lacks the international will to quickly recover. Read more: A decade on, hubris is the lesson to learn from the Lehman tragedy Brown issued the warning in the week marking the 10th anniversary of the collapse of [...]
Bank of England: Hold fire until there is Brexit certainty says the shadow MPC September 13, 2018 City economists are all but certain that the Bank of England will hold interest rates steady today, only six weeks after raising interest rates and with the Brexit endgame fast approaching. The Bank’s rate-setting monetary policy committee (MPC) will announce its latest decision at midday, with all eyes on any tweaks to guidance around the [...]
Bank of England: Hold fire until there is Brexit certainty says the shadow MPC September 13, 2018 City economists are all but certain that the Bank of England will hold interest rates steady today, only six weeks after raising interest rates and with the Brexit endgame fast approaching. The Bank’s rate-setting monetary policy committee (MPC) will announce its latest decision at midday, with all eyes on any tweaks to guidance around the [...]
DEBATE: Should gig economy workers be given more rights and protections, as John McDonnell suggests? September 12, 2018 Should gig economy workers be given more rights and protections, as John McDonnell suggests? Brhmie Balaram, senior researcher in the RSA’s Economy, Enterprise and Manufacturing team, says YES. I imagine most people would agree with John McDonnell that it would be desirable to grant gig economy workers more rights. At the same time, they might [...]
The economic answer behind superstar salaries September 12, 2018 Rugby Union’s Premiership season is underway again. This is yet another professional sport which operates on the principles of socialism: the money all ends up in the pockets of what we might call the “workers”. In a sport which was allegedly only played by amateurs until the mid-1990s, earnings have boomed. The average salary in the [...]