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The Economy Articles

Have we now met the ‘five tests’?

What happened to €urogeddon? If you were to believe the collective hysteria of the UK media a few months back, then surely the euro should've collapsed by now, or at least been subject to a few ignominious exits. Those of us who pointed out (including, dare I say,...

The Libor distraction

Manipulating markets constitutes corporate fraud, regardless of whether or not those who engaged in such activities believed they had the cover of the Bank of England to do so. So it's right that the Serious Fraud Office has been given the resources it needs to...

No Grexit

By law, there are no opinion polls conducted in Greece in the fortnight running up to an election. So the latest data we have on the likely outcome of the poll re-run taking place on Sunday is from the back end of May. At that time, the pro-austerity party New...

The chimera of deregulation

Yesterday's Queen's speech exposed a fundamental misunderstanding at the heart of Conservative economic policy. It is not the case, as their actions imply, that the key to unlocking higher levels of growth is to reduce the so-called ‘burdens on business’. The...
The Libor distraction

The Libor distraction

Manipulating markets constitutes corporate fraud, regardless of whether or not those who engaged in such activities...

No Grexit

No Grexit

By law, there are no opinion polls conducted in Greece in the fortnight running up to an election. So the latest data...