IMF

The new ‘year zero’

Conor Pope  |  19 July 2017

The Corbynite wing of the Labour party is becoming more comfortable with shrugging off unhelpful ideological baggage in the pursuit of success, finds Conor Pope You can often learn more about a politician from a friendly interview than a hostile one. They are more likely to put their guard down and, given an open platform …

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The strange death of social democratic Greece

Thimios Tzallas  |  25 January 2017

The fate of Greece’s ‘Blairites’ provides a bitter lesson for centre-left parties across Europe, argues Thimios Tzallas It is very often argued that the European Union and the International Monetary Fund got it wrong with the Greek crisis. They overestimated the Greek economy’s resilience and set unrealistic fiscal targets which resulted to excessive and pointless austerity. The …

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Corbynomics redux?

Roger Liddle  |  5 October 2016

One of the (few) positives of the leadership election and the Liverpool conference is that they forced Jeremy Corbyn to make speeches about policy. Up to then Corbyn had behaved like an Old Testament prophet who rails against austerity, inequality and social injustice. This appeal never loses its emotional power, but what is extraordinary about …

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The structure of our economy is broken

Barry Gardiner MP  |  4 August 2015

An efficient economy does not perpetuate the misallocation of capital – it punishes it. The structure of our economy is broken. The governor of the Bank of England calls it the tragedy of the horizon, that point beyond the standard market outlook of 2-3 years where companies fail to anticipate and account for the impact …

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The legitimacy dilemma

Kirsty McNeill and Andrew Small  |  16 October 2013

Barack Obama’s hesitation, Vladimir Putin’s cunning and David Cameron’s parliamentary mismanagement combined to spare Labour from having to make a definitive choice about how the UK should respond to the Syrian government’s use of chemical weapons.  Yet given the convulsions in the region and the current state of geopolitics, the dilemmas that Syria posed will …

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Building economic policy for improving times

Stephen Beer  |  16 July 2013

How would an improving UK economic performance affect political debate? We might be about to find out. As I’ve noted previously, there have been signs of growth in the UK economy. The past few weeks have supported that view. At the beginning of July the June Markit Purchasing Manager Index  survey figures were released. The …

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Pickles in a pickle

Angela Eagle MP  |  19 April 2013

I began Business of the House Questions this week by recognising that the funeral of Margaret Thatcher was the end of an era. I rarely agreed with her but she did break the existing political and economic consensus and now I think it’s time do so again. I pointed out the scramble this government is …

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A good day out

Ben Cooper  |  30 January 2013

After an awkward two-week holiday in Europe, Ed returned to the issue that will undoubtedly matter  most to the electorate at the next election – the  economy. Following what was a poor performance last week, Ed had a stronger PMQs thanks to  having a lot more to throw at the prime minister –  continuing poor …

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The Libor distraction

Kitty Ussher  |  13 July 2012

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 investigate Libor-gate and if parliament also wants to conduct its …

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Double-dip just got deeper

Richard Darlington  |  24 May 2012

Today’s revision to the GDP figures for Q1 not only confirm that the UK economy is back in recession, they show that this recession is deeper than we previously thought. With two quarters of negative 0.3 per cent growth, it is hard to argue that the double-dip is a flatlining of the economy over the …

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