Category: UK economy

A sceptical take on Nick Boles’ proposal for a “European Confederation”

The former MP has compiled a wish list of grand plans for world peace and global free trade, patched together with a half-baked proposal on UK membership of the EU’s Single Market. I'm not convinced... This weekend the Telegraph ran a story with the striking headline “Burnham told to trade nuclear umbrella for access to … Continue reading A sceptical take on Nick Boles’ proposal for a “European Confederation”

Weekly wrap – The heroes, villains, and victims of the Arday scandal

Like many others, I spent much of the week both amused and angered by the Jason Arday scandal (mostly angered). But there's also still plenty to write on the latest UK economic data and policy news. Theme of the week If you missed it (well done!), Jason Arday is a plagiarist, a serial liar and … Continue reading Weekly wrap – The heroes, villains, and victims of the Arday scandal

Weekly wrap – Is the NHS really a good model for social care?

A review of news over the past seven days, including thoughts on Burnham’s ambitions for a National Care Service and the case for a small increase in interest rates (“a stitch in time...?). Theme of the week Some first thoughts on Andy Burnham’s ambitions for a National Care Service (NCS)... There are four key questions. … Continue reading Weekly wrap – Is the NHS really a good model for social care?

Bank of England edges closer to an autumn hike

A small rate rise soon could be preferable to larger increases later - a case of “a stitch in time saves nine”. However, subdued money growth and strong competition should help keep inflation down. The Bank of England’s MPC left UK interest rates at 3.75% today, as expected, but the 6-3 split was more hawkish. … Continue reading Bank of England edges closer to an autumn hike