Also including thoughts on the latest Budget speculation, paying interest on reserves, the latest from the OECD and IMF, Carney and Blair’s EU fantasies, and what’s really happening to consumer confidence... Theme of the Week It’s party conference season, so politicians will not let a mere fiscal crisis disrupt the usual competition to see who … Continue reading Weekly wrap: Tax cut talk – the good, the bad, and the ugly
Tag: mark carney
What Carney and Blair both get wrong on the EU
Mark Carney’s vision for Canada’s future relationship with the EU and Tony Blair’s ambition for the UK to rejoin the bloc are delusional in similar ways. This blog explains why... Earlier this month, Canadian Prime Minister Mark Carney and European Commission President Ursula von der Leyen made a coordinated push to promote the idea that … Continue reading What Carney and Blair both get wrong on the EU
Project Rejoin’s ‘zombie statistics’ are doing no-one any favours
I often come across ‘zombie statistics’ for my collection of ‘bad Brexit takes’. Here’s a classic example for those not familiar with the genre. This week the Guardian published an article by Polly Toynbee which included the claim that “the Office for National Statistics says Brexit cost the UK £1m an hour in 2022”. This … Continue reading Project Rejoin’s ‘zombie statistics’ are doing no-one any favours
Why Mark Carney is wrong (again)
True to form, Mark Carney has made another unhelpful intervention in the Brexit debate. This time his remarks have generated more heat than light on the impact that the vote to leave the EU might have had on UK inflation. And by appearing to validate fears that UK interest rates have a lot further to … Continue reading Why Mark Carney is wrong (again)
