Tag: George Osborne

The Green shoots of a potential disaster

I am grateful to Dominic O’Connell, the Business Editor of the ‘Sunday Times’, for providing me with this week’s blog. In an editorial headed ‘Green and the Old Lady’ he speculates on the potential contenders to replace Sir Mervyn King…

“When you are taking the country through difficult times…

… and decisions- you have to take the country with you “. David Cameron PM   Last week… …the FTSE 100 improved 1.3% to 5965. The FTSE 250 increased 2.3% while the Aim All Share lost 0.4% to 807. US…

Britain is in a Keynesian liquidity trap

It is pretty obvious that the Prime Minister and the Chancellor of the Exchequer have little or no idea on how to stimulate Britain’s stagnating economy. The Monetary Policy Committee will meet this week and huff and puff in a…

A Christmas message for Britain’s Middle Class: “You’re doomed.”

“What right have you to be merry? What reason have you to be merry? You’re poor enough.” (Scrooge to his nephew. ‘A Christmas Carol’; Charles Dickens) While St. David of Etonia is lecturing the Clergy on Christian morality and George…

No Christmas presents from you then, George!

The recent Autumn Statement delivered by the Chancellor on 29 November 2011 was vague, meaningless and now mostly forgotten. Economic growth was non-existent and the decline continues. To detract from his hopeless position George’s friend St. David is lecturing the…

Tell me Mr. Cameron, how are your pledges on the NHS going?

I resigned my membership of the Conservative Party for two reasons: The Coalition Government was not only un-necessary and not only meant that eighteen Government positions were taken by Liberal-Democrats but it was a betrayal of Conservative principles. Dissenters were…

China reduces level of bank reserves

In this week’s bulletin: Global equity markets enjoyed one of their best weekly rallies in over two years last week with most major indices up around 7%. The gains followed two weeks of losses and came after a group of…

The eurozone and UK economies slowing markedly

In this week’s bulletin: Ahead of the Chancellor’s Autumn Statement tomorrow, we have included the first in a series of articles written for us by Dr Andrew Sentance, Senior Economic Adviser at PricewaterhouseCoopers and former member of the Bank of…

Mr. Angry is…!!!

A search of his Thesaurus has failed to find the words which adequately describe the emotions of Mr. Angry at the moment. Who said the following? “We need this to be a country where more people think ‘I can start…

likely loss of up to 50% on the Greek sovereign bonds

In this week’s bulletin: As the eurozone sovereign debt crisis rumbled on last week investors suffered bouts of uncertainty mixed with optimism, creating continued volatility in global markets. Notwithstanding, developed economy equity markets posted some small gains unlike in the…