More fast reaction from Colin Talbot to the Comprehensive Spending Review 2015. One thing has puzzled me since the introduction of “Quantitative Easing” (QE) in 2009. Between then and 2012 the Bank of England ‘bought’ £375bn of government bonds from their previous private sector owners. This is a pretty sizeable chunk of the total Government […]
The truth about deflation: keep calm and carry on (for now)
As official Government figures show that the UK economy deflated in April, for the first time since the 1960’s, Diane Coyle looks at whether we should be worried. There was much excitement about the news that the UK’s Consumer Price Index (CPI) declined by 0.1% in the 12 months to April. A negative figure for […]
UK productivity is a leadership challenge
This week Bank of England chief Mark Carney – and the University of Manchester’s own Ken Clark – highlighted the problem with productivity that our economy faces. Here Chris Bones offers some solutions. Whilst the coalition government delivered employment and growth it did far less well on productivity. The Bank of England reports that UK […]
Greece- The shape of things to come
In the aftermath of the Greek general election, which put SYRIZA, an anti-austerity left wing party, into power in coalition with far-right Independent Greeks, Dimitris Papadimitriou Professor of European politics at The University of Manchester, explores the situation and assess the possible impact. So, there you have it! Greek bailout politics have come full circle. […]
Budget 09 – What Would the Tories Do?
While everyone focuses on the Governments plans as set out in Budget 09, let’s pause for a moment and consider the Tories options.