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Crippling PFI deals leave Britain £222bn in debt

Independent 12th April, 2015 Every man, woman and child in Britain is more than £3,400 in debt – without knowing it and without borrowing a single penny – thanks to the proliferation of controversial...

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Britain’s fragile finances are a political no-go area

Liam Halligan Telegraph 2nd May, 2015 Aren’t financial assets “simply pumped up by printed money?” Don’t share prices “need to adjust downward by something like 50pc?” Is it “really the case that if...

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The left on the horns of a Chinese dilemma

Cailean Bochanan 4th October, 2015 I had the impression that Osborne’s recent and startling announcement of various deals with China, including the integration of our financial markets, no less, had...

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UK house prices to crash as global asset prices unravel

Telegraph 10th January, 2016 Asset prices around the world are collapsing as the global economy slows and UK housing will not escape Read moreFiled under: UK economy Tagged: bankrupt Britain

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Pound plunges to five-year low as manufacturing performance is worse than...

The exposure of the chronic weakness of the UK economy is long overdue: a bombed-out high street, empty pubs, falling share prices, the collapse of the property bubble and local government insolvency...

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Cameron spins the City’s demise

  Cailean Bochanan 21st February, 2016 It is unusual for the British establishment to risk a consultation with the people unless major changes are underway- changes which are sufficient to provoke...

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Martin Jacques explains UK’s pivot to China

Asia Times 24th February, 2016 Asia Times top writer George Koo recently interviewed Martin Jacques, the author of the global bestseller, “When China Rules the World.” The British journalist and...

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Brexit raises questions about pound’s elite status

Reuters 13th July, 2016 Britain’s vote to leave the European Union is raising questions about sterling’s place among the small, elite group of hard currencies underpinning the financial system. Read...

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UK’s financial services sector will retain its passporting rights despite...

Johnson’s “everything will remain the same despite Brexit” argument reflects either that he is completely delusional or that he is strongly hinting that Brexit is not going to happen at all. Regarding...

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Once again on the meaning of Brexit

Cailean Bochanan 2nd August, 2016 “Brexit means Brexit!” but what is Brexit? Well, now we know. It is the alignment of the UK with the policy which will dominate the next US presidency:  the strategy...

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