Category Archives: Britain

Blogs about the United Kingdom

US Federal Reserve decision exposes moral bankruptcy and incompetence

On December 19, 2018, the Federal Reserve Bank Open Market Committee (FOMC), which determines the monetary policy settings in the US, increased the policy interest rate by 25 basis points to 2.5 per cent, as part of its plan to … Read the rest of this entry »

Posted in Britain, Central banking, Japan, National Accounts, UK Economy, US economy | 19 Comments

British data confirms strong FDI continues despite Brexit chaos

Wednesday and a shorter blog post so that I have a little more time to do other things. I don’t know what topic attracts the most hate E-mails that I receive on an almost daily basis: my position on the … Read the rest of this entry »

Posted in Britain, Music, UK Economy | 7 Comments

Britain should reject the Brexit ‘agreement’ but proceed with the exit

It is Wednesday, and only a short blog post beckons today. I have restrained myself from commenting on Theresa May’s unbelievable Brexit deal, which has the dirty paws of the European Commission all over it. Regular readers will know that … Read the rest of this entry »

Posted in Britain, Capital controls, Demise of the Left, Fiscal Statements, Framing and Language, Politics, Reclaim the State, UK Economy | 24 Comments

EU Services Notification Directive will undermine democracy within cities

In a blog post last week – Financial services agreements – the EU as a neoliberal, corporatist project (November 13, 2018) – I wrote about the way the EU compromised the capacity of elected Member State governments to advance the … Read the rest of this entry »

Posted in Britain, Eurozone, Politics, Reclaiming community, UK Economy | 11 Comments

EU forecasts are notoriously poor

I am travelling most of today to distant climes. And it is Wednesday, my alleged shorter blog day. Apart from some scintillating music suggestions today, I foreshadowed in Monday’s blog post, which analysed the British national accounts, that I would … Read the rest of this entry »

Posted in Britain, Eurozone, Music, UK Economy | 1 Comment

Financial services agreements – the EU as a neoliberal, corporatist project

I have been reading the new book by Costas Lapavitsas – ‘The Left Case Against the EU’ – which has been recently published. It is solid and clearly explains why the EU is not an institution or structure than anyone … Read the rest of this entry »

Posted in Britain, Demise of the Left, Eurozone, Reclaim the State, UK Economy | 23 Comments

British growth strengthens in September quarter 2018

On Thursday (November 8, 2018), the British Office of National Statistics (ONS) released the – GDP first quarterly estimate, UK: July to September 2018 – data, the first release under their new publication model, which is designed to improve “the … Read the rest of this entry »

Posted in Britain, National Accounts, UK Economy | 9 Comments

Corbyn more scary than Brexit

It is Wednesday, so a truly short blog. We have to proof read the final copy edit of our Macroeconomics textbook by the end of the next fortnight. Tough ask. But apart from a music journey today, the richest people … Read the rest of this entry »

Posted in Britain, Fiscal Statements, Music, UK Economy | 29 Comments

British fiscal statement – no end to austerity as the Left face plants

Last night in Britain (October 29, 2018), the British Chancellor released the – Budget 2018 – aka the 2018 fiscal statement (my terminology, to avoid triggering the flawed household budget analogy). The detailed analysis is being done by others and … Read the rest of this entry »

Posted in Britain, Fiscal Statements, Framing and Language, UK Economy | 16 Comments

The British Labour Fiscal Credibility rule – some further final comments

Over the last weekend, it seemed that we had a return of the Spanish Inquisition with a prominent British academic, who by his own words designed the fiscal rule that British Labour has unwisely adopted, repeatedly demanding that MMT Tweeters … Read the rest of this entry »

Posted in Britain, Fiscal Statements, Framing and Language, UK Economy | 38 Comments