Category Archives: UK Economy

Discussions specifically about the UK economy.

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

Left-liberals and neoliberals really should not be in the same party

This week’s theme seems to be the about how the so-called progressive side of the economic and political debate keeps kicking ‘own goals’ (given a lot of this is happening in Britain where they play soccer) or finding creative ways … Read the rest of this entry »

Posted in Demise of the Left, Eurozone, Fiscal Statements, Framing and Language, Reclaim the State, UK Economy, US economy | 35 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

A summary of my meeting with John McDonnell in London

It is Wednesday and I am reverting to my plan to keep my blog posts short on this day to give me more time for other things. Today, I will briefly outline what happened last Thursday when I met with … Read the rest of this entry »

Posted in Britain, Fiscal Statements, Politics, UK Economy | 67 Comments