Ministers must sit down with businesses to work out a recovery plan to stop Britain’s economy falling into recessionUK business confidence collapses as ‘stagflation’ fears growCovid cases rise as UK schools return and furlough endsThe events of the pas…
Ditching furlough scheme will add to UK’s economic woes, warn unions and firms
Rishi Sunak criticised for cutting off wage-subsidy lifeline that still supports over a million jobsRishi Sunak’s decision to wind up the furlough scheme today will intensify Britain’s economic woes, an array of unions, business groups, employment expe…
Tax Loopholes and Revolving Doors (Occupy K Street)
How Accounting Giants Craft Favorable Tax Rules From Inside Government [ungated] – “Lawyers from top accounting firms do brief stints in the Treasury Department, with the expectation of big raises when they return.” also btw…
This Is How America’s Ri…
The Southeastern train arriving on platform 3 is £25m late
Latest rail franchise to hit the buffers at least arrived at the destination via an unconventional routeGovernment to take over Southeastern State takeover will amplify calls for rail reformThe conventional way for a company to get stripped of a rail f…
How much poorer would the rich need to be to provide a basic minimum income for everyone?
The long-running series in which readers answer other readers’ questions on subjects ranging from trivial flights of fancy to profound scientific and philosophical conceptsHow much poorer would the rich need to be to provide a basic minimum income for …
Fears for 1 million furloughed staff with Sunak set to finally end scheme
After the success of the chancellors’s £70bn programme, there is uncertainty about the future direction of the economyThe biggest state intervention in the UK’s labour market in peacetime comes to an end this week when the government finally winds up i…
We need to talk about ‘moderate’ Democrats
Why Are Moderates Trying to Blow Up Biden’s Centrist Economic Plan? [ungated] – “In attacking the Build Back Better Act, they are working against their own purported aims.” “This is why America as an experiment — the building of a society that is both…
El Salvador’s adoption of bitcoin as legal tender is pure folly
Cryptocurrencies are a baffling entity but adopting it as legal tender is the strangest, most worrying aspect of allEl Salvador this month became the first country to adopt a cryptocurrency – in this case, bitcoin – as legal tender. I say the first, be…
Inflation is poised to top 4%: is the Bank of England asleep at the wheel?
Analysis: Threadneedle Street is adopting a wait and see policy and keeping interest rates unchangedHigher energy prices will send the annual inflation rate above 4% by the end of the year and keep it there well into 2022. On the face of things, the Ba…
Bank of England warns energy price surge will push inflation over 4%– business live
Inflation expected to rise ‘slightly over 4%’ in the final quarter of this year, as energy and goods prices surgeLatest: Bank predicts CPI inflation will rise over 4%MPC leaves rates on hold, but two policymakers want to end QE earlyBank says case for …