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Cormac Hollingsworth

Website Cormac writes for Left Foot Forward on the economy; he is an economic policy consultant who previously worked as an MD at a European investment bank.

Glasman is battling over postage stamps, but growth is the priority

Cormac Hollingsworth
9 January, 2012

Cormac Hollingsworth argues that Lord Glasman is focusing on the smallest, least relevant areas of policy, and ignoring the only one that can make a difference: Growth.

A word for 2012: Liquidation

Cormac Hollingsworth
4 January, 2012

Just as deleveraging was the watchword for the first stage of the banking crisis, we are now seeing the roots of the second stage: Liquidation.

Cameron’s excuses don’t add up

Cormac Hollingsworth
13 December, 2011

Cormac Hollingsworth explains why, although we don’t know what did cause Cameron to walk out of the EU talks, we can be pretty sure what it wasn’t.

How bankers’ bonuses are contributing to the new credit crunch

Cormac Hollingsworth
6 December, 2011

Investors do not trust a banking sector grown drunk on bonuses – one of the reasons why we are facing a new credit crunch, writes Cormac Hollingsworth.

Balls repeats his conference message – but the circumstances have changed

Cormac Hollingsworth
6 December, 2011

Cormac Hollingsworth reports on shadow chancellor Ed Balls’s op ed in today’s Times.

“In the black Labour” nails its colours to the OBR – the OBR that keeps on getting it wrong

Cormac Hollingsworth
2 December, 2011

The Into the Black Labour crowd have nailed their colours to the OBR just as it – and George Osborne – lose credibility. What gives?

Osborne is perilously close to failing to cut borrowing at all

Cormac Hollingsworth
1 December, 2011

Tuesday was an awful day for the government, but the prediction is for 2011-12 borrowing to still be lower than 2010-11, writes Cormac Hollingsworth.

These Tories can’t even privatise competently

Cormac Hollingsworth
28 November, 2011

Cormac Hollingsworth explains why, if you wanted to sell Northern Rock, you would have done it better than the Government. So why didn’t they?

How we were all Glazered by Virgin’s purchase of Northern Rock

Cormac Hollingsworth
24 November, 2011

Cormac Hollingsworth explains why the government’s chosen the wrong way of dealing with Northern Rock, and points out what they could have done better.

The FSA can’t stop Virgin stripping another £345 million from Northern Rock deal

Cormac Hollingsworth
23 November, 2011

The FSA can’t stop Virgin stripping another £345 million from Northern Rock deal, explains Cormac Hollingsworth.

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