OBR report shows extent of lost economic potential
Of all the decisions the chancellor has made, the one he may be regret the most is making the Office of Budget Responsibility (OBR) independent.
Ranjit Sidhu
The Budget 2013: More of the same failed strategy
What this Budget has done is entrench this chancellor’s misguided policy and has squandered the opportunity of the last three years to significantly invest in UK infrastructure to make the country fit to compete in the 21st century.
Debt has become a convenient cover for ideological cuts
We must be watchful of a spinning of facts by this government to justify its policies. Nowhere has this been more apparent than when Cameron and co talk about government borrowing.
QE must be accompanied by economic stimulus if it is ever to work
With evidence overwhelmingly pointing to the need for demand boosting measures to kick-start the economy, we need to ask City economists the same question that John Maynard Keynes asked when challenged about his change in economic policy to tackle the Great Depression in the 1930s:
“When my information changes, I alter my conclusions. What do you do, sir?”
Three years of economic vandalism that have left the UK open to this triple-A debacle
The blame for the downgrading of the UK’s triple-A credit rating by Moody’s can be laid squarely at the door of the government.