New skills eco-system puts clear water between Labour and the tories
A new ‘skills eco system’ now puts clear water between Labour and the Tories policy of ‘pile ‘em high and sell ‘em cheap’ low grade apprenticeships.
Green Politics
Elizabeth Warren: Drug dealers go to jail while bankers sleep in their beds at night
American senator Elizabeth Warren has launched a scathing attack on US bank regulators for allowing British bank HSBC to continue doing business in the U.S. despite confessing to what one regulator called “egregious” money laundering violations.
Vince Cable’s New Statesman article makes plain the need for a new economic strategy
Against the backdrop of the loss of the triple-A rating much coveted by Conservative Ministers – and trivialised by others – Cable is right again. Wednesday’s remarkable New Statesman article makes plain the case for a new economic strategy, and the need for as elegant as possible a reversal of Osbornomics that was itself eclipsed by Cable in the economic debates of 2010.
Britain will be left behind if it doesn’t support the financial transaction tax
It’s time Britain joined the other major economies of Europe in introducing the Financial Transactions Tax to help pay down the deficit. The other option is to continue to cripple its poorest citizens.
Cable turns on coalition’s economic strategy
In an article in the New Statesman Vince Cable has conceded that debt-funded investment in infrastructure “may assist in reviving growth”.
British workers see biggest fall in wages among wealthiest countries
British workers have suffered the biggest fall in the value of their wages of any of the world’s wealthiest countries, according to a new study from the TUC.
The Tories have no Plan B for Kensington when the property bubble bursts
Tory councillors have no Plan B for Kensington when the property bubble bursts. But Labour do.
The wait for action on unscrupulous Payday lenders goes on
Payday lending is back in the news today as two reports are released, one after the other, on changes to the regulatory architecture that oversees the industry. Given how much optimism there was last year with the FCA being given new powers, the meat of these reports will come as a disappointment.
George Osborne is on weak ground opposing sensible proposals on bank bonuses
Despite record fines for everything from mis-selling to Libor rate fixing and even money laundering, it has been another season of bumper bonuses. Yet against this backdrop our chancellor finds himself in Brussels arguing against a plan to rein in excessive bonuses.
George Osborne – driving the UK to frack and ruin
It was a curious day in the chancellor’s constituency yesterday, but also a very significant one. Greenpeace were there to bring home to George Osborne the realities of fracking.