The Section 75 debate

Jos Bell reports from the Commons on the debate over Section 75 of the Health and Social Care Act.

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?”

Torfaen becomes first council to pass Financial Transaction Tax motion

We are proud that last week Torfaen became the first council in the UK to pass a motion calling on the government to implement a Financial Transaction Tax (FTT). It heralds the start of a nationwide initiative by the Robin Hood Tax campaign to get as many local councils signed up as possible.