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SubscriptionsCategory: Economics, Finance and Money
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The Flawed Logic of Extreme Australia Free Trade Deal Optimism
Ben Ramanauskas critiques the outlandish ideas of influential Brexit economist Professor Patrick Minford Several weeks ago, Professor Patrick Minford of Cardiff University – one of the most influential economists in pro-Brexit circles – claimed that the UK’s free trade deal with Australia would be worth £69 billion to the UK economy, the equivalent of 3% of GDP.…
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Rishi Sunak’s Russian Hypocrisy Shows Who he is Really Protecting
The Chancellor told UK firms to cut ties with Russia – while his own family has kept hundreds of millions of pounds of shares in a company still operating in Moscow
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OBR Forecast Reveals Pressures on NHS Waiting Lists – and Casts Doubt on Chancellor’s Cash Promises
Published in the minutes following the Chancellor’s Spring Statement, the Office for Budget Responsibility’s fiscal forecast raises alarm over post-pandemic health pressures
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‘Profiting from Putin’s Russia’: Quarter of Council Pension Funds Invested in Russian Firms
Sascha Lavin reviews the extent to which UK councils have propped up the companies linked to Putin’s war effort
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All the Bad News Rishi Sunak Buried in his Spring Statement
Finer details in the Chancellor’s budget statement reveal that taxes will rise, incomes will fall, and the young and poor will pay the price
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A Spring Statement for White, Wealthy Drivers
Sunak’s spring statement offered tax breaks to motorists – who are more likely to be white and on higher incomes, Sian Norris reports
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Looting the Land: Is Ukraine’s Black Earth a Reason for Putin’s Invasion?
Now sabotaging Russian tanks, Ukraine’s rich soil may be the prize that Putin seeks from his violence, write Dimitris Dimitriadis and Iain Overton
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New Stats Show Rich Getting Richer as Cost of Living Crisis Bites for the Rest
New data shows highest paid payrolled employees saw wages soar by just under £3000 a month since 2014, while the poorest got a paltry pay rise of £167, Sian Norris reports
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In Sending Weapons to Ukraine, We Must Not Forget the Lessons of History
Iain Overton provides a word of caution as the world exports tonnes of arms to the frontline of Putin’s war
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London’s Financial Giants Have Made Billions from Russia’s State-Linked Companies
TJ Coles explores the tangled web that exists between British and Russian money
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How Levelling Up, Brexit and the Ukraine War are Intertwined
Sam Bright explores how Brexit has exposed Britain to the reverberations of the war in Ukraine
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UK Politics Stands at a Crossroads – Which Path Will the Conservatives Choose?
Robert Saunders assesses whether war in Ukraine will result in British governance rolling-back its recent destructive tendencies – or whether it will further retreat into them
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Boris Johnson has Left an ‘Oligarch Loophole’ in the Economic Crime Bill
The Government’s ‘crackdown’ on money-laundering by Russian oligarchs has a large loophole which will allow some oligarchs to be exempted, reports Adam Bienkov
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Conservatives Cannot Fix a Cost of Living Crisis of their Own Making
The Government does not have the ideological or intellectual tools to stop Brits from being squeezed, says Mike Buckley
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The Ukraine War Has Exposed the UK’s Russia Delusion
Successive governments have chased Russian roubles while ignoring geopolitical reality, reports Sam Bright
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The Economic Crime Bill Doesn’t Nearly Go Far Enough
If the Government really want to seize the assets of Russian oligarchs, the Economic Crime Bill doesn’t go far enough, says Gareth Roberts
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The Brexit Build Back Botch: Businesses Visited by Boris Johnson See Profits Collapse
Sascha Lavin explores the reality behind the Prime Minister’s economic exaggerations
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The Conservatives Have a Long History of Taking Money From Russia
TJ Coles explores the Conservative Party’s decades-long attempts to schmooze Russian oligarchs
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The Real Trojan Horse: Beware Russians Bearing Gifts
As Russian troops reach Kyiv, state terror is rained on innocent civilians. Peter Jukes and Hardeep Matharu explore why the British Conservative Party has ignored Putin’s violent extremism in the mother of all intelligence failures
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UK Sanctions Will ‘Flop’ Because the City of London is Compromised by Russian Money
A former US defence advisor warns that Britain is likely to be the biggest drag on any Western sanctions initiative against Putin
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Has the Prime Minister Been Compromised by Russia?
John Sweeney delves into the ties between Boris Johnson and several Russian oligarchs
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Startling Facts About London: The Oligarch’s Paradise
Sam Bright explores the ways in which London has become a haven for a class of super rich who wish to keep their money and their secrets hidden
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The Biggest Intergenerational Gaps in Modern Britain
Sascha Lavin considers the vast, unspoken inequalities that exist between young and old
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Sunak’s Inadequate Response to the Energy Crisis Reflects the Treasury’s ‘Business As Usual’ Approach on Climate Change
The Treasury’s role in not forestalling investment in renewable energy sources is a key reason the Government cannot address the root causes of the cost of living crisis, says Thomas Perrett
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‘Levelling Up’ Will Fail – Because Inequality is the Conservative Business Model
Rebalancing the circumstances of the richest and poorest is not in Boris Johnson’s DNA, says TJ Coles
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Damning Report Suggests Government is Soft on COVID Fraud
A committee of MPs has found that HMRC is failing to deal with an ‘avalanche’ of fraud by businesses during the pandemic, reports David Hencke
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‘Golden’ Visas Issued to Rich Russians Reach Three Year High, Despite Russia Report Warnings
The Government scheme accused of aiding money laundering is still in operation, reports Sam Bright
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Rishi Sunak’s Energy Delusion
The Chancellor’s suggestion that a future of dirty, expensive energy is inevitable and that the public must simply accept it is false, says Nafeez Ahmed
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Rishi Sunak’s ‘Help for Energy Firms’ Show Who He’d Serve as Prime Minister
The Chancellor is refusing to raise taxes on companies making billions for their shareholders from rising energy prices, reports Adam Bienkov
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Dead Cats and Media Mayhem: What Is Happening Outside Westminster?
As the headlines focus on Partygate, and the talking heads debate what Partygate tells us about this Government, what has the Government been up to?
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Rishi Sunak: The Polished Populist
Sam Bright inspects the policy record of the man tipped to take over from Boris Johnson
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Wealth in Downing Street, Poverty in the UK
The Conservative Party could soon elect the UK’s richest-ever Prime Minister, while after 12 years of Conservative-led Governments millions struggle in poverty
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The Conservatives have Failed on Apprenticeships
Sam Bright inspects the gap between rhetoric and reality in relation to one of the Conservative Party’s key policy planks
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The Politics of Porridge
With inflation now at 5.4% and the cost of living soaring with it, the humble oat has become an avatar of moral virtue in a right-wing culture war, Sian Norris reports
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King of Chaos Boris Johnson Has Delivered for Hedge Fund Donors
As the media rightly focus on the PM’s alleged COVID rule-breaking, financial institutions quietly report pandemic profits, reports Tim Coles
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The Jackpot: How London Became a Concierge for Kleptocrats
Novelist Cory Doctorow tracks Britain’s domestic scandals back to the capital’s reliance on laundered money from overseas, and the feasting of so many professions on the proceeds
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A New Era of Austerity Beckons
For the past 12 years, the Conservative Party’s response to high public spending has always been the same: impose the burden on lower income families, says Maheen Behrana
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US Law-Makers are Blacklisting Renewable Energy Efforts
Thomas Perrett reports on the efforts of corporate lobbyists to stymie US President Joe Biden’s climate ambitions
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The Growing Regional Wealth Gap and Why it Matters
Sam Bright evaluates new data showing a growing divide between richer and poorer parts of the country
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Building Back Botched
The Government’s housing and construction plans are failing to deliver the country’s housing needs, a new parliamentary report has found
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How the Financial Sector Bankrolls Climate Chaos
The UK financial sector remains a significant contributor to the escalation of the climate crisis, reports Thomas Perrett
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Cheat Out to Help Out: Government Loses Nearly £6 Billion in Fraud Involving COVID Schemes
HMRC annual accounts reveal billions lost in fraud through the Treasury’s furlough payments and Rishi Sunak’s eating out scheme
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£515 Million-a-Week Hit in UK Exports to Top European Partners
New Government data shows rapidly falling trade with countries on the continent, reveals Sam Bright
