The current financial crisis raises fundamental questions about the relationship between the commercial banks and the Bank of England. Before … Continue reading “Blame Brown’s reforms for the banking bust”

Earlier in the week, David Cameron signalled that he believed that banking regulation should be returned to the Bank of … Continue reading “The case for privatising the Bank of England”

I now have to admit that I was unduly optimistic about the UK response to the crash regarding the future … Continue reading “Regulators are rewarded for failure”

Quantitative easing has become such a buzzword that it has now become known by its initials – QE. On a … Continue reading “Quantitative easing: we need another Lawson”

The Bank of England is about to announce quantitative measures. The crucial thing to watch for is not the type … Continue reading “Getting quantitative easing right”

On Monday, George Osborne made an interesting speech. It would have been a good opening statement at a dinner party … Continue reading “What does Osborne mean?”