On the day that CPI inflation reached 6.2%, the government, via National Savings, is marketing Issue 2 of the Green … Continue reading ““Green Savings Bonds”: neither safe nor green”

This article is based on David B. Smith’s Politeia paper ‘The UK Government Spending Ratio: Back to the 1930s?’. Some … Continue reading “Government spending: ‘Back to the 30s’ claims are nonsense on stilts”

Fall-out from the Autumn Statement next week is likely to focus heavily on the slowdown in deficit reduction. Borrowing has … Continue reading “Ditch the structural deficit: Why Osborne has struggled to hit this moving target”

New Zealand introduced deposit insurance in 2008, during the recent financial crisis. In the middle of an election campaign, and … Continue reading “Open Bank Resolution: a credible alternative to deposit insurance?”

At the time of the last Autumn statement, the Office for Budget Responsibility (OBR) was predicting growth of 0.7 per … Continue reading “The Chancellor is still gambling on strong medium-term growth”