The Great Debate UK

How the government is really helping the UK economy

September 6, 2012

The government’s latest plan to boost growth by relaxing planning permission rules has attracted a mixed reaction. In fairness, allowing homeowners who have detached houses to build an 8 metre long-extension is never going to get the UK economy out of the bolt hole it has found itself in. Likewise, the perceived U-turn on the plan to build another runway at Heathrow is unlikely to happen in time for Cameron and Osborne to take credit for the growth boost.

Democracy vs. austerity

May 8, 2012

By Kathleen Brooks. The opinions expressed are her own.

Throughout history it has always been difficult to take something away from someone once you have given it to them. Europe is finding that it is extremely difficult to reign in public finances once they start to go out of control. Democracies don’t like to vote for austerity, which is why Sarkozy lost the Presidency in France, why a radical left party came second in the Greek elections and why the Conservatives got a drubbing at last week’s local elections in the UK.

from The Great Debate:

Britain’s austerity experiment is faltering

By Nicholas Wapshott
March 28, 2012

It was the Welsh sage Alan Watkins who remarked that a budget that looked good the day it was delivered to the British Parliament was sure to look terrible a week later, and vice versa. The avalanche of new information dumped by the Treasury is simply too much to grasp at a single sitting, and governments tend to bury bad news in a welter of statistics. And so it proved with finance minister George Osborne’s budget served up last week.

from James Saft:

Britain eats (leverages) its young

November 22, 2011

James Saft is a Reuters columnist. The opinions expressed are his own.

Four years, several failed banks and at least one global recession later, Britain has finally discovered what its young people need: 19-1 leverage.

from James Saft:

Pension savers get the boot

November 30, 2010

From Dublin to Paris to Budapest to inside those brown UPS trucks delivering holiday packages, it has been a tough few weeks for savers and retirees.

from Global News Journal:

Quadriplegic in an age of austerity

October 17, 2010

Every time I write a story on European countries cutting public spending, I feel a frisson of panic. I can't help but fear my health, lifestyle and liberty could be a casualty of the "age of austerity".peter

In support of a “super law” to clamp down on tax avoidance

August 13, 2010

-Nizar Manek is a writer based at the London School of Economics. He blogs at Albino Whale. Follow him on Twitter. The opinions expressed are his own.-

from MacroScope:

It’s all Germany’s fault

July 20, 2010

It is fairly commonplace at the moment for U.S. and UK financial analysts -- what continental Europeans call the Anglo-Saxons -- to predict the collapse of the euro zone,  a project they were mostly sceptical about in the first place.  MacroScope touched on this on two occasions in March.

A year of austerity looms in 2010

December 23, 2009

david-kuo_motley-foolthumbnail-David Kuo is director at the Motley Fool. The opinions expressed are his own.-

If you thought 2009 was as bad as things will get, then think again: 2010 could be worse. It is likely to be a year of enforced austerity with both the government and households making obligatory cuts to their budgets.