The Great Debate UK

Budget background: Dark with light patches

March 17, 2014

–Laurence Copeland is a professor of finance at Cardiff University Business School. The opinions expressed are his own.–

from The Great Debate:

An unstable global economic system that is being ignored

By Daniel Alpert
October 8, 2013

Today, the International Monetary Fund announced yet another a reduction in its global growth projections for 2014, with its estimate of U.S. growth also reduced (citing reduced government spending, but not the present U.S. government shutdown -- or the heretofore unthinkable notion of the U.S. government defaulting on its obligations). Despite the seeming urgency of global economic slowdown, when world leaders attended their annual fall confabulation at the United Nations in New York last month, they focused on the diplomacy of physical security (Syria, Iran, etc.). Thus another year has passed in which global economic security issues were on no one’s reported agenda.

UK recovery, but not on the high street

September 12, 2013

It was only a few days ago that George Osborne declared victory on economic malaise saying that the UK economy has turned a corner. The economic data has improved dramatically in the last six months, which gave Osborne a battering ram to launch a political attack on the Labour Party. Osborne used his moment in the sun to prove Ed Balls and all on the other side of the political bench wrong, saying that his austerity programme is right for Britain.

Predictions and wishes for Osborne’s 2013 Budget

By Guest Contributor
March 19, 2013

By Nick Hostler, tax expert at BDO. The opinions expressed are his own.

Following the recent loss of the UK’s AAA rating, Chancellor George Osborne will be keen to show real progress and dedication towards eliminating the UK’s structural fiscal deficit, but must balance this with ensuring that the UK is a highly competitive and attractive location for multi-national businesses. The Budget should mark a watershed moment for the coalition government as Osborne, with an eye on the next general election, treads a fine line while demonstrating an understanding of the pressures faced by individuals and businesses across the country.

Budget day cheer is here again

March 19, 2013

By Laurence Copeland. The opinions expressed are his own.

Budget Day again, and the pressure on Chancellor George Osborne is rising ominously. There is little agreement about what needs to be done, but complete agreement that something has to change because the state of Britain’s economy is simply awful.

Economic quagmire adds pressure for monetary policy change

By Guest Contributor
January 14, 2013

–Darren Williams is Senior European Economist at AllianceBernstein. The opinions expressed are his own.–

from Breakingviews:

Boris Johnson intervention reduces Brexit chances

By Hugo Dixon
December 4, 2012

By Hugo Dixon

The author is a Reuters Breakingviews columnist. The opinions expressed are his own

Can we trust economic data?

October 22, 2012

By Kathleen Brooks. The opinions expressed are her own.

China is often berated for providing unreliable economic data. Behind every release there are some who believe officials in Beijing have been at work to manipulate the data for the government’s benefit. But is China alone in this and can we trust the data coming from other economies in the West?

Why natural capital will transform the 21st century global economy

By Guest Contributor
April 4, 2012

By Adam Matthews, Secretary-General of Global Legislators Organisation (GLOBE). The opinions expressed are his own.

A crisis of trust is at the heart of global uncertainty

By Guest Contributor
January 26, 2012

By S. D. Shibulal, CEO of Infosys. The opinions expressed are his own.

During the first day at the World Economic Forum yesterday, we witnessed delegates arriving with two things on their minds — how heavy the snowfall was and the realisation that new business models are needed to overcome global economic pressures. (It goes without saying that the mood at Davos hasn’t been helped by the IMF downgrading world growth targets). We all agree that we’re living in a volatile world and it cannot go ignored that there are many uncertainties we face, including currency volatility and high unemployment.