The Great Debate UK

from MacroScope:

How uncertain exactly is the uncertain BoE?

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king-inflation.jpgFor a central bank that looks certain to bust its 2 percent inflation target for most of the time between now and the London 2012 Olympics, there is still a lot of uncertainty out there.

Bank of England Governor Mervyn King referred to "uncertain" or "uncertainty" about the outlook five times at the May quarterly Inflation Report press conference according to the bank's transcript, and the latest one didn't seem much more confident in tone.

"There is great uncertainty about the outlook for both the United States and our most important trading partner, the euro area," King said in his opening remarks before taking questions from reporters.

Later on, he proclaimed that the recovery period "will take several years before we adjust back to anything we can call remotely normal."

from FaithWorld:

Strong support to outlaw face veils as France prepares to vote ban

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France's plan to ban full face veils, which comes up for a vote in the National Assembly on Tuesday, enjoys 82% popular support in the country, according to a new poll by the Pew Research Center’s Global Attitudes Project. Its neighbours also approve -- 71% of those polled in Germany, 62% in Britain and 59% in Spain agreed that there should be laws prohibiting the Muslim veils known as niqabs and burqas in public. burqa 1(Photo: French woman fined for wearing a niqab while driving outside court in Nantes June 28, 2010/Stephane Mahe)

The poll, conducted from April 7 to May 8, did not range further afield, but reports from other countries show support there as well. The lower house of the Belgian parliament has voted for a ban, which should be approved by the Senate after the summer. In the Netherlands, several bills to ban full veils in certain sectors such as schools and public service are in preparation. Switzerland's justice minister has suggested the cantons there should pass partial bans but make exceptions for visiting Muslim tourists (the wives of rich sheikhs visiting their bankers in Zurich or Geneva?)

Winner Clegg dodges fray of battle in debate

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Tim Clark- Timothy Clark and David Greatbatch are professors at Durham Business School. The opinions expressed are their own. -

The debate is finished and the polls are in.  They consistently show that Liberal Democrat leader Nick Clegg was rated the best performer on the night.  Some instant polls put him over twenty percent ahead of Prime Minister Gordon Brown and Conservative leader David Cameron.

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