The Great Debate UK

Scottish National Party victories real seismic change in UK election

May 8, 2015
Nicola Sturgeon, leader of the Scottish National Party, makes a speech on the final day of campaigning in Edinburgh Scotland

Nicola Sturgeon, leader of the Scottish National Party, makes a speech on the final day of campaigning in Edinburgh Scotland, Britain May 6, 2015. REUTERS/Russell Cheyne

from Breakingviews:

UK politics is failing the trust test

By Hugo Dixon
May 4, 2015

Hugo Dixon is Editor-at-Large, Reuters News. The opinions expressed are his own.

UK politics is failing the trust test.

In the run-up to the May 7 election, the public has lambasted leaders of the established parties for breaking promises and lack of candour. While the critique is healthy, Britain has yet to give birth to leaders who score highly on integrity. This is needed, not just in the United Kingdom.

from John Lloyd:

No gimmicks, just 10 good reasons why Scotland shouldn’t leave the UK

By John Lloyd
September 11, 2014

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Readers of a romantic bent, perhaps Scots or descendants of Scots, may think that it would be cool for Scotland to vote for independence from the United Kingdom next Thursday.

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.

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.

Salvation through inflation: The British way out

October 18, 2011

By Laurence Copeland. The opinions expressed are his own.

Accusing policymakers of acting out of sheer desperation is a pretty standard jibe by critics trying to put them off their stride.

The QE billions should go direct to consumers

October 12, 2011

By Mark Hillary. The opinions expressed are his own.

In 1998, the Japanese government was ridiculed for giving away almost $6bn (at 1998 value) of shopping vouchers. The plan was that consumers would spend more of this ‘free money’ and help lift Japan out of the seemingly endless malaise it suffered in the nineties – as many other developed economies were enjoying a roaring decade.

Osborne’s “difficult” Conference Speech

October 4, 2011

By Kathleen Brooks. The opinions expressed are her own.

Chancellor George Osborne has weathered criticism of his economic policies from both sides of the political isle in recent months, so it was no surprise that the buzz word from his Conservative Party Conference speech was “difficult”. Life at Westminster is difficult for Osborne at the moment and it’s unlikely to get any easier.

No excuse for inaction – BoE’s Adam Posen

By Guest Contributor
August 31, 2011

By Adam Posen. The opinions expressed are his own.

It is past time for monetary policy to be doing more to support recovery. The Jackson Hole conference has come and gone, and no shortage of excuses was provided for central banks to hold their fire — even though most economists acknowledged the grim outlook for the advanced economies.