Who do you blame for the credit crisis?

June 30, 2009

Bankers, politicians and regulators have taken their share of the blame for the credit crisis.

Can MV=PT solve credit crisis for BoE?

March 5, 2009

Britain could begin a telling exercise in classical monetary theory on Thursday as the central bank gets set to test a newly minted policy of “quantitative easing”.

from MacroScope:

A path strewn with difficulties

January 19, 2009

An old Chinese proverb states that it is better to take many small steps in the right direction than make a giant leap and fall back. Judging by the number of bank lending initiatives announced over the past three months, British policymakers are taking this to heart.

Would you take a pay cut?

December 11, 2008

A small but growing number of companies are considering asking their workers to take a pay cut as a means of cutting costs without having to fire anyone.

The death knell for bling?

October 29, 2008

In these hard times, those whose job it is to part us from our money in the shops are beginning to describe the retailing experience as a family activity, a way of relaxing — absolutely nothing to do with conspicuous consumption, you understand.

No time to be boring for BoE’s King

October 22, 2008

mervynking.jpgBank of England Governor Mervyn King has made his first public speech since the emergency bank recapitalisation programme and several newspapers commented on the change in demeanour of a man who once said his ambition as a central banker was to be boring.

Is it enough to say sorry?

October 21, 2008

lehman.jpgSorry seems to be the hardest word in many walks of life – but for hard-nosed bosses  of financial institutions it seems to be even tougher, even during the credit crunch.