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Tag Archives: debt

Thatcher’s legacy

Thatcher's legacy of debt

Twenty seven years ago today one of Britain’s most successful – and divisive – prime ministers left 10 Downing Street for the last time.  In her wake lay the ruins of Britain’s industrial past.  Coal, steel, shipbuilding, factory and rail towns had been reduced to a shadow of their former …

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Beware of Greeks bearing fake news

Greek fake news

What have Greece and the UK got in common?  In addition to being the two worst performing economies in Europe, it turns out that they also both have politicians who fiddle the data to pretend that they are doing better than is actually the case. Britain, famously, hides massive underemployment, …

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UK faces years of depression

Economic stagnation

The apparent resilience of the UK economy in the face of last year’s Brexit vote has confounded economists and pundits.  The Remain Campaign’s dire ‘project fear’ predictions simply failed to materialise.  The sharp fall in the stock market – more a reaction to the surprise result than to its economic …

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