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July 8, 2014 |
RV |
On Thursday the 26th of June, Mark Carney, the governor of the Bank of England, announced a plan to curb the issuance of mortgages in the UK, by imposing two sets of rules.This comes as a reaction to the rapidly growing prices of UK and especially London property markets. Carney’s plan might work in terms […]
June 30, 2014 |
Alexander Clackson |
Almost four years into his leadership of the Labour Party, and with just 10 months to go until next year’s election, Ed Miliband has yet to persuade the electorate that he has the personal qualities needed to lead Britain. As a result, Labour is only narrowly ahead of the Conservatives, instead of enjoying the double-digit […]
June 21, 2014 |
Alexander Clackson |
The latest Global Peace Index has found that this year, the world became slightly less peaceful, continuing a 7-year trend. The decline was driven by global events that include tensions in the Ukraine, the ongoing conflict in Syria, civil war in South Sudan and a broadening and increased intensity of terrorist activity in many countries […]
June 11, 2014 |
Alexander Clackson |
At the moment, most global trade is conducted in U.S. dollars and more than 60 percent of all global foreign exchange reserves are held in U.S. dollars. This gives the United States an enormous built-in advantage, but thanks to decades of incredibly bad decisions by America, this advantage is starting to erode. Discussions and rumours […]
June 10, 2014 |
Alexander Clackson |
Nigel Farage and his party UKIP have a point about the EU. It is a flawed institution and definitely undemocratic. The influential technocrats in the EU’s executive branch, the European Commision, are not directly elected by citizens. The Eurozone relies on the decision-making of unaccountable European Central Bank. Furthermore the EU’s proposed trans-atlantic trade and […]
June 9, 2014 |
Alexander Clackson |
The European elections results have left the establishment shocked. It was expected that Euro-sceptics would do well, but not many predicted that, in Britain, their success would result in UK Independence Party (UKIP) becoming the party of choice for nearly a third of voters. This is the first time since 1906 that a party other […]
November 19, 2013 |
Alexander Clackson |
A year is a long time in economics. As 2013 dawned, many were expecting the worst since the financial crisis of 2008 the UK had suffered two recessions and a third was apparently just around the corner, ready to take the country into unchartered territory – the triple dip. Yet the picture began to brighten […]
November 9, 2013 |
Alexander Clackson |
Communications consultancy APCO’s London office recently held a roundtable discussion with former U.S. Energy Secretary Bill Richardson and Professor Alan Riley of City University regarding the implications of the U.S. energy revolution for the UK and Europe. The discussion could not have been timelier, with the energy debate in the UK heating up around the […]
November 9, 2013 |
Rohan Pai |
If there is one thing that stands out as extraordinary in this debate, it is the assertions put forward by the UK’s Chancellor George Osborne. He constantly claims that the recent crisis was caused completely by the irresponsibility of the Brown government, and uses this as his primary line of defence when tackling the popular backlash […]
September 7, 2013 |
Rohan Pai |
This article is intended to be a short update as a first-hand witness in India scrutinising the various views of investment here. As I write from the Pai family home in the centre of Mumbai, I notice just how much inflation has affected the retail market, which I like to observe so closely (having bought […]
September 3, 2013 |
Alexander Clackson |
The Green Party of England and Wales is on a roll. They won their first seat in the House of Commons in 2010 in Brighton and took minority control of the city’s council in 2011. They also have a good chance of a second seat in Norwich next time around. To this extent they are […]
August 24, 2013 |
Alexander Clackson |
Cooking a five-ounce burger is not the typical way to enter global headlines, but then again, the slightly charred beef served up to the world media on Monday, was no ordinary piece of meat. Assembled from tiny pieces of cow muscle, that have been cultured from stem cells and grown in a laboratory, Dr Mark […]
August 20, 2013 |
Alexander Clackson |
David Cameron’s expedition to India in February of this year seems to have been perfectly timed and potentially very lucrative. On his visit, the Prime Minister said: “I want Britain and India to have a special relationship… this is a relationship about the future, not [about] the past”. Beyond the delicate imperial history of the […]
August 20, 2013 |
Alexander Clackson |
Spain’s foreign Minister Jose Manuel Garcia-Margallo’s recent threat to impose a €50 toll on vehicles crossing the Spain-Gibraltar border reflects nothing more than a cynical attempt to deflect attention from the countries failing economy. Unemployment in Spain is currently at 25% (second only to Greece in the Eurozone) and the IMF last Friday warned it […]
August 4, 2013 |
Alexander Clackson |
Since the end of the Second World War, America has been the undisputed superpower of our world, matched only by the sheer size and nuclear capabilities of the Soviet Union. Since the fall of the Berlin Wall and thus the collapse of the USSR, America has been the unprecedented champion with military and economic might […]