by localisewm | Aug 29, 2012 | Bank of England, Banks, Economics, Economy, Employment, Finance, Government, Low carbon, Manufacturing, Planning, Politics, Renewable energy, Transition
. Richard Murphy for Tax Research UK advocates positive action by government . Points made in January are just as relevant today 30% of all government debt is owned by the Bank of England – which is government owned – so debt is not as high as the Tories claim and the...
by localisewm | Feb 8, 2012 | Bank of England, Economy, Inflation, Sustainability
Practical proposals emailed to us by our founder member Colin Hines: *** NEWS RELEASE *** EMBARGO: 00.30am, Thursday 9 February 2012 INVENTOR OF QE AND GREEN MP CALL FOR UP TO £70BN GREEN QUANTITATIVE EASING TO STABILISE FLAGGING UK ECONOMY Economist Professor Richard...
by localisewm | Dec 12, 2011 | Bank of England, Banks, Economy, Inflation
Inflation in the UK is officially supposed to be about 5% and thus is the highest among the developed economies who founded the G7. Despite this our Bank of England ‘Base Rate’ has for nearly 3 years been 0.5 % – one of the very lowest in the...
by localisewm | Mar 13, 2011 | Economy, Employment, Inflation, Localism, Manufacturing
With inflation now clearly established above the 2% target – in defiance of the hopes of the Bank of England – most commentators are now expecting interest rates to rise in the months to come. Interest rates paid by UK households are, however, already some...
by localisewm | Nov 20, 2010 | Banks, Economy, Finance, Inflation
The highest rate of inflation among the original G7 members, is currently our UK inflation rate. Although there is much doubt about how representative the official UK figure is, no one really believes the official figure over estimates inflation. The October figures...
