Category UK Debt

Why we won’t fix the UK by selling Natwest to irrational retail investors….

Jeremy Hunt tried hard to be interesting, but it was all a bit forgettable. An election is coming. How bad will it be? As for selling Natwest to fund UK growth – has Hunt actually considered the outlook for banks as the risk outlook deepens?

Thames Water – The Straw that broke the UK’s back?

The Thames Water debacle is shaping up to be a critical “Judder” moment for the UK. Public utility privatisations decades ago have left a legacy of underinvestment and broken services. The bills will be enormous – and crippling - creating a potential investment crisis.

The Phillips Curve – Just How Inappropriate a Economic Tool Is It?

Phillips Curve economics calls for higher unemployment to calm inflation. Great plan says The Bank and Chancellor while consigning millions of UK citizens to penury. We need something better than wrecking lives and the economy.

Kwarteng wins Financial Idiot of the Year as IMF warns on the dangers of debt and swaps… and Buttcon worth $1?

Good is bad, and bad is good as Kwasi Kwarteng wins the Financial Idiot of the Year award as the IMF warns about the consequences and dangers of $80 trillion of hidden swap debt and rising global debt levels. Should we worry? Probably.

The UK prepares it’s Economic Suicide Note.. Where is Guido Fawkes when you need him?

The Bank of England laid out bleak scenarios for the UK economy – but the outlook and long term future will be worse because the Government has “straight-jacketed” its budget options down to Austerity – which will lead to economic disaster. There is an alternative!