Zack Polanski has won an extraordinary and well-deserved victory. 84.6% of Green party members voted for Polanski and his platform of “eco-populism”, with a record turnout for an internal Green party election. Rachel Millward and Mothin Ali being elected as his deputies underline the change in the party. There are three points to take from […]| Novara Media
A proposed scheme could raise £32bn.| New Statesman
Last Thursday, the Bank of England pulled off a remarkable feat: it cut interest rates and still managed to spook the markets. The Monetary Policy Committee scraped through a 5–4 majority for a quarter-point cut to 4%, only succeeding on a second attempt. One member, Alan Taylor, had initially argued for twice as much. The […] The post Bond traders know that Britain’s in trouble appeared first on CapX.| CapX
The Bank of England is to “consider” stablecoins’ role in wholesale financial markets innovation through the UK’s Digital Securities Sandbox (DSS), the central bank’s executive director of financial market infrastructure Sasha Mills said in a speech this week.| www.globalgovernmentfintech.com
Three baseless taboos are derailing national renewal – but they need not| 99%
Why we need a more realistic and strategic approach to government spending In January 2024, Sir Keir Starmer called for a decade of national renewal. Few people would deny […]| 99%
Trump’s Budget has similarities with Truss’s – will his fate be the same? This article is by Mark E Thomas and Vincent Gomez of the 99% Organisation, a former investment banker […]| 99%
Our government faces stiff challenges and if it is to meet them and deliver the promised national renewal, it will need a rapid and significant shift in mindset Before the […]| 99%
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Why did the Bank of England intervene in the gilt market this week? The answer that has been doing the rounds is that it was protecting the solvency of pension funds. But this doesn't make sense to me. The Bank doesn't have any mandate to prevent pension funds going bust. And anyway, the type of pension fund that got into trouble isn't at meaningful risk of insolvency. There was never any risk to people's pensions. | www.coppolacomment.com
NATIONWIDE is making massive changes to millions of accounts today which will leave savers worse off. The nation’s biggest building society is slashing the interest rates on almost 90 savings accou…| The Sun
Virgin Money and Nationwide are increasing their mortgage rates, the latest lenders to increase some of their rates.| Mortgage Solutions
This week we’ve had some major announcements relating to UK inflation and interest rates, both of which could have an impact on the property investment outlook. Today, the Bank of England announced that it would be holding its base rate once more at 5.25%, where it has remained since August 2023. Just yesterday, the Office... Read more »| BuyAssociation Group
Labour won the general election, in no small measure due to their ‘small target’ strategy. But sticking to it in office could mean failure: for them and for the UK.| 99%
There are many arguments for taxing the extremely wealthy more. Perhaps the simplest is that while most normal people pay tax of up to 40% on their income (or more), […]| 99%
The Chancellor is due to announce his Spring Statement on March 6. Here is an open letter to the Editors of our major newspapers and broadcast media setting out a […]| 99%
