Tag archive for ‘Alistair Darling’
We need a Patient Explanation of Sensible Keynesianism
The political debate in the UK is now all about the size of the state. A recession kicked off by the greed and risk taking of the bankers and financiers has been allowed to flip into a war between the parties about how much public services can and should be cut as we look down [...]
UK’s Labour Government to Push for a Windfall Tax on Banks
The BBC’s Business Editor Robert Peston has announced on his blog that the UK Treasury plans a windfall tax on banks, most likely to be announced next Wednesday in the Pre-Budget Report. Even though the details are not decided yet the reasoning for the one-off tax, that is likely to target bonus payments, is clear: [...]
