Find out more about the University of Bedfordshire Business School and the Division of Accounting and Finance Video Rating: 5 / 5
Cameron should admit the truth about the UK economy
Those hoping for something genuinely new from David Cameron’s speech on the state of the UK economy will have been sadly disappointed. Naturally, he was keen to put his best foot forward. We’ve already cut the deficit by more than a quarter, he crowed, and the number of people in work grew by 100,000 in [...]
The self-appointed ‘tax expert’ Richard Murphy doesn’t understand: economics is about facts, not ideology
You’ll have heard of Richard Murphy, the country’s leading tax expert, tax campaigner and progressive economist. It’s hard not to have heard of him given the prominence the BBC gives to his views. I can reveal that in fact he’s making it all up. Here’s a post from his blog: I quote it in full [...]
High house prices trap rising numbers in ‘generation rent’ – and they are not happy about it.
High house prices are trapping more young and middle-aged people in ‘generation rent’. Restricted mortgage availability is also excluding rising numbers from home ownership, despite widespread dissatisfaction with rented accommodation and precious little hope that house prices will fall. Those are the main conclusions of a new survey by Countrywide, which found nearly half – [...]
It’s almost time to start talking about green shoots
So much for the dreaded double dip. “I think we can finally put to bed fears that the UK economy fell into recession in the first quarter,” Jeremy Cook of World First said after the final instalment of the purchasing managers indices (PMI) this morning from Markit and the Chartered Institute of Purchasing and Supply. [...]
Things You Should Know About Finance | Bad Credit Loans
trustedyoutobe.com — Things You Should Know About Finance Finances is financial resources, their creation and movement, distribution and redistribution, Finances is economical relations, conditioned by intercalculations between the economical subjects, Finances is movement of cash sources, money circulation and usage”. Credit represents a form of movement of the loan capital and expressaaaes economical relations between [...]
If Kondratieff was right about super-cycles, we’ve still got years of slump to go
One of my earliest introductions to the world of economics came from someone who was a true believer in the Kondratieff Wave – the idea that there is a much longer cycle, lasting approximately fifty years, which overlays the ordinary, and shorter business cycle. You’ll be pleased to know that if the present crisis marks [...]
Budget 2012: tax cuts for the rich – but what about the 62.5pc tax on the ‘squeezed middle’?
Tax cuts expected in the Budget to reduce the top rate of income tax from 50pc to 45pc will be welcomed by 350,000 fortunate enough to earn more than £150,000 – but what about many more people who earn much less than that but suffer substantially higher marginal rates of tax and National Insurance Contributions [...]
Why we should be nervous about QE and inflation
I was an early advocate of quantitative easing, raising the possibility in September 2008 and advocating its commencement from November 2008. But, speaking as a fan of the idea, I have never been under any illusions regarding its difficulties, dangers, and limitations. The purpose of doing quantitative easing was to prevent a crash in the [...]