Economy
My views on economic policy and the financial sector. I've campaigned with Christians on the Left on bank reform to separate risky banking from the banks which handle retail deposits.
An emergency budget statement will be necessary if the UK votes to leave the European Union.
Progress, 16 June 2016
 Economic Policy 
Neither a return to pre-crash business as usual nor a politics of anti-austerity will restore Labour’s economic credibility. I outline a new economic framework to meet the challenges of our time.
Fabian Society, January 2016
My initial reaction to the government's Autumn Statement on government finances and spending.
Progress, 25 November 2015
There's no point arguing Jeremy should stop being Jeremy. We need finally to do the hard work on economic policy.
Progress, 27 September 2015
When thinking about fiscal policy, you need to think about what's happening to monetary policy too. Oh, and you need to be credible of course.
Progress, 6 August 2015
The first Conservative budget since 1996 illustrated one lesson for Labour: how important it is to establish and maintain economic credibility.
Progress, 10 July 2015
The lessons of The Credibility Deficit, published in 2011, still apply. Here's how.
Fabian Society, 5 June 2015
As the contenders for the Labour leadership begin to set out their stalls, what are the economic questions they should be answering?
Policy Network, 22 May 2015
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 Banking Reform 
Making the case for a tax on trading and how it can be a One Nation policy.
Left Foot Forward, 6 August 2013
It should be Labour policy
Progress, 16 July 2012
The LIBOR scandal, banks, and Labour Party policy
Progress, 5 July 2012
The Independent Commission on Banking has published its final report. It's tough but doesn't go far enough.
Progress, 12 September 2011
We need power to be dispersed throughout society - and it's not too late for bank reform to lead the way.
Progress, 22 July 2011
The Independent Banking Commission has published its interim report, but it does not go far enough.
Progress, 11 April 2011
Speech on bank reform to Labour conference fringe event.
Labour Conference fringe, 29 September 2010
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 Economic Indicators 
  Time
Period
Economic
Measure
Annual
Change
CPI Feb 16   +0.3%
RPI Feb 16   +1.3%
Unemployment
% adult workforce
Jan 16 5.1%  
UK GDP
% change
Q4 15 +0.6% +2.3%
Public Debt
% of GDP
Feb 16 83.1% Info
Public Borrowing
year to date
Feb 16 £70.7bn Info
  Info from the Office for National Statistics.
 Economic Blogging 
Fiscal targets explained...
Labour deficit cutting - the £50bn question
The decline in real incomes continues
GDP - a long way to catch up
UK productivity revised
 Latest 
Working for the common good post referendum
Tory Leavers have repudiated their own economic policy
Credibility Now
Something will turn up: Britain's economy, past, present, and future
Should the UK take action against ISIL in Syria?
 Labour News 
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