Economy
My views on economic policy and the banking crisis. I'm campaigning with the Christian Socialist Movement on bank reform to separate risky banking from the banks which handle retail deposits.
My latest economic policy bulletin.
September 2014
 Economic Policy 
Reviewing a speech by Ed Balls.
Progress, 31 July 2014
Getting it right on spending is essential for Labour.
Progress, 30 May 2014
Growth, cost of living, tax, and spending.
Progress, 24 April 2014
This wasn't a Budget about investing in our future.
Progress, 21 March 2014
We need to do much more to communicate the overall message.
LabourList 30 January 2014
The UK economy is growing. Living standards are improving for some. What should Labour do?
Progress, 16 January 2016
My take on the Chancellor's Autumn Statement and what Labour should do.
Progress, 6 December 2013
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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 July 14   +1.6%
RPI July 14   +2.5%
Unemployment
% adult workforce
June 14 6.4%  
UK GDP
% change
Q2 14 +0.8% +3.1%
Public Debt
% of GDP
July 14 76.5% Info
Public Borrowing
£billions
July 14 £0.2bn Info
  Info from the Office for National Statistics.
 Economic Blogging 
GDP - a long way to catch up
UK productivity revised
Are living standards improving?
Debating austerity in the Financial Times
Economic optimism rising...
 Latest 
We need to take a stand
The Shifts and the Shocks
GDP - a long way to catch up
Protecting the helpless in Iraq and Syria
Beer on the Economy
 Labour News 
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