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.
The last Budget of the Coalition assessed. The new independent economic and fiscal projections have implications for Labour too.
Progress, 19 March 2015
 Economic Policy 
It was always likely that the Conservatives would promise a tax cut at this election...and now there is more headroom in the public finances if they still plan big spending cuts.
Progress, 2 March 2015
A look at Labour's plan for prosperity - a good foundation. Further investment must be our theme.
Progress, 18 February 2015
The future charted by the OBR in its forecasts contains no great transformation of the economy, but higher household debt and low pay. Do we have the vision to chart a different course?
Progress, 12 December 2014
Ed Miliband's speech on deficit cutting; the virtual world of deficit debates; supporting aspiration.
Progress, 11 December 2014
The Conservative political strategy is becoming clearer.
Progress, 1 December 2014
The Conservatives are repeating the refrain 'long term economic plan', but there is no such plan to speak of, only a short term plan gone wrong.
Progress, 19 November 2014
If tax revenues are not coming in as expected, there are implications for the next government.
Progress, 24 October 2014
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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 Jan 15   +0.3%
RPI Jan 15   +1.1%
Unemployment
% adult workforce
Dec 14 5.8%  
UK GDP
% change
Q4 14 +0.5% +2.6%
Public Debt
% of GDP
Dec 14 80.9% Info
Public Borrowing
year to date
Dec 14 £86.3bn 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 
A Budget departed from reality
Prepare for a Tory tax cut
Campaigning in Marginals
Promoting prosperity
Tories' tax cut black hole
 Labour News 
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