The Bank of England’s failure to respond effectively to the worst inflation in four decades underscores the need to abandon the outdated notion that fiscal and monetary policy can be kept separate. If governments are to be held responsible for investment and employment, they should also control interest rates.
Austerity
France 24: French government unveils new pension plan but crippling strikes set to continue
The legal retirement age in France will remain 62 with the new French retirement plan, but workers will need to work until 64 to get a full pension, French Prime Minister Édouard Philippe announced on […]
EU politics
El Nacional CAT – Puigdemont and Comín enter the European Parliament
Puidgedemont has been kissing arses in Brussels for a year and now this farce. Is this the man to lead an independent Catalonia? And why are Catalonians still set on remaining in the EU? Read […]
Corruption
This is Money: Fury at United Utilities as it pays £180m dividend while planning to impose a hosepipe ban on customers
This is the sort of predatory capitalism being promoted by the EU neo-liberalism. Utilities should be privatised as the private sector is “more efficient”. This is just half the story. In the end the state […]
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