Posts Tagged “economy”

On Budget day: What Lib Dem members think of the Coalition’s economic policy and ring-fencing of spending

by Stephen Tall on March 20, 2013

Lib Dem Voice polled our members-only forum recently to discover what Lib Dem members think of various political issues, the Coalition, and the performance of key party figures. Some 650 party members have responded, and we’re publishing the full results. Just 26% of Lib Dem members support Osborne’s ‘Plan A’ Thinking of the current state of […]

UK loses its triple-A rating – George should’ve listened to Danny

by Stephen Tall on February 22, 2013

The BBC reports tonight’s predictable news: UK’s AAA credit rating cut to Aa1 by Moody’s The UK has had its AAA credit rating cut by Moody’s, based on its expectation that growth will “remain sluggish over the next few years”. The ratings agency became the first to lower the UK from its highest rating, to […]

“We’re not in recession”. Last July’s headline comes true (belatedly).

by Stephen Tall on October 25, 2012

Four months ago, just after the last set of quarterly figures published by the ONS showed a sharp contraction in the UK economy, I highlighted economist Hamish McRae’s very public assertion that the UK was in actual fact no longer in recession. Pointing to the second-highest rate of job creation ever in the private sector, […]

The politics of sluggish growth: good for the Tories, bad for Labour, and as for the Lib Dems we’ll see

by Stephen Tall on October 9, 2012

Today saw the publication by the IMF of its latest growth forecasts. UK growth prospects are downgraded once again. Growth in 2012 is now forecast to be -0.4% (the most recent quarter’s strong showing is anomalous) and an anaemic 1.1% in 2013. As The Spectator’s Jonathan Jones observes, the only thing new here is that […]

How much should we tax? How much should we spend? The great unanswered questions in British politics

by Stephen Tall on September 10, 2012

A few weeks ago I took David Laws to task for proposing the UK needs to reduce public spending to 35% of GDP: it currently stands at 43%. I stand by the three points I made then: 1) Just because public spending is higher in the C.21st than in Gladstone’s day is not in itself […]

As economy shrinks again, Oakeshott calls for Osborne to be moved to make way for “our A team at the treasury”

by Stephen Tall on July 25, 2012

Here’s how The Guardian reports the call by Lord (Matthew) Oakeshott for George Osborne to be moved from Number 11 in the wake of today’s fresh dire news on the economy: A senior Liberal Democrat peer has called on George Osborne to be sacked as the chancellor continued to insist the government was on the […]

What the IMF says about the UK and global economy

by Stephen Tall on July 17, 2012

The economic headlines have been dominated by the IMF’s latest forecast, with seemingly grim news: UK economic growth forecasts slashed by worried IMF. The Guardian contrasts the IMF’s downgraded prospects for UK growth with the more stable picture for other countries: The IMF said in its latest World Economic Outlook that GDP across the UK […]

Why the Lib Dems cannot end the Coalition. And what we should do to try and rescue it.

by Stephen Tall on July 15, 2012

How do we revitalise the Coalition? I realise that for many Lib Dems that’s the very last question on your minds. After a week in which Tory rebel MPs forced the Government to delay a key plank of the Coalition Agreement — House of Lords reform — rather more Lib Dems, and not just the […]

CentreForum’s ‘Liberal Hero of the Week’ #5 – Andrea Leadsom

by Stephen Tall on July 13, 2012

Welcome to the fifth in our series here on CentreForum’s blog — Liberal Hero of the Week — as chosen by Stephen Tall, Co-Editor of Liberal Democrat Voice, and Research Associate at CentreForum.  The aim is simple enough: to showcase public figures who help promote the four liberal tenets identified in The Orange Book: economic, personal, […]

Barclays and the Bank of England: BAD rate-rigging and GOOD rate-rigging

by Stephen Tall on July 4, 2012

The Barclays rate-rigging scandal has conflated a number of issues — Bob Diamond’s bonus, ‘casino’ banking, failed regulators — making it hard to get behind the media’s shouty headlines to understand the issues which should really concern us. Here’s my brief show-your-working attempt, starting with what Barclays. What Barclays did right: ‘fess up LIBOR (London […]