From the TUC

Economics (page 172)

Science, civilisation and humanity

02 Oct 2008, by in Economics

Yesterday saw the publication of Professor Bill Wakeham’s report into the health of UK physics. The Wakeham Review had a strange remit. It seemed to be a response to controversy about the short-term funding settlement for physics, yet it was asked to take a long-term look, deliberately not addressing immediate concerns.

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Wanted: new industry policy to support UK manufacturing

01 Oct 2008, by in Economics

Today’s report from the Chartered Institute of Purchasing and Supply, showing that British manufacturing is shrinking at its fastest rate since records began, is more evidence, if more were needed, of the challenges facing the British economy. Levels of output, new orders and employment in the manufacturing sector recorded unprecedented declines last month, according to the…

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Last of the ex-building societies

28 Sep 2008, by in Economics

The Government’s decisive intervention to nationalise Bradford and Bingley is welcome. It contrasts with their dithering about Northern Rock. Then they seemed more worried about breaching the new Labour commandments against nationalisation than doing what everyone else could see was both inevitable and about as far removed from 1945-style nationalisation as possible.

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Interest rates: is the Bank of England’s remit working?

26 Sep 2008, by in Economics

Luke Johnson, serial entrepreneur and Chair of Channel Four, is obviously a man not afraid to stand out from the crowd.  His website boldly describes him as an “unrepentant capitalist” – a position that clearly distinguishes him from all the repentant capitalists around at the moment.  He is also one of the first people to publicly…

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Time for a wider debate on shorting

23 Sep 2008, by in Economics

The ban on short-selling in financial stocks brought in at the end of last week by the FSA and the SEC was greeted with some scepticism as well as relief, but it has been credited with helping to boost the stock market after its recent plunges.  The actions of the regulators have been mirrored by…

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