It struck me today why no politician can ever tell the truth to voters. Why they never answer the direct question interviewers ask them. It's shockingly naïve of me to not have worked it out sooner.
Surely if Brussels has any real part to play in this debate it must be in persuading its members that harmonising their tax systems to a much greater degree than at present is to their mutual long term benefit.
Let's forget about the economy for a moment. What if we ranked countries by people's wellbeing instead of Gross Domestic Product? The question seems o...
Meanwhile, in the UK the impending election and the uncertainty surrounding the likely outcome has put pressure on the pound, which fell by 4.4 per cent against the dollar during March and has fallen by 2.8 per cent against the euro since mid-March
This is the way our great community Easter Egg Hunt fizzled out today. Each person walked away with a twinge of bitterness. The sad truth is; this experience flies too close to what we are doing to each other, across the world, through our single minded hunt for "eggs" ...qualifications, jobs, assets, employees, status, ideas, votes, knowledge etc.
My bet is that the UK consumer is not accustomed to waiting to spend. There is a culture of going for instant gratification, and consumer expenditure has been one of the major drivers of the economy over the last thirty-five years, leading to a large service element to the economy.
Prior to the 1912 Massachusetts textile strike, socialist and feminist, Rose Schneiderman, made a plea: 'What the woman who labours wants is the right...
When politicians and economists talk about the government's budget deficit, they often say that the UK is 'living beyond its means'. That is debateable, and will doubtless be subject to fierce argument as the election approaches. What is indisputable, though, is that in the global economy the UK is really living beyond its means.
Human beings are quite good at microeconomics. That's the economics asking how individual people and businesses behave. It studies why coffee shops price their beverages in the way they do...
With Advertising Week Europe now in full swing, the following six trends highlight why the ad industry is actually in a good place.
The Transatlantic Trade and Investment Partnership between the United States and the European Union is the biggest proposed trade deal ever. If it gets the go ahead, TTIP will harmonise regulation between the world's two largest trade blocs and reduce barriers to trade across many economic sectors.
The Government yesterday announced its final pre-election budget and, as expected, there was quite a bit in there on tax avoidance. That's hardly surprising - we know that there is overwhelming public support for action on tax dodging. Unfortunately none of the big parties have yet gone far enough - and yesterday's budget announcements don't change that.
Most pre-election Budgets are characterised by gimmicks, giveaways and unfunded spending commitments, an art perfected by Gordon Brown. This Budget did nothing of the sort. Instead it set out the next steps of our long-term plan to make Britain the most prosperous of any major economy.
All in all, given the timing, the budget could have been far worse. But there remain vast untapped efficiency reserves in many areas of public spending, and this budget has done nothing to tap into them.
The Chancellor had a good tale to tell about falling unemployment, falling welfare bills, growth in output and living standards. He talked repeatedly about how the government of which he is a member is "fixing the roof as the sun begins to shine." The problem is, if we're not able to train people to do the job, he may find himself having to fix his own roof.
George Osborne delivered his last budget of the current parliament today and, like many Chancellors before him in the same situation, he produced a number of populist measures designed to improve his party's chances at the forthcoming general election. Nobody is surprised by this, but - in the longer-term context - this was the wrong budget for the UK economy at this time.