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My views on economic policy and the financial sector. I've campaigned with Christians on the Left on bank reform to separate risky banking from the banks which handle retail deposits. |
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| The government is paralysed, and without a clear sense of direction the markets will remain shaky. Progress, 16 November 2018 |
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| My response for the Fabian Society on the Budget, and those forecast downgrades from the OBR. Fabian Society, 24 November 2017 |
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| A stronger opposition would be well-placed to pressure the government on its faltering economic record. |
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| Those hardest hit by globalisation have been betrayed not by free trade, but by governments unwilling to protect them from exploitation. Progress, 7 February 2017 |
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| Recent data showing strong performance from the UK economy do not change the long term risks of Brexit. Progress, 1 November 2016 |
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| The vote to leave caused an economic shock but the economy and markets have not reacted exactly as predicted. Fabian Society, 31 July 2016 |
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| An emergency budget statement will be necessary if the UK votes to leave the European Union. |
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| Neither a return to pre-crash business as usual nor a politics of anti-austerity will restore Labour’s economic credibility. I outline a new economic framework to meet the challenges of our time.
Fabian Society, January 2016 |
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| Making the case for a tax on trading and how it can be a One Nation policy. Left Foot Forward, 6 August 2013 |
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| It should be Labour policy |
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| The LIBOR scandal, banks, and Labour Party policy |
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| The Independent Commission on Banking has published its final report. It's tough but doesn't go far enough. Progress, 12 September 2011 |
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| We need power to be dispersed throughout society - and it's not too late for bank reform to lead the way. |
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| The Independent Banking Commission has published its interim report, but it does not go far enough. |
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| Speech on bank reform to Labour conference fringe event. Labour Conference fringe, 29 September 2010 |
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Time
Period |
Economic
Measure |
Annual
Change |
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CPI |
June 19 |
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+1.9% |
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RPI |
June 19 |
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+2.9% |
Unemployment
% adult workforce |
May 19 |
3.8% |
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UK GDP
% change |
Q1 19 |
+0.5% |
+1.8% |
Public Debt
% of GDP |
June 19 |
83.1% |
Info |
Public Borrowing
year to date |
June 19 |
£17.9bn |
Info |
Info from the Office for National Statistics. |
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