Economy
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.
My assessment of the finance pledges at COP26 and what really matters.
The Article, 5 November 2021
 Economic Policy 
Investors must not forget about profits, even as they focus on wider criteria.
Financial Times, 17 August 2021
Unless CEOs and their boards are clear about their own values, and those of the companies they run, they will fall down a rabbit hole of confusion.
Financial Times, 9 June 2021
The IMF's Fiscal Monitor is actually quite radical.
The Article, 16 April 2021
Spare a thought for finance ministers, and the opposition counterparts who aspire to replace them. The conventional wisdom was that they should at least make an attempt to follow fiscal rules. Now, there are no rules.
The Article, 4 March 2021
My letter in the Financial Times on the need for a framework for economic policy decision-making.
Financial Times, 23 February 2021
My contribution to Aftershock, Policy Network's series on the pandemic. Progressives have much to learn from ethical or 'ESG' investors.
Policy Network, 1 October 2020
Responding to Brian Griffiths' article in The Article on the risks of inflation.
The Article, 14 August 2020
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 Credibility Deficit 
Spare a thought for finance ministers, and the opposition counterparts who aspire to replace them. The conventional wisdom was that they should at least make an attempt to follow fiscal rules. Now, there are no rules.
The Article, 4 March 2021
My contribution to Aftershock, Policy Network's series on the pandemic. Progressives have much to learn from ethical or 'ESG' investors.
Policy Network, 1 October 2020
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
My initial reaction to the government's Autumn Statement on government finances and spending.
Progress, 25 November 2015
The first Conservative budget since 1996 illustrated one lesson for Labour: how important it is to establish and maintain economic credibility.
Progress, 10 July 2015
The lessons of The Credibility Deficit, published in 2011, still apply. Here's how.
Fabian Society, 5 June 2015
As the contenders for the Labour leadership begin to set out their stalls, what are the economic questions they should be answering?
Policy Network, 22 May 2015
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 Economic Indicators 
  Time
Period
Economic
Measure
Annual
Change
CPIH Sept 21 0.3% +2.9%
RPI Sept 21   +1.4%
Unemployment
% adult workforce
Aug 21 4.5%  
UK GDP
% change year
Q2 21 +5.5%  
Public Debt
% of GDP
Aug 21 97.6% Info
Public Borrowing
year to date
Aug 21 £91.3bn Info
  Info from the Office for National Statistics.
 Economic Blogging 
Fiscal targets explained...
Labour deficit cutting - the £50bn question
The decline in real incomes continues
GDP - a long way to catch up
UK productivity revised
 Latest 
The 100 trillion dollar question 
ESG must learn from the tech bubble - returns matter 
What should the Bank of England do about inflation? 
Companies must be discerning when picking causes to support 
The next generation of ESG opportunities - FT Adviser