Beyond the headlines
It’s not Greece’s fault Bank of England policymaker Adam Posen said last week that the eurozone crisis requires governments’ active role to recapitalise and clean up the region’s banking system, saying...
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Beyond the headlines
Europe is pushing for a union of banks A European union of banks The European Commission proposed far-reaching powers for regulators to deal with failing banks last week, a step towards the banking...
View ArticleDeep division in Greece
Pro-bailout party New Democracy may have come first in Sunday’s Greek election but the radical left anti-austerity SYRIZA bloc was celebrating as if it was the real winner. The election exposed a...
View ArticleBeyond the headlines: Europe’s unfolding Greek tragedy
Beyond the headlines Europe’s Greek tragedy unfolds After a summer lull, the eurozone faces an autumn during which the debt crisis, now in its third year, will either spin out of control or finally be...
View ArticleTalking Point – Quantitative easing - Business
Hopes the Bank of England will pump more money into the economy were raised after minutes of the Monetary Policy Committee’s (MPC) most recent meeting were published last week and revealed that some...
View ArticleTalking point – The global economy - Business
Despite Bank of England Governor Sir Mervyn King’s belief, expressed in an interview with Channel 4 last month, that economic growth was on its way, the latest figures suggest otherwise. King did say...
View ArticleTalking point: Spanish banks
Spain’s four nationalised banks will more than halve their balance sheets in five years, cut jobs and impose losses on bondholders in order to receive a eurozone rescue package. The measures are a...
View ArticleTalking point: Bank lending
Bank lending The Bank of England’s flagship plan to boost lending failed to stop a decline in bank loans late last year, adding to pressure on the central bank to provide alternative economic stimulus,...
View ArticleTalking Point: Cyprus
Paul Kurgman’s blog at The New York Times was a good read last week as he followed the unfolding crisis in Cyprus. “OK, I didn’t see that one coming,” he began. “With all the problems in Greece, Italy,...
View ArticleTalking point: Financial stability
“The great UK bank capital fudge,” declared the Wall Street Journal (WSJ). Earlier this month, the country’s major banks were told they must raise a total of £25bn in extra capital by the end of 2013...
View ArticleRed tape
David Cameron is taking his war on red tape to the EU after a report by business leaders found it was costing UK firms billions of pounds. The Prime Minister’s business taskforce said relaxing the...
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Trouble with sea eagles - Despite their preference for isolation, sea eagles...
For an animal so keen to maintain its privacy, sea eagles certainly seem to have been doing their best to court controversy in recent weeks. First, Jackson Carlaw used a portfolio question in the...
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Wave and tidal energy – why the wait?
EMEC, the European Marine Energy Centre in Orkney has been in place for over a decade, and in that time has become the world’s leading centre for testing wave and tidal machines in some of the most...
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