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Update: Report Released 4th January 2011 GLA and TFL have released the report prepared by the Mayor’s Steering Group and the report prepared as background by the Consultants’ Group. The text of the...

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Update: Report Released 4th January 2011 GLA and TFL have released the report prepared by the Mayor’s Steering Group and the report prepared as background by the Consultants’ Group. The text of the...

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There’s a smart case for diversity – but it’s not the one you think.

Andy Haldane, chief economist at the Bank of England, hit the headlines last week with his confession that even he could not understand much of the material which pension providers give to customers....

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The coming explosion in natural debt is a serious risk to the economy

Martin Feldstein of Harvard is an economist who should always be taken seriously. Writing in 1997 about the forthcoming introduction of the euro, for example, he argued that “the adverse economic...

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The poor state of macro justifies scepticism with Brexit disaster forecasts

David Cameron has tried to frame the Brexit debate into one based on economics.  Standing with him is the overwhelming consensus of economists themselves, from academics to the International Monetary...

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Old Europe’s poor innovation record is a harbinger of long-term stagnation

The economic debate around Brexit has been disappointing.  Far too many of the points focus on the short-term.  Would Brexit precipitate a sterling crisis?  Well, if it did, at some point the currency...

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The EU referendum has shown just how irrational voters are

Some things never seem to change.  In the mid-16th century, in the course of her short reign Queen Mary, a daughter of Henry VIII, tried to restore Catholicism.  To this end, she arranged to marry King...

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The only way could be down for shares – and Brexit is just the catalyst

The Brexit vote creates many uncertainties, exciting or frightening depending on your predilection. One thing which is certain is that the Leave victory was delivered by the less-skilled sections of...

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How Stalin’s right-hand man could help the UK in EU exit negotiations

The topic of behavioural economics is very fashionable. But many economists remain rather sniffy about it, arguing that it often does not really add to what the discipline already knows. But one of its...

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Why austerity must be the order of the day for May’s chancellor

On the face of it, the Brexiteers have a bit of explaining to do. A week before the vote, Boris Johnson dismissed fears about the value of sterling, and accused the governor of the Bank of England of...

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Sorry, Prime Minister: Legislation won’t end excess in the boardroom

A key platform of our new Prime Minister is to curb what she perceives to be boardroom excesses.  “It is not anti-business to suggest that big business needs to change”, she said. One of her proposals...

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Why Britain and the US are streets ahead of Europe in innovation

The proposed takeover of the hugely successful ARM Holdings by the Japanese giant SoftBank is in the news. Cambridge-based ARM is well placed to exploit the white hot concept of the internet of things,...

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Why the economic picture tends to be rosier than initial estimates suggest

One of the surprises of last week was the Office for National Statistics (ONS) estimate of economic growth in the second quarter of 2016, the period from April to the end of June. In the run up to...

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What England’s greatest ever batsman tells us about how to use statistics

Cricket fans will be delighted that Joe Root is establishing himself this summer as a truly great batsman. His Test match batting average of 55.49 is bettered by only 16 players from across the world...

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Blame Jeremy Corbyn for the increasing number of public sector strikes

The total number of working days lost through labour disputes last year was, at just 170,000, the second lowest annual total since records began in 1891. What a difference a year can make. Southern...

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The blob is wrong: competition and independence raise school standards

The A-Level results released last week confirm the dominance of schools in London and the South East. Provisional league tables have only appeared so far for state schools, but these two regions have...

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Can I Easily Improve my Credit Score?

Our credit score is really important as it is a way that lenders and anyone else that we are entering finance deals with, will work out if they want to take us on and if so, how much interest to...

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Is a Fixed Rate Loan the Best Way to Protect Against Interest Rate Rises?

Interest rates can be unpredictable and if you have a loan then you may worry that increases in interest rates could make it difficult or even impossible for you to make the repayments. If you take...

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