Posts Tagged ‘Exchange rates’

The pound in your pocket is lowering your living standards

by Michael Burke.

The British pound has begun to fall once more on the international currency markets. It may be further helped on its way by the loss of the AAA credit rating. This will have important domestic economic consequences. The currency is also being talked down by a number of officials, effectively including both the current governor of […]

Labour must oppose the Greek “bail-out” and support the dismantling of the Euro

by Jon Lansman.

Opinion within Labour appears to be moving on the Greek “bail-out”. First, Ed Balls contemplates working with eurosceptic Tory MPs to oppose the use of British cash to fund the bail-out. Not quite principled opposition to the bail-out itself, and not surprising therefore that he was accused of opportunism. Then this week Jack Straw, always […]

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