Prior to the recent G20 meeting leading international economic bodies such as the IMF and the OECD made tentative calls for increased investment, although this was often confused with increased spending. This is a belated or partial recognition of the real source of the crisis in the advanced industrialised countries. In terms of actual changes […]
Posts Tagged ‘National Investment Bank’
Labour’s economic alternative should centre on a national investment bank
Feb 16th, 2016 by Michael Burke and John Ross.Labour is now carrying out extremely effective campaigning against Tory policies – on tax credits, on the sweetheart Google taxation deal, in support of the junior doctors and pinning the responsibility for the crisis in the NHS squarely on the Tories. This excellent work needs to continue and be strengthened. But in the forthcoming budget […]
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Demand doesn’t create its own supply – a national investment bank is needed
Jan 15th, 2016 by Michael Burke.The second [pillar of my leadership] is a new economy that puts public investment front and centre stage: in science, technology and the green industries of the future. Instead of Osborne’s economic house built on sand, our focus will be on the reindustrialisation of Britain for the digital age, driven by a national investment bank […]
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More than platitudes needed to restore our manufacturing base
Oct 3rd, 2015 by Grahame Morris.We live in a deeply divided country. The gaps between wealth and poverty have never been so pronounced. We live in a country where financial speculators who gamble with our economy are rewarded with excessive incomes many of us could not make in a life-time. Our economy, politics and public investment are all tailored towards maintaining […]
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Ed Miliband is right, Britain lacks local banks – RBS could fill that void
Mar 26th, 2013 by Tony Greenham.Why not convert a large, publicly owned bank into a network of local banks like those that operate successfully in Germany? Ed Miliband’s speech to the British Chambers of Commerce marked an important step towards filling a vital gap in our banking system – the place where you live. The UK banking system, dominated by […]
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Lloyds-TSB and RBS could be the basis of a National Investment Bank
Sep 7th, 2011 by Jon Trickett.The economy is stagnating and is clearly in deep trouble. The latest figures show the UK economy has grown by just 0.2% in the nine months since George Osborne announced his Comprehensive Spending Review that set out a huge package of cuts. There is turbulence on the stock markets in part, at least, because of […]
