We need a new capitalist revolution: A young writer presents his provocative manifesto for free markets September 19, 2011 MORE people have climbed out of poverty in the past 50 years than did so in the 500 years before that. Life expectancies across the world have doubled in the last one hundred years. The global poverty rate has fallen from 25 per cent in 2005 to 12 per cent today. By 2015, it will [...]
Britain is not a safe haven in Osborne’s hands September 19, 2011 The shadow chancellor calls for a change in the UK’s course THE global economy has entered a dangerous new phase. It’s now more vital than ever that countries have credible economic plans to ensure economic growth and get deficits down. I believe there are three tests for a credible economic plan. First, there has to [...]
Four simple policies to support the City September 19, 2011 IT’S the start of party conference season, and new policy ideas have already begun to pour out. As politicians from every side offer their proposals, here are four simple things the government should do to support the City. Europe is a major issue facing us as we move forward. With 90 per cent of regulation [...]
RAPID RESPONSES September 19, 2011 ETFs not so rogue Yesterday, UBS said its alleged rogue trader was using futures to trade equity indices. One top fund manager says: So this had nothing to do with exchange-traded funds (ETF), save that UBS claims he falsified trades in them. The witch hunt of ETFs led by Terry Smith, without first ascertaining the [...]