Funding the Future

Why won't Rachel Reeves save £20 billion a year?

Rachel Reeves could cut the interest paid by the government to the UK’scommercial banks by up to £20bn a year. So why won’t she, when shesays she is so short of money that those with disabilities must suffer?

The madness of King Trump

We have never witnessed an attempt to build a global empire by trade and economic war alone, ever before. Trump is trying it. How should the world respond?

Is AI Rachel Reeves’ wildest dream?

AI is a tool we can’t ignore. But it is also going to be deeply disruptiveand help burn the planet, and so it should be taxed, heavily. Why isRachel Reeves saying nothing about that?

There is no money in tax havens

Once upon a time, tax havens hid billions from the view of the world’stax authorities. Then they caused massive disruption. But now, theiropacity has been shattered as far as tax authorities are concerned. Theyare no longer a pot of gold for a government to find.

Donald and Elon – when’s the fallout?

Trump fell out with almost all his senior staff in his first administration. Hewill this time, as well. So, what happens when he and Musk fall out?

Government debt need never be repaid

Time and again, we hear people saying that government debt must berepaid. They are fundamentally wrong. Repaying that debt would createeconomic nightmares.

Why are governments so frightened?

Neoliberalism has failed, but the Labour government is wedded to it. Nowonder they’re so frightened. They realise that we might rumble thatthey, too, are a bunch of failures.

Radio 5 4/4/25

We must get rid of neoliberalism

I want to see the end of neoliberalism and everything it stands forbecause until we do, we won't live in a world where people matter.

Donald, take note: tariffs only liberate the rich

Tariffs will not liberate the USA. Most people will be a lot worse off. Their taxes will have risen. So too will inflation. Yesterday was madness day.