Nicosia’s corralito: the kids leading Cyprus’s controlled anger
Chanting “Troika go home” to the White Stripes’ Seven Nation Army, Economics Editor Faisal Islam meets the kids leading the controlled anger in Cyprus at its bailout terms.
Faisal Islam
Faisal Islam has left Channel 4 News. This is an archive of his blogs.
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Pipelines, and deposit lines: a view from north Cyprus
In Turkish controlled northern Cyprus there is a sense of schadenfreude over the financial woes of its southern neighbour, but also that unifying the island is “back on the agenda”.
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Of zombie budgets and mortgage subsidies
The chancellor’s plans to boost the housing market are “well down the list of Britain’s economic to-do list, and arguably well up the not-to-do list”.
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Cyprus: Leaving Larnaca searching for Eurozone’s FDR
The economic crisis in Cyprus is leading to a number of flights. Economics Editor Faisal Islam sees a parallel with the economic landscape of America in the 1930s.
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Zombie Britain and a decade of rot?
When George Osborne delivers his budget on Wednesday, the numbers will continue to be drenched in red, writes Faisal Islam, with “zombie economics” holding back lending, spending, and investment.
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Cyprus: Too Small To Bail
Anger is growing among Cypriots as they queue at cashpoints to withdraw their savings due to the bailout.
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Cyprus: ten huge consequences of the bailout of a small country
As Cyprus prises itself from the jaws of bankruptcy, the island’s savers face a big bill to dig the island out of its financial mess, reports Faisal Islam.
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The Bank of England funding for landlords scheme?
As new figures show a rise in mortgage lending is more down to buy-to-letters than first-time buyers, where is the public debate about the effect of government intervention in the mortgage market?
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King: Split RBS to save the UK economy
In advocating that RBS should be split into good and bad banks, Sir Mervyn King is showing a “major display of independence in his last months in office”.
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Viva Espana or the best of British?
Ahead of tonight’s Champions League clash, we compare the merits of living in Spain and the UK. Our economy is in better shape, but Spain have the World Cup. And don’t mention the weather…
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Will a bonus cap drive bankers away from the EU?
The EU has proposed a cap on bankers’ bonuses. But there have been warnings that it will drive bankers away from the EU – and push up fixed salaries, as Economic Editor Faisal Islam reports.
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The UK’s economic strategy: double AA, triple dip, single-minded
Does losing our AAA credit rating really matter? Faisal Islam argues that the UK is in a different position to the US and France which have already suffered the same fate.
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Mark Carney, the chancellor’s flexible friend
With the words “flexible inflation target” peppering his Treasury select committee hearing, new Bank of England Governor Mark Carney clearly wants to do more to help Britain’s contracting economy.
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Osborne: Britain faces a very difficult situation
With the UK facing the prospect of a triple-dip recession after the economy shrank at the end of 2012, Chancellor George Osborne tells Channel 4 News he is confronting the UK’s problems head-on.
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Cameron’s EU uncertainty ‘not positive’ says UK business
“the outcome from the referendum decision and the speech this morning cannot in my view be positive for investment” top businessman Martin Sorrell tells Economics Editor Faisal Islam.
