That letter: Mark Carney writes to the chancellor
Exclusive: as inflation drops to 0.5 per cent, we reveal the contents of Bank of England Governor Mark Carney’s explanatory letter to the chancellor (as imagined by Paul Mason).
Paul Mason has left Channel 4 News.
Exclusive: as inflation drops to 0.5 per cent, we reveal the contents of Bank of England Governor Mark Carney’s explanatory letter to the chancellor (as imagined by Paul Mason).
The terror attacks in France have had repercussions across Europe, with rallies held in several cities. But not all gatherings have demonstrated the unity of purpose seen in Paris, reports Paul Mason.
Some of the Syriza members I spoke to are, privately, still not sure they even want to govern. But one thing is certain: when you look him in the eye, Alexis Tsipras most definitely does.
The populist left has begun from a recognition that – in the highly marketised, globalised and granular economy of the past 25 years – social justice begins small and from below.
Ed Miliband has lurched from one mishap to another over the last year. He must win in 2015 to save Labour from disintegration.
The decision by Greek MPs to reject presidential candidate Stavros Dimas could be a crucial moment for the country, for the Eurozone and in global economics.
Whether the next Greek government is a revamped coalition or one led by the radical left opposition party, it will face the same devastating debt baggage.
The Greek government is gambling that voters will reel back from putting the untested and inexperienced Syriza in power.
Have the Saudis and the United States conspired to collapse the price of oil – and in the process the Russian rouble?
Police release video of an “airborne battalion of anarchists”, using Parkour to evade capture in a recent riot. Welcome to Greece as its parliament prepares to elect a president.
Falling world oil prices bring some good news at the petrol pumps. But those revenues are also squeezing economies which are already under pressure.
The Greek crisis, grinding away at the periphery of Europe, has thrust itself back into the limelight.
The indicators show China, Japan – and even the McDonald’s burger chain – are facing economic slowdown. How will the eurozone respond?
The scale of the cuts is the prime reason why no politician – Labour included – wants to spell them out.
Had Osborne’s 2010 predictions actually happened, the deficit would be small, the debt falling, and the much vaunted rebalancing of the economy would have taken place.