Today’s budget does not include any major changes to the banking system in the UK. Although the Bank Levy has been increased by 0.003% (from …
In the News
"Time to Halt this 'Insane' System" – Sheffield Telegraph
Sheffield Telegraph recently published the following letter from Peter Verity (see the full scan of the letter here): "Many explanations …
'Inside Job' – Film Review
I watched Charles Ferguson’s excellent documentary “Inside Job” for the second time yesterday. It’s a masterful polemic exploring the series …
The Money Goes Around and Around
Guest Post by Ken MacIntyre Explaining the financial system "I blow thru here The music goes down and around Whoa-ho-ho ho-ho ho And it …
NEF: Taxpayers Subsidising Banks by £30bn a Year
This briefing from the New Economic Foundation finds that banks are being conservatively subsidised by up to £30bn a year. They point out a …
Dear Mr Osborne: This is a dose of the wrong remedy (and it’s too little and too late anyway)
"The government says is to increase its levy on banks to £2.5bn this year which will raise an extra £800m for the treasury. With talk of …
Scandal in the City
A scandal is taking place in the City, and I don't mean the scandal that takes place every day by allowing the sector to create our entire …
The "Question That Dare Not Speak its Name"
In an article in the Sunday Telegraph today, 30 January, 2011, Janet Daly argues passionately against public spending, as the root of the …
From the US: Representative Dennis Kucinich Introduces Monetary Reform Bill
The following is an article by Stephen Zarlenga (of the American Monetary Institute) and Greg Coleridge, providing an update on a …