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Category: Economy

  • March 16, 2016

    What the Chancellor should do… And just might!

    Mark wrote the following article ahead of the Budget for City AM. You can read the article on their site by clicking here. It is also pasted below: THERE are two threads – one general, the other highly specific – which I should like to see weaved into the fabric of the chancellor’s Budget statement […]
  • March 6, 2016

    Sustainable recovery after a financial crisis is a long haul

    The UK economy was critically exposed when the global financial crisis of liquidity and solvency hit in 2007-08. Yet it is impossible to see how this fate might have been avoided given the importance and size of the City of London with its financial services expertise. Nevertheless it became clear as the crisis unfolded that […]
  • February 12, 2016

    Pensions ISA won’t drive people to save

    Mark featured in this morning’s City AM with the following article in support of their pensions campaign: A pensions revolution may truly be upon us. Hats off then to City A.M. whose reporting has led the way in publicising the Treasury’s activities in advance of potential changes to how Britain incentivises pension saving. The lurid comparison […]
  • December 10, 2015

    Venture Capital

    Mark wrote the following article for this week’s House Magazine on Tech City and its future: The transformation from the mid-noughties of an unloved district around Old Street into a swinging Silicon Roundabout was a timely reminder of what can happen when enterprise is left to its own devices. It was the low rents of […]
  • November 25, 2015

    Autumn Statement

    Mark wrote the following reaction to the Autumn Statement for political blog, ConservativeHome. It can be read online here.   At the General Election in May, Chancellor George Osborne needed to portray an economy both firmly on the road to recovery, but in a perilous enough condition to require another five years of his medicine. In securing […]
  • November 22, 2015

    Are we really so wise to rely upon foreign investors to sustain our deficit?

    October’s state visit by Chinese President Xi was, according to taste, either a triumph of traditional British mercantilism or a humiliating kow-towing to a ruthless emerging superpower. Ties of Empire and Commonwealth ensured that the trip hot on its heels by Indian Prime Minister Modi attracted less controversy, but both were surrounded by the fanfare […]
  • October 22, 2015

    Tax Credits

    For those constituents seeking Mark’s views on the tax credit proposals put forward by the government. Dear Resident, Thank you very much for your email about the government’s tax credit proposals. I appreciate your concern that changes to the existing tax credits system might leave some people out of pocket. I thought it might be […]
  • July 10, 2015

    Grexit may solve nothing, and cost Britain dearly

    The utterly desperate situation in Greece is fast-developing. As a consequence of these unprecedentedly momentous events I appreciate any of my observations here risk being superseded rapidly. However, in the aftermath of the unexpectedly clear rejection of the latest bailout deal it is evident that the original 2010 Greek rescue package was way too heavily […]
  • June 21, 2015

    Time to put that long-term economic plan into action

    Not for nothing is economics hailed as the dismal science. Since the financial crash almost seven years ago virtually every economic orthodoxy has been confounded by raw experience. The UK’s deepest post-war recession should have heralded unprecedented levels of unemployment. By contrast not only were the downturns of the early 1980s and early 1990s not […]
  • June 10, 2015

    Osborne should prioritise taxpayer value over rapid RBS privatisation

    Mark wrote the piece below for this morning’s City AM. It can be read online here. Almost seven years on from the £46 billion taxpayer bailout of RBS, it may seem perverse to ask, ‘Why the rush?’ when it comes to selling our remaining 79% stake in the still-ailing bank. But this is precisely the […]