The recent summit marks an important turning point in building a genuine economic union in Europe and averting market attacks on weaker members. Closer fiscal union should not be feared, provided the political and, critically, democratic frameworks are developed to underlay this significant advanc
The job seeker who set fire to himself in Birmingham appears to have been driven to this horrific act by an all-too-common glitch in the welfare system. A Citizens Advice Bureau worker explains how such desperation is only steps away for many seeking support from the British state.
If the purpose of the Euro is to reduce transaction costs within a common market, this can be maintained while internally devaluing within the nation state. Rather than through crude supply side measures, this can be achieved by the introduction of a National Unit of Account. Here's how.
A season of high spectacle in London offers only a temporary respite from the United Kingdom's economic and political troubles. But the two kinds of experience also overlap, says David Hayes.
The City's Financial Services Authority has given Barclays Bank a massive fine for lying about its cost of capital in the obscure process that sets a key price in the financial markets. It shows again that finance is too important to be left to the so-called market.
The security firm G4S has spread its tentacles far and wide in the UK. Now it is extending its reach into charity, after it signed a contract with a charitable housing association in Yorkshire. Where next?
"This is what I know about Occupy, what I have experienced." Alexandra Stein, moving between Minneapolis and London, inhabiting the reclaimed public spaces that Occupy opened up, reflects on the movement's influence and potential.
In the wake of the historic handshake between the Queen and Martin McGuinness, Deputy First Minister for Northern Ireland and a Sinn Féin politician with IRA links in his past, Tom Griffin explores various conspiracy theories which exist regarding the Troubles and the subsequent peace process.
A finance insider reads Soros' intervention at Trento and wonders whether this is just a trading superstar talking up his own portfolio?
The Obama administration’s recent decision to suspend deportations and grant renewable residence permits to young ‘illegal’ migrants brought up in the United States will benefit up to 800,000 young people. Meanwhile, the UK government offers no solution for its 120,000 irregular migrant children.
The basis of taxation - especially of the super-rich, but also of the increasing numbers who feel no great traditional or ethnic attachment to the nation - must be solidarity, whose only sustainable basis is a common view of the good we're building. The State needs to recognise its duty in supplyi
Women are facing a double-bind, bearing the brunt of banks' practices both in the build up to, and in the wake of, the economic crisis. In a feminised recession, with women bearing the brunt of job losses and austerity measures, do we now need to add another grim example – women being undermined b