Negative interest rates offer only a sugar high. They won’t revive monetary policy
Related Content Both Wall Street and the City of London are speculating whether the next innovation in monetary policy will be the use of negative interest rates as a deliberate tool. The new Governor of the Bank of England, Andrew Bailey, has changed the Bank’s...
Time to rethink macroeconomic policy
Related Content A new Chancellor of the Exchequer and a new Governor of the Bank of England offer the opportunity of taking a fresh look at not just monetary policy, but macro-economic policy as a whole and the role of fiscal policy within it. A decade after the...
Putting consumer welfare at the heart of competition policy and market regulation
Related Content The UK competition authorities, having for years been behind the curve in taking competition and consumer welfare issues with the seriousness that they deserve, are now upping their game significantly. The CMA is demonstrating much greater vim and...
Effective competition policies – a key to prosperity
Related Content Historically, the UK has not had as effective competition policies as other countries – but that can change The announcement of an in depth investigation into competition in the UK market in funerals is welcome. It suggests that the UK is getting more...
