In its Annual Survery of Hours and Earnings, the Office of National Statistics recently published some very encouraging economic data regarding the Buckinghamshire area: Median full-time earnings for those working in Buckinghamshire rose by 2.0 per cent in 2012 to stand at £28,581, a rate of increase well above the […]
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The drive to resume credit expansion and recent growth in private employment
Last night’s news coverage of the Bank of England’s prediction of no growth in 2012 was wearily predictable. There were calls for one last rate cut, more “monetary accommodation” and then turning to the Chancellor for more government spending. We can’t borrow and print our way to prosperity. That’s how […]
Read MoreApprenticeships in Wycombe increase by over 50%
The latest figures for apprenticeships show an above average increase across Buckinghamshire. The average South East increase of 44% was also bettered by our neighbours in Beaconsfield (50%) and Chesham and Amersham (53%). Wycombe’s own increase of 51% should also be seen against the total number of places. We saw […]
Read MoreA speech on the monetary factors affecting jobs and growth
Yesterday, in the debate on jobs and growth, I said: We are in the midst of this jobs and growth crisis, so I feel that we should ask ourselves where jobs and growth came from, where they have gone and where they will come from in future. I went on […]
Read MoreA critique of monetarism
At The Telegraph, Ambrose Evans-Pritchard calls for a further extension to our binge: Tight fiscal policy offset by ultra-loose money is the only option for Europe, the US, and Japan. At The Cobden Centre, Professor Kevin Dowd says that Calls for further monetary expansion are cuckoo, and James Tyler, Chief […]
Read MoreObservations on a statutory instrument committee
I just completed my first act of scrutiny of legislation in committee for The Conduct of Employment Agencies and Employment Businesses (Amendment) Regulations 2010, which was drafted under the last government. It was an unedifying experience. Having obtained and read the instrument beforehand, I considered that: The Instrument was well-intentioned […]
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