Search Result for 'financial crisis'

We’re all poorer for this EU ‘debate’

“Above all, it is criminal to excite anger and discontent without proposing a remedy, or only proposing a false remedy” --- Theodore Roosevelt, How Not to Help Our Poorer Brothers, 1987 Foreigners! Terror! Instability! Economic bombs! Elites! Democracy! Arrest warrants would fill several grand rooms if we were subject to ...

UK Entrepreneurs ‘Forged in the Fires of Adversity’

Almost a third of businesses founded in the UK in the last five years were in response to redundancy or long-term unemployment, according to new research. The financial crisis has shown that Brits are rather resilient folk, with many people bouncing back by staring adversity in the face and starting up ...

How To Lose The Mayoral Race And Alienate People

By Abeer Sharma Soon after midnight on Saturday morning, Labour’s Sadiq Khan vanquished his Conservative rival Zac Goldsmith and became the next Mayor of London. Khan’s comprehensive victory was the denouement in what ultimately proved a procession of a mayoral race. This was in no major part down to Zac ...

School kids prophesised day off from rubbish PFI deals

As shoddily built schools were closed in Scotland, it meant the only citizens who have ever benefited from PFI were children, getting a few days off. However, they knew this day would come. They had prophesised these free days off school, in fables about this momentous occasion, handed down from ...

Iceland PM ‘To Resign’ After Panama Papers Leak

Iceland's Prime Minister Sigmundur Gunnlaugsson is set to resign after revelations of his tax affairs were revealed in the Panama Papers leak. The documents from Mossack Fonseca showed that the disgraced PM hid  millions of dollars of investments in his country’s banks in an offshore company under his wife's name. Although it ...

The Myths that Drive Austerity

By Prof Mary Mellor The justification for austerity is that the public sector must live within its means. There is a plausibility in the claim that the state is like a household that should not spend more than it earns. This kind of ‘handbag economics’ draws its analogy from a ...

The OECD has called for less Austerity…Will Europe Listen?

By Dean Hochlaf Since the 2008 financial crisis and subsequent economic downturn, Europe has pursued a course of vigorous austerity, in a desperate attempt to reign in government spending which spiralled after a series of high profile bank bail-outs. In Britain austerity is practically synonymous with Chancellor George Osborne. In ...

TLE

London property prices leap into 2016

By Bea Patel, TLE Property Editor and Director of Shop for an Agent There was much talk over the imbalance of supply and demand in 2015. But has much changed as we enter 2016? According to search engine Home, supply of homes on the market has fallen to a new ...

The Big Short: Opening Schrödinger’s Box

Erwin Schrödinger was a Nobel Prize-winning Austrian physicist who, amongst other esteemed achievements, was most noted for his sympathies to the scientific layman. In an attempt to demystify the secrets of quantum physics, Heisenberg's Uncertainty Principle and parallel universes he developed a theory named Schrödinger's cat, in which a cat ...

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