Tag Archives | Economy

Back to the future – the only possible headline

Delorean tombstone

  Even now it’s hard to believe it ever happened. Remember the famous gull wings of the pride of Dumurry? And its big sell as the saviour of Northern Ireland with Protestant workers using one door of the factory and Catholics another? As it was written so it must be true, in the era of more…

Renua Ireland launches General Election manifesto

[One of] Ireland’s newest political party parties, Renua Ireland, launched its general election manifesto today, and revealed its 18 candidates. The RTÉ report focuses on the proposal for a flat rate of income tax at 23%, and the party leader Lucinda Creighton’s bid for the party as a future coalition partner. Ms Creighton claimed no party more…

Irony-free Sinn Féin MLA to repay £900 postage bill

The BBC reports that Sinn Féin MLA Barry McElduff has agreed to repay nearly £900 in postage costs claimed from Northern Ireland Assembly allowances.  The cost relates to a circular letter sent in June to over 1000 households in the Drumragh electoral ward in Omagh, County Tyrone, complaining that “the Tories are robbing the assembly and every government department more…

When is “an independent study” on Irish unification not independent?

When it has been commissioned, under cover, by Friends of Sinn Féin USA, perhaps… Sinn Féin were quick to welcome the recent announcement of the “first-ever economic modeling [of the] economic benefits Of Irish unification” at the Harvard Club in Manhattan.  Twice, in fact.  An Phoblacht were too. The press release from Sinn Féin MEP, Matt more…

Martin McGuinness: “if the governments move as speedily as we have done, all of this could move very quickly”

After 9 weeks of behind-closed-doors talks, including an exclusive, super-sekrit, meeting in Downing Street with David Cameron, and a less sekrit meeting with Enda Kenny, the Northern Ireland First and deputy First Ministers emerged blinking into the light today to inform the waiting press that… “The core of that agreement, the substance, has already been more…

“The first and deputy first ministers held a private meeting with the prime minister in London..”

Back to political reality, because some recent posts have been less than relevant.  No names, no pack drill.  ANYhoo… As the BBC reports, following the Northern Ireland Secretary of State’s declaration that, “I think it is possible that we could have a deal next week“, the Northern Ireland First and deputy First Ministers, the DUP’s more…

“in which case, may I be the first to say well done Gerry.”

EU flag

Aided and abetted by the right-wing nationalists of the Independent Greeks, Alexis Tsipras has been returned to power in Greece at the head of a New Syriza “experiment” to implement the EU bail-out, and associated austerity measures, that the Old Syriza experiment was once elected to oppose.  Given the contortions Tsipras has put his party, more…

For the AssembIy solution, it’s the Stormont House agenda, stupid!

Amid all the sterile political sparring, the most significant development in the Assembly stand- off  has been the one that has been almost totally ignored – the UK governments’ publication of a summary of measures which would form the basis of a Northern Ireland  (Stormont House Agreement ) Bill  to be included in the Queens more…

Are you impressed with the latest Assembly moves?

Gaming in the Assembly crisis  reaches new heights ( or depths) with the DUP delivering an undisclosed ultimatum  to the secretary of state  and the Ulster Unionists implementing their own ultimatum by refusing to take part in talks on the basis of the Stormont House Agreement,  even though Mike Nesbitt’s way out of one part more…

Anti- austerity arguments are not limited to Sinn Fein, but a proper debate about the real impact of cuts is needed.

Anxiety and anger over budget plans including welfare cuts continue on both sides of the water. Amid the attacks on George Osborne for “ Tory austerity” in his  plans to cut public  spending  by a further £20 billion or 40% for unprotected  areas, a rough comparison of public spending as a share of GDP  suggests more…

“Still, there are words for the sort of reception meted out, and the most polite are ‘low’ and ‘key’.”

Meanwhile, back at the ranch… or, rather, as far away from the ranch as you can reasonably get…  For the benefit of those concerned about accountability and the democratic process…  Liam Clarke has some points to make about Northern Ireland Secretary of State, Theresa Villiers, and the Northern Ireland deputy First Minister Sinn Féin MLA Martin McGuinness’ recent, more…

Reality checks of north-south comparisons should be welcomed

This piece by Aaron McKenna , businessman and columnist in the Journal.ie is not holy writ but it does make some interesting north-south comparisons. The UK government spends 24% more per head in Northern Ireland than it does in England, some £10,876 for every person in the province. If we got Northern Ireland tomorrow, that more…

“future banknote designs, starting with the new polymer £5 note, will explicitly represent all four nations of the UK.”

As mentioned in this BBC report focused on the first Bank of England polymer banknote – a £5 note featuring Sir Winston Churchill which will be issued in 2016. Banknotes will feature images from all four nations of the UK starting with the new £5 note entering circulation in 2016. [Timing, eh? – Ed]  Eh?  more…

The welfare crisis deepens. The DUP are making common cause with Sinn Fein over George Osborne’s cuts

The Guardian’s Politics Live feature reports an analysis of the impact of the Welfare Reform and Work Bill on the working poor.  Read across locally, it has the effect of adding the DUP’s opposition to the UK’s government’s budget strategy  to Sinn Fein’s, albeit on more limited grounds. The analysis was made by the highly reputable, unbiased more…

After Greece – where now for Cameron’s negotiating?

David & Donld

Donald Tusk has improved his English lately, which may have something to do with his employing of an Ulster-born speech-writer. The former Prime Minister of Poland took-over from Herman “damp-rag” Van Rompuy as the President of the Council of the EU last year, this was the job once sought by Tony Blair, but no British more…

Theresa Villiers is a semi-detached secretary of state. She needs to focus up, or go.

Mick’s post brings out the striking  ontrast between this debate in the Dail and how Westminster is currently dealing with Northern Ireland.  There is a powerful irony that Dublin is far more interested in our affairs than London, even though London as the paymasters has the overwhelming responsibility. In NI questions on the same day,Theresa more…

Greek deal: This Is NOT a Coup

EU flag

Whether the Syriza-led government of Greece survives its own domestic democratic pressures remains to be seen following the deal struck at the Eurozone summit yesterday – in the end the 28 EU leaders didn’t have to meet…  The Guardian live-blog on the Greek crisis notes one possible scenario Analysts at Eurasia Group suspect Greece could soon head towards more…