Topic Archives: Economy

“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…

After Greece – where now for Cameron’s negotiating?

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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…

Greek deal: This Is NOT a Coup

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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…

What Austerity is what it isn’t (and, really how not to haggle)…

Now, notwithstanding the sage advice of Chris Dillow that “understanding support for austerity requires not an economist but a psychologist”, here’s Newton Emerson to duly report that whatever Northern Ireland is suffering, it sure ain’t austerity: HNIW9 from The Detail on Vimeo. There’s the narrow case that Newton makes here, but to that you can more…

A Banana Republic without Bananas

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According to Wikipedia a Banana republic is “a politically unstable country, whose economy is largely dependent on exporting a limited-resource product, e.g. bananas. It typically has stratified social classes, including a large, impoverished working class and a ruling plutocracy of business, political, and military elites. This politico-economic oligarchy controls the primary-sector productions to exploit the more…

The Great Corporation Tax Reform Dilusion

Budget 2015 presented yesterday by George Osborne included another cut to the UK Headline Corporation Tax from 20% to 19% in 2017 and 18% in 2020 which means that the UK is now has the lowest Corporation Tax rate of the G20 Nations. The difference between the headline Rate in the Republic of Ireland and more…

Has George Osborne Already Begun Fighting the Next Election?

So Ed wasn’t so red after all. George Osborne’s budget yesterday contained at least six promises that Labour set out in their manifesto for the May elections, including further taxes on the banks, the increasing the NMW (I refuse to call it the national living wage) and (not quite) abolishing non-dom status. Indeed, poor Andy more…

Cuts lead third level education down the path of the privileged

Eugene Tinnelly is a founder member of the Student Poverty Alliance Group. He writes for us about the cuts in higher education Education should be free. Whether it be primary level or third level, your access to education should not be determined by what’s in your wallet but instead, by what’s in your brain. People more…

European Council President on Greek Crisis: “the final deadline ends this week”

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Following what the German Chancellor, Angela Merkel, is reported to have described as a “very long, intensive”, “very clear and candid discussion” at the emergency summit of Eurozone leaders in Brussels tonight, some details are emerging of the next steps in the continuing Greek crisis.  From the Guardian’s live blog. Europe has given Athens one more…

Belfast: Toward a City Without Walls by Vicky Cosstick — Book Review

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In certain parts of Belfast, walls dominate the landscape – as well as the consciousness – of those who live and work around them.  A new book by Vicky Cosstick, Belfast: Toward a City Without Walls, explores the history, significance and most daringly, the future, of these walls, highlighting the efforts of some citizens of more…

“Greece today is angry and fearful, divided and conflicted, and will still be after Sunday’s vote.”

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With Sunday’s controversial, and confused, Greek referendum clearing its constitutional test in the courts, the Guardian Data Blog rounds-up the polls – as of 12.34pm Friday.  The then-live-blog added An Ipsos poll just released shows the referendum on a knife-edge. It has yes on 44% and no one point behind on 43%, with 12% still undecided. The more…

Greek Referendum: “a chunk of undecided voters to fight over.”

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Via the Guardian’s Greece crisis blog.   Another wrinkle for the game theory academics in the Syriza-led Greek Government, and those agitating on their behalf, to contemplate ahead of the controversial, and confused, on/off/on 5 July referendum in Greece. GPO poll Yes 47.1% No 43.2% Undecided 6.3% (via @euro2day_gr) #Greferendum #Greece #politics pic.twitter.com/xJRr3K2uAC — MacroPolis (@MacroPolis_gr) July 1, 2015

Time for a City Deal for Belfast…

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Last week, LOCUS and I, hosted a City Deal seminar in Belfast which was addressed by Mr Richard Brown, Director of Regeneration Glasgow City Council. He explained that City Deals are agreements that have been negotiated between the UK government and 29 cities in the UK; the city gets new powers in exchange for greater more…

Greece: bitter pills & ill-wills

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Of the grand, ambitious projects embarked-upon on the European continent over the last three decades two highly visible examples were recalled today in Brussels: football’s Champions League and the Single European Currency. Whatever they have in common there is one crucial difference in joining either of these prestigious clubs, in the Euro one can gain more…

“For those who can’t read Greekdebtspeak, well, you’re on your own”

Greek Referendum Question 5 July 2015

With European leaders, including Syriza’s erstwhile ally the Italian Prime Minister Matteo Renzi, warning Greek voters that they will be, effectively, deciding whether or not they want to stay in the eurozone, the BBC takes a side-ways look at the wording of the controversial 5 July referendum the Greek Prime Minister Alexis Tspiras suddenly announced at more…

Using data for public good – launch of Detail Data

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NICVA’s relationship with investigative journalism website The Detail began with the reporting on the umbrella organisation’s research paper on The Impact of Welfare Reform on Northern Ireland. Lisa McElherron said she was thrilled to launch the Detail Data project. NICVA had been keen (1) to better tell the stories of the sector they represent; (2) more…

“The exact location of the international boundary between Northern Ireland and the Republic of Ireland through Loughs Carlingford and Foyle remains an issue for determination…”

In January 2012 I suggested there might be some cause for optimism that the unresolved issue of the delimitation of the territorial water boundary between the UK and the Republic of Ireland could be, erm, resolved.  As the then Tánaiste and Minister for Foreign Affairs and Trade, Eamon Gilmore, TD, said at the time. Recently the two Governments agreed to address more…

More Greek gamesmanship…

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With the Greek Parliament, and Greece’s creditors in Europe and elsewhere, discussing the latest sudden manoeuvre by the game theory academics in the Syriza-led Greek Government, via the Guardian’s live-blog, here’s a reminder of Alexis Tspiras’ criticism of ex-PM George Papandreou’s, failed, attempt to hold a similar referendum in 2011. @graemewearden A transcript of @atsipras‘s scathing more…