Financing Investment

WEEKLY COMMENT 10-08-2017

By Barry Edwards

Financing Investment

The Institute for Public Policy Research (IPPR) Commission on Economic Justice has recently published a discussion paper entitled ‘Financing Investment, Reforming finance markets for the long-term’.  The IPPR is a landmark initiative to rethink economic policy for post-Brexit Britain. Launched in November 2016, the Commission brings together leading figures from across society – from business and trade unions, civil society organisations and academia – to examine the challenges facing the UK economy and make practical recommendations for reform. If you click on the link below you can read the paper, it is 35 pages of script and it is well worth reading; read more

CBI Industrial Strategy

WEEKLY COMMENT 27-07-2017

By Barry Edwards

CBI Industrial Strategy

 

The Confederation of British Industry (CBI) has published this week their response to the government’s Industrial Strategy green paper published on 23rd of January 2017. The CBI paper is a very thorough analysis and is a very comprehensive response with recommendations that enhance the discussion and the contribution from their members was impressive.

Since the publication of the green paper, the CBI has consulted with over 500 members, large and small, from different sectors up and down the country. The response was overwhelming – CBI members are extremely supportive of a modern industrial strategy. They agree with the high level goals, and believe the Government has identified the right issues and asked the right questions. The 10 pillars outlined in the green paper were broadly welcomed as the starting point for a transformative industrial strategy. If you click on the link below you can read the CBI response, it is 30 pages long and well worth reading. There is a summary of all the recommendations on page 29; read more

European Banks  

WEEKLY COMMENT 20-07-2017

By Barry Edwards

European Banks

 

There has been a lot of comment this week about European banks and the vast amount of non-performing loans (NPL) that they have accumulated since the financial crisis in 2007/8. The European Commission have been planning to re-awaken the securitisation market to allow some of these NPL’s to be securitised and issued as bonds. However the Commission has ruled that they will not allow self-certified mortgages to be included in these issues which has thrown a spanner in the works. Many of these mortgages prior to the crisis were self-certified as they were in the UK and USA although that has now been disallowed in most countries. read more

Brexit Negotiations

WEEKLY COMMENT 13-07-2017

By Barry Edwards

Brexit Negotiations

The comments and statements coming from politicians and commentators are particularly confusing if you are trying to work out the approach that the government is taking concerning the Brexit negotiations. The only thing that is clear is the fact that politicians from all parties have very different ideas about the outcome they would like to see. It is now fairly obvious that many people and politicians had not really thought deeply about the consequences of Brexit and what it will mean for the country. The appalling debate prior to the referendum clearly demonstrated the lack of understanding about the detail involved in negotiating the final settlement. read more

Government Expenditure

WEEKLY COMMENT 6-07-2017

By Barry Edwards

Welcome to the first post on the new site taking over from the Txtreme Business Forum which hosted the Weekly Comment since January 2013. The Barry Edwards and Associates blog is now fully functional and will be commenting on a wide range of subjects as before although there will be more contributors writing papers and posting regularly to engage discussion from those of you who wish to comment. We hope you find the content thought provoking and look forward to your participation in the years to come as the site evolves and develops to become one of the most active blogs. read more

CHANGE OF WEBSITE FOR THE WEEKLY COMMENT

CHANGE OF WEBSITE FOR THE WEEKLY COMMENT
Txtreme – Online multiple text messaging service with SMS Developer API

Txtreme - Online multiple text messaging service
Txtreme – Online multiple text messaging service with Developer API

The Txtreme weekly comment has changed to this new site since the regular posting on subjects unconnected with text messaging conflict with the business activity of Txtreme and cause the ranking of the site to be compromised.

It has been decided that a new site should be set up to help resolve this problem and in future the weekly comment will be posted on this website – BarryEdwardsAndAssociates.com. read more

Swiss Style Brexit

WEEKLY COMMENT 27-04-2017

By Barry Edwards

Swiss Style Brexit

The run up to the UK general election has brought the debate about the Brexit negotiations to the forefront with all parties claiming they have the answer to getting the best deal. Similar to the pre referendum debate, the proposals put forward currently are as unrealistic as you can get when you look at the reality of what is achievable. It is about time that a serious proposal was discussed that has some possibility of being the framework that could form the basis of an agreement. read more

European Elections

WEEKLY COMMENT 20-04-2017

By Barry Edwards

European Elections 

2017 is the year that the people of Europe are deciding who will be their leaders; all the major countries are having important elections and the UK has joined the bandwagon. Admittedly, Italy has not confirmed it will have an election but most commentators expect there will be one later this year. The four main candidates in France are neck and neck although everyone expects Marine Le Pen to be in the May vote making it difficult to predict who will challenge her, we will find out on Monday but everybody expects her to lose. read more

World Economy & Brexit

WEEKLY COMMENT 13-04-2017

By Barry Edwards

World Economy and Brexit

 

While the UK has been concentrating on Brexit, the economic outlook around the world is becoming quite positive especially since the EU is finally starting to respond to ECB quantitative easing programme. Growth in Europe is estimated to be around 2% this year and unemployment is starting to come down although youth employment is still high across southern Europe. America and Asia are both growing at a good pace and developing nations are experiencing higher growth than they have for some years now commodity prices are recovering. read more

Middle East Plan

WEEKLY COMMENT 6-04-2017

By Barry Edwards

Middle East Plan

The attack against the Syrian airbase by the Americans has dominated the headlines and changed the strategy towards managing the war. It has changed the American policy concerning the war presenting the possibility of a new approach that may lead to a solution to the entire Middle East problem. The majority of the allies in the coalition attempting to resolve the Isis occupation seem to condone the attack and it has clearly sent a message to the Syrian government and the Russians that this behaviour is unacceptable. read more

Article 50

WEEKLY COMMENT 30-03-2017

By Barry Edwards

Article 50

Just about everybody has made some comment about the implementation of article 50 and some have made suggestions about what should happen now. The reality is that this is a massive task and the only similar precedent for England and Wales was the separation of the English Church from Rome In 1534 by King Henry VIII.  This is the reason why government ministers are considering using the same process used by King Henry to adopt EU rules and regulations into English law. There are 12,000 of these so it is not surprising the government is trying to find a shortcut for the process. read more

Elderly Care

 

WEEKLY COMMENT 23-03-2017

By Barry Edwards

Elderly Care

 

This week the news is that social care companies contracted by county councils are struggling to deliver the services required and some are now unable to continue providing those services. Recently Theresa May has suggested that a death tax is a possible way of raising funds to help pay for the social care of older people which would be paid out of the estate of the deceased when their probate is settled. It would in effect be an additional tax on top of any inheritance tax that is due and is proposed to be another 10% of the total estate with a maximum of £73,000 and any costs above that to be covered by the state. read more