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