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

European Scenario

WEEKLY COMMENT 23-02-2017

By Barry Edwards

European Scenario

The Conservative win at the Copeland by-election is a stunning victory for the Theresa May government and their political management of the Brexit policies they have outlined. Admittedly, there are other issues that worked heavily in their favour especially the nuclear energy policy but however it is analysed winning an opposition held constituency mid-term is a rare event.  It clearly sends a signal that if a general election were to be held in the next few months the possibility of a massive swing to the Tories is almost certain. In fact, it actually indicates that it is not necessary to do that and cements the strong position the government has politically. read more

2017 Reality Check

WEEKLY COMMENT 16-02-2017

By Barry Edwards

2017 Reality Check

 

The first six weeks of 2017 has produced abundant comment about the potential or looming disaster of the world economy that we have seen for some time. Those people who analyse financial and economic events have been prolific in their pronouncements and it is difficult to gather a general consensus for the direction or trend of what the future holds. Events such as Brexit and the election of Donald trump with the rise of populism throughout the developed world have created an environment that presents so many possibilities that accurate prediction is unfathomable. read more

The Cost of Brexit

WEEKLY COMMENT 9-02-2017

By Barry Edwards

The Cost of Brexit

 

Now the government is properly authorised by parliament to activate article 50 of the EU treaty, the reality of the cost of exiting is the main subject under discussion by economists, journalists and commentators. What this really entails has been described in a paper from the Centre for Economic Reform (CER) written by Alex Barker, the Brussels bureau chief for the Financial Times. It is an easy to read well written document explaining the fundamental financial commitments that the UK is committed to with the EU and how it all might be finalised. If you click on the link below you can read the paper (15 pages); read more

BofE Inflation Report

WEEKLY COMMENT 2-02-2017

By Barry Edwards

BofE Inflation Report

The Bank of England’s inflation report is a very different document from the previous ones since the referendum. It is strikingly positive compared to the pessimistic outlook that was the theme of the others. Despite all the warnings the British economy refuses to react in the way predicted by many economists and commentators and consequently the BofE has forecast a much more encouraging future for the UK over the next two years. If you click on the link below you can read the report (45 pages); read more