Author Archives: johnredwood

The Bank of Japan has promised “ample liquidity”  whilst the US Fed says “We will use our tools and act as appropriately to support the economy” . read more

The theory is straightforward. Ministers decide on policies they wish to see implemented, or identify problems that need government solutions. Civil. servants advise on the best ways of implementing a policy or solving a problem. Ministers decide betw… read more

I have written many times before about the way the UK economic establishment has been wedded to the EU rule that we must bring state debt down to 60% of GDP. This has been the main constraint and guide on economic policy for the last decade. We need i… read more

I visited Royal berks recently and held a meeting with the Chief Executive. I asked him about Coronavirus preparations, where he confirmed the need for people to self isolate and ring 111. There are contingency plans for those needing treatment. We al… read more

This blog raises some questions and seeks your thoughts. Contrary to the assertions of a  couple of my recent correspondents I do not have a view of what is the right course of action for the UK authorities to take, and this piece does not offer a sol… read more