David Skilling quoted in the Financial Times: “. . . I don’t see how the current institutional set-up remains a political equilibrium”
Economic policy
Financial Times Letter: Burnham could take a leaf from Bob Hawke’s playbook
David Vines and John Llewellyn argue that Andy Burnham’s reform proposals should not be read as a call for an early election. Reforms this important need time, debate and public consultation, as Bob Hawke’s accords with Australia’s unions showed....
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Economic policy
The Guardian: Bank of England urged to slow or halt bond-selling to slash UK borrowing costs
John Llewellyn, a partner at the consultancy Independent Economics and a former chief economist of the OECD, said the idea that there was a firewall between the Treasury and the central bank was a “fiction” and Bailey should expect to negotiate with the chancellor to minimise costs....
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Economic policy
Financial Times: Risk of a new age of financial repression is rising
John Llewellyn and David Skilling quoted in the Financial Times: Monetary policy is being subordinated to financing US government expenditure...
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