Ireland's Fianna Fail leaders must rue the day they ever allowed Patrick Honohan to take charge of the Irish central bank. The British and US governments are printing money to create inflation – to reduce their debts, says Jeff Randall. Marius Kloppers need not be too disappointed with his failure to acquire Potash Corporation, the object of his $38bn (£23.5bn) offer and now a company very much under the protection of the Canadian government. Taxpayers cannot be expected to pay for all the banks’ bad debts, saysJeremy Warner. The new leader of the CBI believes common sense could see Britain take the lead in a manufacturing renaissance. The man who has led the UK's biggest retailer for 14 years will next year leave behind a 'frustrating' job that's also 'the best you could ever have'. The world needs a new international economic and monetary regime to replace the bedlam which currently threatens a return to the 1930s but gold is not the answer, says Roger Bootle. Another week and another Government-led trip to yet another foreign country with which UK companies want to do more trade. Do British companies have a special talent for antagonising the public? History makes clear why the Chinese are so twitchy about their rapidly rising consumer price inflation. The governments of poor countries (even ones that are getting rich as rapidly as China) know that hungry people are quick to take to the streets. It's almost that time of year again. So let's singalong with Tesco. You know. The Trolley and the Ivy. O Leahy Town of Bethlehem. And, for any unhappy staffer at head office: Cheshunt Roasting on an Open Fire. Ian Cowie, a Gartmore investor, asks advisers what they think of the upheaval. There is no doubt that low interest rates have been the saving grace for many borrowers.Comment
The sharpest comment and analysis from the top columnists on UK and world finance news.
Patrick Honohan: Ireland's prophet and saviour
Jailed counterfeiters aren't a patch on the Bank of England
PotashCorp outcome highlights worrying fashion for intervention
This bail-out blackmail must be stopped
John Cridland dreams of British manufacturing renaissance
What's in store for Tesco chief Sir Terry Leahy?
At least we seem no nearer to falling for the gold delusion
How can the City preach efficiency?
Vodafone shops are an easy target for protesters but not the right one
Lessons from history in China's inflation crisis
Tesco hears jingle tills, jingle all the way
'I'm taking my money out of Gartmore China'
Lord Young was one word away from being right
Sunday, 21 November 2010
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