A prominent economist just explained how a Labour government will boost Britain’s economy

News

Written by : TIMOTHY J. WOODS

Economist and former Greek finance minister Yanis Varoufakis just explained why a Labour government could boost the British economy. Speaking to Business Insider, Varoufakis highlighted Labour’s focus on businesses that produce “real stuff” rather than so-called big business.

Unbalanced economy

The Global Entrepreneurship Index named Britain as the most entrepreneurial country in Europe in 2015. But it is a “stucturally unbalanced economy” and the productive base is too low, according to the Bank of England, the International Monetary Fund and even the government.

Continue reading on the canary

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

News
Majority of Scots police officers want access to a handgun

Almost two-thirds of Scotland’s police officers want to have access to a handgun, according to new research. A survey by the Scottish Police Federation (SPF) found that 64% of officers support such a move. The finding came as around an eighth of the workforce said they believe their existing personal …

News
DONALD TRUMP PLANS TOTAL REPEAL OF NET NEUTRALITY LAW THAT KEEPS THE INTERNET FREE

Written by : ANDREW GRIFFIN The US government is going to end net neutrality, a fundamental principle of how the internet works. Net neutrality is the idea that all internet traffic is treated the same. But the new ruling will allow internet service providers to block or slow access to specific …

News
These are the MPs who voted down legislation on animals feeling pain and emotion as part of Brexit bill

Written by : Joe Vesey-Byrne During debate on the EU withdrawal bill parliament rejected an amendment that would have inserted the legal status of animal sentience. The vote, largely on party lines, saw 313 MPs vote against including the legal recognition for animals’ sentience in the EU withdrawal bill. ‘Sentience’ recognises …