With most western economies either stalled or contracting, there is an obvious need for action to promote a return to growth. My concern is that the very tool that Central Banks are using to improve liquidity in stagnating economies (Quantitative Easing) could actually be creating a brand new bubble.
In exactly three months from today, London (with the support of the rest of Britain) will welcome and host the 2012 Olympic Games. Many are excited by this prospect, while some are simply indifferent.
Last night Bradford West delivered a result that no political analyst predicted. This morning many were trying to find answers in the result and what it tells us about the current national political landscape, and some were even seeking answers regarding the leadership of the Labour party itself.
This is misplaced.