Tag Archives: larry elliott

Danny Alexander: UK’s triple-A credit rating “not be-all and end-all”

Lib Dem chief secretary to the treasury Danny Alexander has signalled an interesting shift in the government’s economic approach, downplaying the significance to the economy of the UK’s continuing triple-A credit rating. Here’s what he told the BBC (courtesy of PoliticsHome):

“The credit rating is not the be-all and end-all. What matters is have we got the right policy mix for the country to get people back into work, to support economic growth, to deal with the huge problems in our public finances and the credit agencies reflect on those things and the ratings they give are a reflection of

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Book review: The Gods that Failed by Larry Elliott & Dan Atkinson

Alas, but despite the positive reviews from some for The Gods that Failed, I found it a book that was long on rhetoric about how awful much of the world is, but rather short of evidence to back-up the arguments and even skimpier on solutions.

First, the good bits of the book: it’s a lively and passionate account of not only the financial markets but also much of modern life, looking widely at things that have gone wrong. Despite having come out in 2008 and so being written before much of the recession, it does not read like a work …

Posted in Books | Also tagged | 3 Comments
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