Tag Archives: sean o’grady

Economic statistic of the week

From Sean O’Gray in The Independent:

December 2010 is the first month in – probably – history where the UK’s manufacturing sector had more money on deposit than it borrowed from the banks. Or, to put it another way, industry is lending money to the banks, rather than the other way around. Bizarre.

Posted in News | Also tagged and | 5 Comments
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Recent Comments

  • John Armah
    This article is to be welcomed. A fair and honest policy on immigration regular or otherwise needs to start with some honesty. Reform/Restore and some parts of ...
  • Nigel Jones
    I think this is an important article, the key point being the kind of message we give people about immigration. Too many people think mistakenly our policy is t...
  • Neil Sandison
    "Clear Liberal Objective" Is that not in the preamble of our constitution ? Is that not the bedrock of The Liberal Democrats as a social liberal party ? We ha...
  • William Wallace
    sarah; rebalancing our economy is a positive sum game both for london and the rest of the country. the south-east is short of water and electricity, and short ...
  • Peter Wrigley
    @ Chloe. I'm sorry you haven't noted any benefits from migration in your area. Be contrast, in my area, the old Heavy Woollen District of Yorkshire, immigrant...