Archive for the ‘Thoughts’ Category

Jan 07 2014

The campaign to abolish the corporation tax

Posted by: Nicholas Shaxson in: Thoughts

Read about the latest phase of this long-running campaign, here and here.…

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Dec 13 2013

The Policy Network: how the UK left is captured, episode CVXII

Posted by: Nicholas Shaxson in: Thoughts

A couple of years ago I pointed to a Naked Capitalism article unpacking a “monstrosity” of a pamphlet issued by Demos, a think tank going under the banner of “Open Left . . . giving a voice to people and communities.” Among many other unashamed apologies for a largely unreformed UK financial sector, the pamphlet mentioned:

“I am particularly grateful

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Dec 12 2013

Britain’s banks in the Second World War

Posted by: Nicholas Shaxson in: Thoughts

Well, this little story is interesting. I briefly touched on this issue in the Swiss chapter of Treasure Islands (not, sadly, available in the U.S. edition), but I didn’t have access to a lot of this information.

Take a look.…

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Dec 01 2013

Renegade Economist on tax havens

Posted by: Nicholas Shaxson in: Thoughts

Renegade Economist has a conversation with my favourite author.

Here.

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Nov 27 2013

Petition: Launch an inquiry into the relationship between UK parliament and City of London.

Posted by: Nicholas Shaxson in: Thoughts

From Change.org, a petition that’s right up my street. It’s UK-focused, but relevant for the whole world. Please sign it, and share this widely.

The Committee on Standards in Public Life: Launch an inquiry into the relationship between parliament and City of London.

Owing to three identified areas of concern and associated evidence already placed before the committee in the

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Nov 27 2013

What can tax havens do to clean up their image?

Posted by: Nicholas Shaxson in: Thoughts

From Offshore Incorporations Ltd. (OIL,) a forward-looking industry survey looking at the future of tax havens (hat tip: ICIJ.) It rather speaks for itself (click to enlarge):

The OIL graph does not provide a scale, so I’ll merely measure it in centimetres on the computer screen of today’s blogger. Compare the 6.3cm score for ‘public relations’ with the …

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Nov 26 2013

My photo of the day

Posted by: Nicholas Shaxson in: Thoughts

From a story in The Guardian today about tax havens.


It’s a good story too.…

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Nov 22 2013

Top UK estate agent: top end of housing market is in a slump

Posted by: Nicholas Shaxson in: Thoughts

Trevor Abrahmsohn

Update, Nov 28 – Just to reinforce the point, see this story that just emerged from the Evening Standard: a £65m property slashed to £30m – and more. I find it peculiar that the mainstream media is largely ignoring this trend. I told a house-owning relative in the UK about this, and such is the mania out

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Oct 30 2013

The UK banking sector: above a certain size, worse than useless?

Posted by: Nicholas Shaxson in: Thoughts

Updated, November 4th

Two devastating indictments of UK banking policy in the Financial Times. The first, from the FT’s Martin Wolf:

“As of August 2013, loans outstanding to UK residents from banks were £2.4tn (160 per cent of GDP). Of this, 34 per cent went to financial institutions, 42.7 per cent went to households, secured on dwellings, and another 10.1

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Sep 26 2013

New York and London: two tales of two cities

Posted by: Nick Shaxson in: Thoughts

Bill de Blasio, the current frontrunner to be New York’s next mayor, has been making quite a splash with his ‘Tale of Two Cities‘ campaign slogan.

When political slogans are just empty words, they very often fade away. But de Blasio’s words, of course, are chock-full of substance: in fact, they encapsulate one of the defining stories of …

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