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Edmund Conway

IMF: European banks emergency asset sale accelerates

IMF: European banks emergency asset sale accelerates

European banks are in the midst of an emergency firesale of assets worth more than €10,000 (£8,000) for every single household in the continent, it has emerged. The warning from the International Monetary Fund came 24 hours after it slashed its growth forecast for Britain’s economy by

IMF: We All Underestimated The Pain of the Cuts

What if the fundamental assumptions upon which we’ve based our economic plans were flawed? What if Britain’s fiscal plan – the “plan A” we hear so much about – was predicated on an economic model which vastly underestimated the crippling economic impact of austerity? Those are the questions buried away

IMF's unwavering confidence in Plan A

A year ago, the International Monetary Fund said that Britain should only reconsider its fiscal plan if GDP was significantly worse than its forecast. At that point it was projecting economic growth of 2.3%. Roll on to today and the Fund has slashed its forecast for the UK economy

We're all in it together, unless you're an employee: Osborne's new employee share plan

Britain is facing the worst recession in living memory, the biggest financial crisis in history and the threat of an epochal currency collapse a few miles over the Channel. Against that backdrop it might seem odd that what the Conservatives are most at pains to talk about today is an

IMF: world financial system just as risky as before crisis

IMF: world financial system just as risky as before crisis

What if all the efforts to overhaul the financial sector in the wake of the crisis had yet to make us safer? What if, far from behaving themselves, the bankers and financiers involved in the last collapse were up to their old tricks again? If this were the case it

Britain's Marshall Plan? Vince's New Investment Bank

Vince Cable should be congratulated on having secured £1bn for the balance sheet of his new British Business Bank – if only for the fact that he managed to squeeze anything out of the Treasury. I’m told that up until last week, the Treasury was desperate not to provide any

100

100

[/content/images/wordpress/2012/09/100-copy.jpg]Precisely 100 minutes of music featuring some utterly brilliant songs, the majority of them out in the last few months. This is my first new mix of songs in what feels like ages, and it was a joy to put together. Hope it’