Blogs

Ben Chu

Ben Chu Rss Feed

Ben Chu

Ben Chu is The Independent's economics editor. Previously he was the newspaper's chief leader writer. He is the author of 'Chinese Whispers: Why everything you've heard about China is wrong' (2013). Follow him on Twitter: @BenChu_. Contact him on email via b.chu@independent.co.uk

Website | Email | Twitter

Sir Howard Davies: the full transcript, Chunomics

Sir Howard Davies: the full transcript

* Many bankers are still overpaid
* The Chancellor’s Help to Buy subsidies are not a good idea
* Banks should not be broken up
* Narrow banking (ordinary deposits all backed by ultra-safe government bond) would be “too risky”
* Higher equity buffers for banks will result in less credit for the real economy

By | Chunomics, Eagle Eye | Wednesday, 18 February 2015 at 12:50 pm

What is really happening to average pay?, Chunomics

What is really happening to average pay?

People in continuous employment always see pay rise faster than all employees and this is neither surprising nor new.

By | Chunomics, Eagle Eye | Tuesday, 10 February 2015 at 4:05 pm

No victory lap for George Osborne, Chunomics

No victory lap for George Osborne

Yes, the UK economy has recovered. But the evidence of high fiscal multipliers when interest rates are low and trading partners are also retrenching suggests it would have done better since 2010 without the Chancellor’s front-loaded tax hikes and capital spending cuts.

By | Chunomics, Eagle Eye | Wednesday, 14 January 2015 at 7:52 pm

A question for Danny Alexander, Chunomics

A question for Danny Alexander

If you object to more cuts “after the books are balanced” why did you not refuse to sign up for budget surpluses in 2018-19 and 2019-20?

By | Chunomics, Eagle Eye | Monday, 12 January 2015 at 12:26 pm

George Osborne’s £63bn borrowing blowout?, Chunomics

George Osborne’s £63bn borrowing blowout?

What if the surplus was only 0.7% of GDP, rather than 1%, as the Tories’ rhetoric now seems to suggest? A simple extrapolation, using the Treasury’s calculations, suggests public debt would be £63bn higher in 2035-36.

By | Chunomics, Eagle Eye | Friday, 9 January 2015 at 1:12 pm

Why we’re still feeling the economic pain despite the recovery, Chunomics

Why we’re still feeling the economic pain despite the recovery

Here’s why, despite the fact that the economy is growing relatively strongly and the cost of living is falling, many people still feel worse off than they did six years ago.

By | Chunomics, Eagle Eye | Tuesday, 23 December 2014 at 4:54 pm

Labour’s cuts really would be less deep, Chunomics

Labour’s cuts really would be less deep

Disregard the conventional wisdom. The Coalition’s penciled-in plans entail considerably more austerity than Labour’s do.

By | Chunomics, Eagle Eye | Monday, 22 December 2014 at 1:47 pm

A bothersome GDP breakdown, Chunomics

A bothersome GDP breakdown

None of this proves that the UK recovery is unsustainable. But there is nonetheless enough in these latest statistical breakdowns for policymakers to remain cautious.

By | Chunomics, Eagle Eye | Wednesday, 26 November 2014 at 5:50 pm

The Coalition’s regressive fiscal policies revealed, Chunomics

The Coalition’s regressive fiscal policies revealed

Which is the appropriate baseline for evaluating the distributional impact of the Coalition’s fiscal policies? The answer to that question would seem to be obvious.

By | Chunomics, Eagle Eye | Tuesday, 18 November 2014 at 2:14 pm

Helping savers will not help the recovery, Chunomics

Helping savers will not help the recovery

If interest rates were to rise to around 2.5 per cent few savers would spend more. But, by contrast, many borrowers would spend less according to Bank of England research.

By | Chunomics, Eagle Eye | Friday, 14 November 2014 at 12:00 pm

More independent blogs

Property search
Browse by area

Latest from Independent journalists on Twitter