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Talk about Newsnight (Free subscription) | yesterday
It was his namesake , footballer Danny Blanchflower who famously said "we need to get our retaliation in first". Today, rebel MPC member Professor David Blanchflower has broken with Bank of England protocol to do exactly that. He has called for a big, fast rate cut, a fiscal stimulus to the economy and in general indicated that both the government and the Bank need to get their fingers...
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David Smith's EconomicsUK.com (Free subscription) | 9 hours ago
Land Registry figures are out, showing prices dropped 0.6% in July and were 2% down on a year earlier, rather different from the Nationwide's 10.5% fall. Details here. Of rather more interest was David "Danny" Blanchflower's Reuters' interview, which I...
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Reuters UK (Free subscription) | yesterday
LONDON (Reuters) - Two million people may be out of work by Christmas and big cuts in interest rates are needed now to stop the economy heading into a deep and prolonged slump, Bank of England policymaker David Blanchflower told Reuters.
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Reuters UK (Free subscription) | 16 hours ago
LONDON (Reuters) - Two million Britons may be out of work by Christmas and big cuts in interest rates are needed now to stop the economy heading into a deep and prolonged slump, Bank of England policymaker David Blanchflower told Reuters.
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The Independent (Free subscription) | 21 hours ago
David Blanchflower paints a vivid picture of what's been going on in recent meetings of the Bank of England's Monetary Policy Committee. His colleagues have been asleep at the wheel of the good ship Economy and he's failed to rouse them, despite ever louder warnings of a recession-shaped iceberg looming large.
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The Independent (Free subscription) | 21 hours ago
David Blanchflower paints a vivid picture of what's been going on in recent meetings of the Bank of England's Monetary Policy Committee. His colleagues have been asleep at the wheel of the good ship Economy and he's failed to rouse them, despite ever louder warnings of a recession-shaped iceberg looming large.
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The Independent (Free subscription) | 21 hours ago
David Blanchflower paints a vivid picture of what's been going on in recent meetings of the Bank of England's Monetary Policy Committee. His colleagues have been asleep at the wheel of the good ship Economy and he's failed to rouse them, despite ever louder warnings of a recession-shaped iceberg looming large.
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Scotsman.com (Free subscription) | 20 hours ago
DAVID Blanchflower, the monetary policy committee "dove", warned yesterday that only a dramatic cut in interest rates could stave off the worst effects of a recession
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icWales (Free subscription) | yesterday
But in a sign of the growing tension on the committee, Prof Blanchflower told Reuters: "To sit and worry about inflation expectations and what is going to happen to those, rather than worry about the fact that the economy is going to go into a recession seems to be misguided."
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Reuters UK (Free subscription) | yesterday
LONDON (Reuters) - Two million Britons may be out of work by Christmas and big cuts in interest rates are needed now to stop the economy heading into a deep and prolonged slump, Bank of England policymaker David Blanchflower told Reuters.
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The Telegraph (Free subscription) | 20 hours ago
David Blanchflower, a member of the Bank of England's Monetary Policy Committee, has hinted that he may push for a half percentage point cut in interest rates at the next meeting of the MPC.
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Slugger O'Toole (Free subscription) | 11 hours ago
Have you ever heard of Blanchflower ? You have now. To most of us, the name conjures up fond memories of two great Belfast footballing brothers of the 1950s and 60s. But now there's a new Blanchflower David. (no relation as far as I know). David Blanchflower moves into history as the first member of the Bank of England monetary policy committee (MPC) to break ranks and give a...
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theRatandMouse (Free subscription) | 2 hours ago
Don't worry about house prices, enjoy your home [Citywire] Rightmove profits up [24Dash] Blanchflower urges rate cut [BBC] More agents feel pain after Govt bungles Stamp Duty leaks [FT Adviser] But don't worry, Darling and Flint will save the...
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Phil Slocombe (Free subscription) | 8 hours ago
It is rarely difficult to distinguish between Professor Danny Blanchflower and a ray of sunshine. The Anglo-American professor is the chief dove on the Bank of England's Monetary Policy Committee, and a worrier. In particular, he worries that interest rates are too high and will smother the UK economy, leading to the return of the most baleful spectre in the political realm: mass unemployment....
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Evening Standard (Free subscription) | yesterday
Around two million people will be unemployed by Christmas as the credit crunch bites, a key Bank of England policymaker warned yesterday. Professor David Blanchflower said he predicts 2,000 people will lose their jobs every day over the next four months.
