Labour's Teutonic ties not so strong after all

Article Abstract:

The speech made recently by Labour party leader Tony Blair on the party's new approach to economic policy gave some significant information about exactly what kind of modern capitalist party it is aiming to be. The party appears to have ruled out an large-scale move towards the German model of 'stakeholder capitalism,' with the speech giving a number of reasons why the UK would not want to copy German capital markets. However, there is still a great desire for the party to be one of investment, and all economic policies are now focusing on this aim.

Economic policy, Labour Party (United Kingdom)

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Are the waves coming or going?

Article Abstract:

The UK's economists remain divided about whether inflation is rising or falling, as monthly figures vary considerably. Inflation is extremely hard to analyse, as prices for some products are bound to be falling while those for other products are rising. Relative price changes cannot be equated to inflation, and selective indicators can be misleading. Companies are likely to find that they are unable to push through price rises, so will return to strong discounting and inflation will therefore fall once more.

Analysis, Inflation (Finance), Inflation (Economics)

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A political vision on the road to Blackpool

Article Abstract:

Prime minister John Major's vision of the UK as the 'enterprise centre of Europe' initially appears to be little more than yet another political slogan, but it in fact goes deeper than this. It could prove to be effective, with a strong unifying effect. It would give definition to the UK's relationship with the rest of Europe and would build on London's position as an attractive location for management operations.

Political activity, Column, Major, John

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