News Tag: David Blanchflower
June 16, 2009
David Blanchflower, the former member of the Bank of England’s Monetary Policy Committee (MPC), believes job losses in the UK are set to soar, with unemployment among the young becoming a "national tragedy".
Mr Blanchflower’s bleak forecast comes ahead of unemployment figures, due to be released tomorrow.
Furthermore, other reports out today have revealed some alarming results with regard ...
Former MPC member latest to forecast rise in unemployment
by Kay Murchie
June 1, 2009
David Blanchflower, the former member of the Bank of England’s Monetary Policy Committee (MPC), has warned that the latest green shoots in the economy are "tentative" and that unemployment in the UK will continue to rise.
Mr Blanchflower has been speaking to the BBC after his three-year term as MPC member came to an end after choosing ...
Former MPC member warns of rising unemployment and “false dawns”
by Kay Murchie
March 24, 2009
David Blanchflower, one of the more publicly recognised policy makers in the Bank of England, has given a warning shot to the government that unless evasive action is taken in order to tackle the recession head on, by spending in excess of £90bn on new projects, unemployment may reach unthinkable levels of 4 million.
The plan ...
David Blanchflower predicts unemployment could reach 4 million
by Peter Charalambous
October 30, 2008
Professor David Blanchflower, a member of the Bank of England’s Monetary Policy Committee (MPC), is calling for aggressive interest rate cuts in order to boost Britain’s economy and stave off the prospect of a deep and prolonged recession.
In response, Chancellor Alistair Darling appeared to be supporting Prof Blanchflower’s call after he stressed that while he ...
MPC member calls for aggressive rate cuts to stave off recession
by Kay Murchie