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Has the Bank of England abandoned inflation targeting?
Philip Booth
23 January 2013
comments

  An interesting comment was made recently by Andrew Lilico at a meeting of the IEA’s Shadow Monetary Policy Committee. He suggested that the Bank of England has given up inflation...
Holding Bank Rate at 0.5 per cent indefinitely will damage investment, not stimulate it
Andrew Lilico
19 April 2012
1 comment

Does cutting the Bank Rate (the Bank of England policy rate) cut the real-terms cost of capital for investors? Most discussions take it for granted that it does do this. But corporate finance...
ICB Interim Report – the wrong answer to the wrong question
Andrew Lilico
11 April 2011
2 comments

The fundamental problem in the banking sector is that bank creditors are not exposed to risk of loss. Who are the bank creditors? There are two key sorts: bondholders and depositors. So any useful...
FSA’s reforms misconceived
Andrew Lilico
3 July 2009
2 comments

There has long been an important problem in the selling of and advising on retail financial products.  Large numbers of individuals and firms call themselves “financial advisors” or even “...

IEA Brexit prize

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