Richard Edgar
ITV News
United Kingdom
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Past articles by Richard:
Budget 2016: How do the sums stack up?
My favourite quip on the Budget from the various think tanks and financial institutions weighing in on Mr Osborne's eighth go at shaping our financial destiny comes from Torsten Bell - director of the Resolution Foundation (and a former aide to Ed Miliband) -"The sofa can go from being a cashpoint to a pickpocket overnight." He is referring, if you keep up with the minutiae of these events, to… → Read More
John McDonnell offers 'less-austere alternative' to balance Britain's books
The UK owes a lot of money: over one and a half trillion pounds (or ￡1,593,225,455,234.00 when I last looked). And we’re adding to it by the day as the government borrows more and more. → Read More
Tonight
Get all the latest, breaking Tonight news on ITV News. Videos, stories and updates → Read More
Are we a nation of shirkers or workers?
Read Are we a nation of shirkers or workers? latest on ITV News. All the Business news → Read More
Has George Osborne made a bad bet on China?
Has the chancellor made a rare miscalculation? George Osborne has made it one of the key policies of his time as chancellor: get in with China. He and the prime minister have spent a lot of time and effort cultivating relations with the second largest economy in the world in an effort to win investment from China and to encourage our exports the other way. Many years of hard work culminated last… → Read More
Interest rates are unlikely to move anytime soon
Read Interest rates are unlikely to move anytime soon latest on ITV News. All the Business, Consumer, Economy news → Read More
George Osborne's speech in Wales is a defence of his austerity project
Read George Osborne's speech in Wales is a defence of his austerity project latest on ITV News. All the Politics news → Read More
China's market rout makes for 'interesting times' on global markets
My Reuters screen is lit up in red. That means bad news for investors - 98 of the top 100 companies listed on the London market have lost money today. → Read More
Rates only likely to rise when wages pick up again
“There has not been much news” whispers the Bank of England in the latest minutes of the Monetary Policy Committee. You don’t say. For the umpteenth month in a row (I’ve stopped counting, it was beginning to seem rude) the policymakers have decided to keep interest rates at 0.5 per cent. To be fair, this isn’t a surprise: none of the economists polled in recent days by Reuters expected there to… → Read More
British banks are safer than they used to be
The Bank of England has warned lenders that it will introduce a new requirement from next March forcing them to set aside more cash when the going is good, to use whenever the next crisis strikes and their loans go bad. Ultimately, it could mean up to £10 billion being put away for a rainy day. → Read More
George Osborne has achieved the savings he wanted
George Osborne is the master of presentation. He manages expectations one way and then, with a flourish, presents a policy surprise in quite another direction altogether. Yesterday’s Autumn Statement and Spending Review was a textbook example as the “Austerity Chancellor” suddenly appeared to soften his stance as he cancelled the planned cuts to tax credits. But just minutes after he sat down,… → Read More
Spending Review: Autumn Statement gives Chancellor Osborne breathing space
So how did he do it? The 'Austerity Chancellor' managed to present his spending plans for the next five years in a speech that was peppered with giveaways instead of cuts. Yet cuts there will be - the state will shrink from 40% of national income today to 36.5% by 2021. Yet how? → Read More
Can the banks win back public trust after the crash of 2008?
A bout of introspection is a rare phenomenon amongst the powerful. It's even more unusual for that to be done in public. And for a central bank, usually the most closed of institutions, to do so is genuinely unprecedented - which is why today's Open Forum organised by the Bank of England made a lot of people sit up and take note. → Read More
Bank of England keeps interest rates at 0.5% and signals they may not rise until first half of 2017
A student of the Bank of England’s thinking needs to come equipped with a magnifying glass. Changes in how policymakers think in their latest economic forecasts published today are ‘subtle’ to say the least. → Read More
Poll: 56% don't want housebuilding on green belt land
Just over half of Britons disagree that that more homes should be built on green belt land, even if it meant lower house prices, according to an ITV News/Com Res poll. → Read More
Chancellor announces private pensions revolution
All tax restrictions on pensioners' access to their pension pots will be removed, ending the requirement to buy an annuity. Pension providers and insurers have seen their share prices fall by as much as 12% after George Osborne's announcement. → Read More
Unemployment falls to 7.1%, close to key rate
Unemployment fell by 167,000 between September and November to 2.32 million, a rate of 7.1%, official figures showed. It is close to the 7% figure at which the Bank of England has said it will consider raising interest rates. → Read More
Osborne to target benefits for young in 'year of hard truths'
Benefits for young people will be targeted by the Tories as they seek to cut another £25 billion off public spending, George Osborne has indicated as he warns of a 'year of hard truths' in continued austerity push. → Read More
Unemployment down by 48,000 - ITV News
Read Unemployment down by 48,000 latest on ITV News. All the Wednesday 13th November 2013 news → Read More
European Central Bank cuts interest rates to new record low - ITV News
Read European Central Bank cuts interest rates to new record low latest on ITV News. All the Business, World news → Read More