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The Knimbies who say No

Newsnight Economics Reporter

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From Guido.

http://order-order.com/2014/03/14/newsnight-hire-pro-labour-tuc-wonk-as-economics-editor/

BBC Newsnight has appointed a new Economics reporter following Steph Flanders' departure.

Duncan Weldon now fills the role, having stood as a Labour candidate in 2010, as well as being Harman's economic adviser and a TUC bod.

Might be of interest to those who watch the telly.

EDIT I've edited the thread title as I erroneously described Weldon as the political editor, apologies for confusion.

Edited by The Knimbies who say no

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From what I recall, he is sensitive to the problems of the younger generations and iirc broadly HPC.

(I have him on my list of closet hpcers)

Just read this by him, a month before he got the Newsnight gig.

Seems about right to me, for what I see as banks deleveraging risk onto others whilst improving their own situation, for future lending on lower asset prices.

What credit boom? Bank lending & the recovery
27 Feb 2014, by Duncan Weldon in Economics

As the Bank of England have acknowledged, the current recovery has been associated with a decline in the household savings ratio (the percentage of their income that households save in aggregate).

in full at cached: http://webcache.googleusercontent.com/search?q=cache:lheEdIg9EisJ:touchstoneblog.org.uk/2014/02/what-credit-boom-bank-lending-the-recovery/+&cd=44&hl=en&ct=clnk&gl=uk

Good to read against BoE's (April 2014) Trends in Lending. [PDF]http://www.bankofengland.co.uk/publications/Documents/other/monetary/trendsapril14.pdf

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