Economist Richard Murphy explains how quantitative easing really works, and how it benefits the banks and not the people of Greater Manchester struggling with the cost-of-living crisis.
The government would rather people starve or be homeless than create new money
Households across Greater Manchester are struggling to pay their bills due to the cost-of-living crisis.
Economist Richard Murphy argues the failure to help households in this crisis is a political decision, rather than an economic necessity.
Covid-19: April unemployment rates indicate Manchester has been hit hard
Manchester ranks high on unemployment created by Covid-19 in April 2020. Northern cities and towns have taken the biggest hit economically during the pandemic, exacerbating the already substantial north-south divide. Unemployment, caused by Covid-19, has hit Manchester and nine other northern cities the hardest according to a regional analysis by the Centre for Cities. Using […]