Stories tagged with "alistair darling"

A State of Emergency

Posted by Euan Mearns on June 25, 2008 - 8:55am in The Oil Drum: Europe
Topic: Policy/Politics
Tags: alistair darling, balance of trade, bank of england, gordon brown, mervyn king, original, peak gas, peak oil, united kingdom [list all tags]



Click all charts to enlarge, without call out.

This BERR assessment (960 kb pdf, 58 slides) of oil and gas production on the UK continental shelf arrived in my mail box last week. It is one of the best summaries I've seen and should be read by all with an interest in the future of UK and European energy security. The chart above is based upon the BERR forecast for UK oil and gas production. It is time for Alistair Darling and Mervyn King to explain to the British people why they see current problems with energy prices and associated inflation as a transient blip when the UK seems to be in a terminal dive towards insolvency.
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UK Inflation: the only way is up, baby

Posted by Chris Vernon on June 18, 2008 - 9:00am in The Oil Drum: Europe
Topic: Economics/Finance
Tags: alistair darling, inflation, interest rates, mervyn king, trade deficit, united kingdom [list all tags]

With Consumer Prices Index (CPI) rising to 3.3% (year on year to May-08), the fastest rate of increase in over a decade, the Governor of the Bank of England has written to the Chancellor to explain.


Open letter from Mervyn King governor of the Bank of England to Alistair Darling, Chancellor of the Exchequer. Click for full letter.
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