Gordon advised to give up on new fiscal stimuli
Jean-Claude Trichet, president of the European Central Bank, warned on Monday that governments should stop concocting new stimulus measures and just get on with the ones they’ve already announced. Read more
Will Lloyds retain majority private ownership?
You may not have noticed, but bank shares have more than doubled from their recent lows as sentiment warms – temporarily or otherwise – to the sector in the wake of government rescue plans on both sides of the Atlantic.
This has repercussions, not least for Lloyds; which is already 43 per cent owned by taxpayers. To participate in the British government’s insurance scheme that figure could rise to 63 per cent (or higher in economic terms). Read more
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Jim Pickard is the FT's chief political correspondent, having joined the lobby team in January 2008. He has been at the FT since 1999 as a regional correspondent, assistant UK news editor and property correspondent.
Kiran Stacey is an FT political correspondent, having joined the lobby in 2011. He started at the FT as a graduate trainee in 2008, working on desks including UK companies and US equity markets before taking over the FT's Energy Source blog.
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