Ben Chu

Ben Chu is The Independent's Economics Editor. Previously he was the newspaper's chief leader writer.

i Newspaper
 
TheIPaper
The Independent around the web
‘Pragmatic’ reforms may not be enough for the tax campaigners who protested outside Barclays’ AGM

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?

Thomas Cook gets it, at last

Outlook The penny finally seems to have dropped for Thomas Cook, with Peter Fankhauser admitting his company treated badly the parents of two children who were killed by carbon monoxide poisoning on holiday in Corfu. Ironically, it was pennies that got the travel company into this mess in the first place: the firm was penny wise, pound foolish. The management was fixated on leaving no possibility of financial liability by even hinting at responsibility. But it failed to consider the financial impact of the reputational damage this strategy could bring. For Mr Fankhauser to say the company had “nothing to apologise for” at the inquest, because it had been cleared of criminal responsibility in the Greek courts, might have been legally correct – but it was a catastrophically callous tone to strike.

It's China, not currency, that matters to Burberry

Outlook The colossal power of Burberry’s brand in China was brought home to me a few years ago when my aunt visited from Guangzhou and hauled me off to an East London factory to rifle through racks of check-lined trenchcoats.

We should praise Ed Miliband's ideas on business, not bury them

Outlook Trust the banks to go and spoil things. The very day after Yvette Cooper tries to make amends with the business community by burying Ed Miliband’s infamous distinction between “predators and producers”, a parade of large banks is hit with fresh regulatory fines for rigging markets, thus reminding everyone that some corporate behaviour really can only be described as… well, predatory.

Greece bailout: IMF chief Christine Lagarde sees progress in talks with EU

The head of the International Monetary Fund, Christine Lagarde, has become the latest participant in the gruelling Greek economic stand-off to sound an optimistic note about the prospects of a resolution.

'We should not mistake this for damaging deflation,' the Chancellor has said

Government warned against 'complacency' after George Osborne claims UK's slip into deflation is 'good news'

The Consumer Price Index declined by 0.1 per cent in the year to April

Governor of the Bank of England Mark Carney speaks during the bank's inflation report news conference in London

Should we be worried about deflation?

There are good reasons to think it will be a temporary bout, but we are not home and dry yet, says <b>Ben Chu</b>

Banking executives are warning that the regulatory policies must be rolled out across the financial system, and not just imposed on commercial banks

Financial sector bosses warn of dangers in new regulations

The Bank of England’s Financial Policy Committee imposed specific measures to dampen Britain’s mortgage market last year

George Osborne sets summer budget date so Tories can keep 'election pledges'

Mr Osborne could unveil where £12bn in welfare cuts will fall

The Bank of England Governor wants to ‘dampen down’ the idea that migrant workers, such as these fruit-pickers in Surrey, are an economic problem

Are our foreign workers really holding down UK wages?

Claims have abounded this week that new migrants are to blame for weak pay growth in Britain in recent years - but the evidence suggests otherwise

Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Day In a Page

Greece debt crisis: EU 'family' needs to forgive rather than punish an impoverished state

EU 'family' needs to forgive rather than punish an impoverished state

An outbreak of malaria in Greece four years ago helps us understand the crisis, says Robert Fisk
Gaza, a year on from Operation Protective Edge: The traumatised kibbutz on Israel's front line, still recovering from last summer's war with Hamas

Gaza, a year on from Operation Protective Edge

The traumatised kibbutz on Israel's front line, still recovering from last summer's war with Hamas
How to survive electrical storms: What are the chances of being hit by lightning?

Heavy weather

What are the chances of being hit by lightning?
World Bodypainting Festival 2015: Bizarre and brilliant photos celebrate 'the body as art'

World Bodypainting Festival 2015

Bizarre and brilliant photos celebrate 'the body as art'
alt-j: A private jet, a Mercury Prize and Latitude headliners

Don't call us nerds

Craig Mclean meets alt-j - the math-folk act who are flying high
How to find gold: The Californian badlands, digging out crevasses and sifting sludge

How to find gold

Steve Boggan finds himself in the Californian badlands, digging out crevasses and sifting sludge
Singing accents: From Herman's Hermits and David Bowie to Alesha Dixon

Not born in the USA

Lay off Alesha Dixon: songs sound better in US accents, even our national anthem
10 best balsamic vinegars

10 best balsamic vinegars

Drizzle it over salad, enjoy it with ciabatta, marinate vegetables, or use it to add depth to a sauce - this versatile staple is a cook's best friend
Greece says 'No': A night of huge celebrations in Athens as voters decisively back Tsipras and his anti-austerity stance in historic referendum

Greece referendum

Greeks say 'No' to austerity and plunge Europe into crisis
Ten years after the 7/7 terror attacks, is Britain an altered state?

7/7 bombings anniversary

Ten years after the terror attacks, is Britain an altered state?
Beautiful evening dresses are some of the loveliest Donatella has created

Versace haute couture review

Beautiful evening dresses are some of the loveliest Donatella has ever created
No hope and no jobs, so Gaza's young risk their lives, climb the fence and run for it

No hope and no jobs in Gaza

So the young risk their lives and run for it
Fashion apps: Retailers roll together shopping and social networking for mobile customers

Fashion apps

Retailers roll together shopping and social networking for mobile customers
The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'