Greater fiscal freedom would allow the mayor to champion properly the interests of hard-pressed commuters and be held accountable for delivery.
New research reveals that over half of new businesses used personal credit cards to get off the ground - as lending to new SMEs tumbles by £400 million in a single month.
I want to imagine that independence could be a success - but grubby, difficult questions about money, jobs and services are not going away.
After Danny Alexander admitted to underspending on infrastructure over several decades, just how much do they expect to spend?
A monetary union without fiscal union, combined with the aftermath of a credit splurge and then vicious retrenchment, was always going to create austere conditions and unemployment - the end of which is deflation.
Last Wednesday’s FOMC statement was a classic of the genre, but it won't stop the New Year’s renewed debate over government funding and the debt ceiling from hovering into view.
Unless we can reverse this financialisation and create a healthier basis for growth, the prospects for working people look grim.
is it “short changing” tax payers?
"Technology and business" in the fast stream.
What does it involve?
In whipping itself into a frenzy over Miliband’s plan to freeze energy prices, the right has turned a blind eye to mounting revulsion over private firms.
Will current account deficits across Asia, should we worry about contagion to weak peripheral Eurozone countries?
According to Cameron,"fracking is safe."
Norman Rose on the Tesco immigration scandal.
The Bank of England's Monetary Policy Committee has announced that they will adopt "forward guidance" - a move which could prove psychologically self-defeating, or worse financially ruinous.
Enterprise zones and beyond: good roads, high speed broadband and functioning transport hubs are essential to ensure prosperity for all.
Is it really the solution?
And what that means for the markets in Italy and Spain.
It's no longer enough to think of history moving in series of events. Thanks to the Great Uncertainty, we now have to look at the moments when time breaks down.
Information isn't enough, writes Carl Packman. Financial institutions need to know about their obligations.
The truth is that migrants contribute far more in taxes than they receive in benefits and services.
The wage subsidy scheme that Clegg promised would create 160,000 jobs delivered just 2.6% of that total in its first year.
G20 finance ministers make an announcement.
It is no longer unthinkable that one or both of Labour and the Lib Dems could go into the next election pledging to scrap the project.
The government announces more regulation business won't like.
The company doesn't have anything to do with UK donor blood.
It's precisely the wrong moment for central bankers to say they’re unimpressed.
Felix Martin's "Real Money" column.