Tag Archives: Debt

Has the deficit really gone down?

As Ed Conway has noticed, if you exclude the effects of either Northern Rock asset reclassification or the profits of the SLS from today’s public sector borrowing figures, the deficit was actually higher this year than last.

Posted in Sustainable Economy | Also tagged , , | 1 Response

Osborne dodges a bullet but debt continues to rise

Economic data is coming thick and fast. Sandwiched between last week’s poor unemployment data and Thursday’s forthcoming results for GDP in the first quarter of the year, public finance figures were published today. They show that George Osborne has dodged a bullet.

Posted in Sustainable Economy | Also tagged , , | 1 Response

When economists are wrong we all suffer. And we now know the debt obsession is wholly misplaced

It was argued by Reinhart- Rogoff that high debt essentially meant that the state captured all resources, used them inefficiently, prevented the private sector using them and so curtailed growth at cost to everyone. There’s just one problem.

Posted in Sustainable Economy | Also tagged , , | 2 Responses

Private sector competition had ‘negative effect’ on NHS productivity

Private sector competition in the NHS has had a “small but significant” negative impact on productivity, with NHS Trusts in areas where there is a monopoly performing better than those where there is greater private sector competition, according to a report out today.

Posted in Public Services for All | Also tagged , , | 3 Responses

Payday lenders aggressively targeting university students

Payday lenders have started aggressively targeting university students who are struggling with student loans. It’s time the government recognised this and took radical action to clamp down on unscrupulous lenders.

Posted in Good Society | Also tagged , | 4 Responses

Cost of higher tuition fees system ‘six times higher’ than savings

The system of higher tuition fees introduced by the government with the aim of saving money is likely to cost more in the longer term, a new report has warned.

Posted in Good Society | Also tagged , , | 3 Responses

Watch: Miliband flays Cameron on the economy at PMQs

Following Friday’s poor growth figures, Ed Miliband went after David Cameron on his failing economic record at today’s Prime Minister’s Questions.

Posted in Left Foot Forward | Also tagged , , , , , , | 2 Responses

Reeves: Tories “may be attempting to deliberately mislead the public” over stats and government’s record

Shadow chief secretary Rachel Reeves says the Tories may be attempting to “deliberately mislead the public” about over statistics and the government’s record.

Posted in Clean Politics | Also tagged , , , | 15 Responses

Shocking economic illiteracy from the Telegraph

  In a grandiose editorial proclaiming Labour “cannot be trusted to rebuild Britain”, the Telegraph this morning showed that it cannot be trusted to tell the truth on the economy. Today’s leader column ranted: The slogan for this week’s Labour conference in Manchester is “Rebuilding Britain”. Is this supposed to be a joke? After all, [...]

Posted in Media Integrity | Also tagged , | 7 Responses

Risk of 23-year slump as Cameron now forecast to borrow double what Brown was

David Cameron and George Osborne are set to borrow double the figure Gordon Brown and Alistair Darling were projected to.

Posted in Sustainable Economy | Also tagged , , , , , | 10 Responses