Attempting to put in place an economic system without a fully-functioning central bank or convincing currency arrangements to underpin it, or without the knowledge of whether such a system would be compatible with admission to the EU or not, is like a ship setting sail for voyage without the security of its sheet anchor.
UK construction sector had its worst month in February since October 2009, according to new data from Markit/CIPS. New work has fallen for the ninth consecutive month, the report says, and February data pointed toward a sharper slide, with the seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index – which measures overall output in the [...]
Real earnings have declined since 2009 and are at the same level as 2002.
If the coalition is to meet its spending targets it will have to make further cuts to departmental budgets.
The IFS produced a new report today examining why British workers are getting less productive.
Following Friday’s poor growth figures, Ed Miliband went after David Cameron on his failing economic record at today’s Prime Minister’s Questions.
OBR figures show Nick Clegg was wrong to claim Labour would have cut capital investment at the same rate as the government.
Chancellor George Osborne is the ultimate political swindler, taking credit for when the GDP figures are good, not taking the blame when they’re bad.
John Stewart, chair of AirportWatch, writes about the potential electoral consequences of Boris Johnson’s lust for more airports and runways in the South East.
With today’s GDP figures confirming this is the longest depression in modern UK history, IPPR’s Spencer Thompson asks why the economy is still creating jobs.