Latest borrowing data offer only a small crumb of comfort for the chancellor
Tony Dolphin examines the small amount of comfort which George Osborne can take from the recent borrowing figures.
Tony Dolphin examines the small amount of comfort which George Osborne can take from the recent borrowing figures.
Ed Jacobs gives a moving analysis of the fragmentation of UK society caused by growing inequality as a result of government economic and social policy.
Tony Dolphin looks at today's Bank of England Inflation Report.
Following yesterday's growth figures, James Plunkett argues that just ‘waiting it out’ is unlikely to deliver a cure to the sluggishness of the British economy.
If banks operated in public interest, there would be no need for a ‘Big Society Bank', argues Ruth Potts of the new economics foundation.
In his opening remarks at the press conference to launch the report, Mervyn King, the Bank’s Governor, highlighted how these uncertainties mean that inflation could turn out higher than forecast (for example if commodity prices continue to increase at a rapid pace or if inflation expectations rise) or lower than forecast (if wage increases remain low and import price inflation fades).