Tag Archives: recession

No more blaming the eurozone: largest fall in exports is to non-EU countries

So much for the recession being made in the Eurozone. The latest figures from the Office for National Statistics (ONS) show that net trade is down and the largest fall in exports is to non-EU countries.

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Economic output down in three months to March

Economic output declined by 0.1 per cent in December, January and February, suggesting an economy that continued to flat-line in the first two months of this year, according to the latest data from NIESR.

Posted in Sustainable Economy | Also tagged , | 14 Responses

Osborne under increasing pressure to move to the right

The chancellor George Osborne is coming under increasing pressure from tory back benchers and the governor of the bank of England to pursue a more right wing agenda.

Posted in Sustainable Economy | Also tagged , , , | 3 Responses

Earnings now at same level as 2002 for squeezed middle

Real earnings have declined since 2009 and are at the same level as 2002.

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

This depression is the longest in modern history, so why is the economy still creating jobs?

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.

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The economic puzzle: The stats may be good but the grim jobs news keeps coming

The headline stats – on GDP and on unemployment – are, on the face of it, good news for the economy and the government – yet the grim news keeps rolling in.

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We’re out of recession – but it’s too early to pop the champagne corks

The UK is out of the double-dip recession, which is good news – but it’s far too early to for the government to think we’re out of the woods.

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‘Special factors’ help GDP grow 1% in Q3 2012 and end double dip recession

Following three quarters of contraction, UK GDP grew 1% in the third quarter of 2012, taking the country out of the double-dip recession – thanks to the Olympic boost.

Posted in Sustainable Economy | Also tagged , , , | 5 Responses

NIESR: Economy grew 0.8% in Q3 – but underlying picture remains weak

NIESR’s latest monthly estimates of GDP show the UK economy emerging from recession in Q3 2012 – up 0.8%; the underlying rate of growth, however, is weaker.

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Spanish Treasury broke? Not when it comes to arms…

With deep austerity in place in Spain hitting workers, hospitals and school hardest is it really fair €1.7 billion has been loaned to the Ministry of Defence?

Posted in Multilateral Foreign Policy | Also tagged , , , | 14 Responses