All of a sudden, the debate around Scotland’s future has gained the kind of substance that many have been yearning for.
The UK is experiencing a slower economic recovery than 23 of the 33 advanced economies monitored by the International Monetary Fund (IMF) and is lagging behind all but one G7 country on exports, wage growth and manufacturing, according to new analysis published today by the TUC.
George Osborne fails on his own terms.
In many ways, the fate of SMEs (small and medium size businesses) has come to define the current economic crisis. Across the political divide there is widespread enthusiasm for supporting this sector because it holds the key not just to improved growth figures but a more balanced, resilient and dynamic capitalist economy.
It might seem unpopular to say it now but I once had hopes for Bitcoin.
Anarchists and libertarians may predictably have been excited about the potential of a currency that was neither linked to government or bank manipulation, but I liked the idea of it because P2P (peer to peer) has the prospect of making finance fairer from the bottom up.
Claims by the coalition government that the UK’s beleaguered manufacturing sector is beginning to show signs of recovery were dealt another blow this week by the reliable Markit/CIPS purchasing managers’ index (PMI), which showed that manufacturing contracted in the first quarter of 2013.
Four people are chasing every job in England, Scotland and Wales, and in some areas more than 10 jobseekers are chasing each vacancy, according to a new survey.
Some have expressed bemusement at my claim in an earlier post that the only genuine deficit reduction policies are those which stimulate private sector investment and/or reduce their savings. I should expand.
Figures published last week showed a shock contraction in manufacturing which rounded off another dire week for the UK economy and signalled yet more misery for ordinary working families at the hands of government austerity.