Celebrating today’s GDP figures as a victory for the chancellor would be a like praising the punctuality of the chauffeur who arrives at his destination three hours late.
Category Archives: Sustainable Economy
UK GDP grew by 0.8 per cent in the second quarter of 2014, according to the latest quarterly national accounts from the Office for National Statistics (ONS).
Blair was right, Labour does need to move out of its ‘comfort zone’ – the comfort zone of refusing to discuss inequality.
Using a statistical sleight of hand, the government is trying to disguise the full horror of what’s happening to public sector pay.
The average pay of a FTSE 100 CEO has rocketed from around £1 million a year in the late 1990s to closer to £5 million today.
Good unemployment figures but stagnant pay have been the story about each month’s jobs figures for a year now.
Unemployment decreased by 121,000 in the three months to May 2014 to 2.12 million, with the unemployment rate now at 6.5 per cent, today’s labour market statistics reveal.