When the share of wages in national income decreases, consumption decreases.
Tag Archives: Growth
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.
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).
Growth slowed in some industries between April and June, warns the British Chambers of Commerce (BCC).
Miliband’s challenge will be persuading people that government can make a difference without simply throwing money at things.
Recovery alone will not restore lost ground facing low-earning parents – the parties need to ensure the worst off feel the benefit of growth.
A review of manufacturing commissioned by Labour says the UK needs to avoid damaging economic short-termism.
Without reference to how Labour intends to bring about good growth there is little point talking about training.
On hearing that Britain is ‘returning to growth’, many if not most people will probably ask ‘recovery? what recovery?’ writes James Bloodworth.
UK GDP grew by 0.8 per cent in the first quarter of 2014, according to the latest quarterly national accounts from the Office for National Statistics (ONS).