US economy grows as UK economy shrinks
As the UK economy descends into a double-dip recession, new figures today show the US economy continuing to grow, albeit it at a slower rate, writes Shamik Das.
Green Politics
Vince Cable’s efforts to moderate executive pay under attack
Opposition to the Business Secretary’s plans is misguided – the interests of business and the interests of executives are not always the same thing.
Krugman: “Keynesians have been completely right, Austerians utterly wrong”
“The results are in: Keynesians have been completely right, Austerians utterly wrong – at vast human cost” – so wrote Nobel laureate Paul Krugman today.
Cameron’s downgrading of environment policy bodes ill for the future
As the economy goes back into recession, David Cameron has downgraded an appearance at the Clean Energy Ministerial Conference from a keynote to ‘remarks’.
Osborne’s ideology-driven economics have failed: We’re all paying the price
The double dip recession is a result of George Osborne’s ideological agenda and rejection of stimulus economics, writes Cormac Hollingsworth.
UK double-dips for first time in 37 years; Balls: Government’s economic credibility “in tatters”
The opposition, press and economists turned on the government today for the UK’s descent into a double-dip recession for the first time since the mid-seventies.
OBR get growth projection wrong (again)
The OBR has got its growth projection wrong again. Last month they predicted growth this quarter of 0.3 per cent. Today’s figures show they are out by 0.5 percentage points.
Osborne’s expansionary fiscal contraction has failed
Following last month’s budget, the government’s reputation for economic competence has taken has taken another hit, writes IPPR Chief Economist Tony Dolphin.
Clean energy summit will expose more coalition divisions
Addressing a major clean energy summit this week, David Cameron has the opportunity to break his silence and rediscover his old enthusiasm for green politics.
Osborne’s ‘granny tax’: Robbing pensioners to pay the one per cent
Shadow Chief Secretary to the Treasury Rachel Reeves explains just how regressive George Osborne’s ‘granny tax’ is.