Umunna’s arguments expose the ideological divisions in the coalition
Chuka Umunna’s speech today on a ‘One Nation’ active industrial policy – in which he praised Michael Hesletine – exposes ideological divisions in the coalition.
Green Politics
Institutionalised prejudice against co-ops will delay economic recovery
Institutionalised prejudice against co-ops by organisations like the Financial Services Authority will delay the economic recovery, writes Cormac Hollingsworth.
Encouraging news on jobs, but far too early to call a labour market recovery
This month’s REC/KPMG Report on Jobs makes for moderately hopeful reading, but it is still far too early to call a labour market recovery, writes Richard Exell.
Osborne’s solution to unemployment? Make it easier to unemploy people
George Osborne reignited his war on working people last night by urging company bosses to lobby the government – ie. him – to make it easier to sack staff.
Cable: Coalition lacks “a compelling vision of where the country is heading”
Business secretary Vince Cable has accused the government of lacking “a compelling vision of where the country is heading beyond sorting out the fiscal mess”.
All the signs are there for another credit crunch
the threads of forbearance and liquidity holding up the balance sheets of the private banking system are growing perilously thin, writes Ann Pettifor.
Northern Rock and Bradford & Bingley: Labour’s gift that keeps on giving?
Cormac Hollingsworth reveals the enormous sums made from the nationalisation of Bradford and Bingley and Northern Rock, and asks what it’s being used for.
Revealed: The vulture capitalists willing to destroy a nation for a good return
Nick Dearden reveals the vulture funds that are willing to bring Argentina back to the brink for a return on their ‘investment’.
Alec Baldwin, not Michael Douglas, will improve corporate ethics
Cormac Hollingsworth looks at the City’s idols; for all that Wall Street is known in the real world, Glengarry Glen Ross is the real star piece.
Memo to 50p tax trashers, #2: The effective tax rate is hardly ever 58p
Alex Hern further questions the letter to the Telegraph supporting the scrapping of the 50p tax rate.