UK’s public debt is about to exceed that of the US for the first time
The USA is about to have a lower public debt than the UK, for the first time; Cormac Hollingsworth looks at why that may have happened.
Green Politics
We must stand with shareholders that want a better economy
Cormac Hollingsworth details how shareholders of big business can be the left’s greatest ally when it comes to promoting responsible capitalism
The IFS is feeding the trolls what they want to hear on pensions
Nigel Stanley assess the IFS’ green budget report, and finds that they are understating the effect of pension changes.
Krugman savages the “austerity debacle”
Paul Krugman has attacked the “austerity debacle” taking place in Britain, pointing out the UK is “nowhere close” to regaining ground lost during the recession.
The markets don’t care about Hester’s bonus
Alex Hern counters Guido Fawke’s spin that stopping Hester’s bonus cost the taxpayer £320 million.
US grew almost twice as fast as UK in 2011
The US economy grew by 1.7% in 2011 compared to 0.9% in the UK – almost twice as fast. The new figures put to bed Treasury spin that the two economies were on the same course.
Mandelson weighs in behind National Investment Bank
Alex Hern reports on the support Lord Mandelson has given to the idea of a national investment bank, as called for by a new IPPR pamphlet
Government gold-plates private pensions while cutting public ones
Cormac Hollingsworth reveals the government’s two-faced attitude to pensions; gold-plate the private sector ones, while cutting those of the public sector.
Legal loan sharks are licking their lips as the social fund is scrapped
Pete Jefferys of the Co-op party explains why the scrapping of the social fund – is playing into the hands of the legal loan sharks like Wonga and Oakam.
European Socialists present their action plan on youth unemployment
Alex Hern highlights the European Socialists’ demands for a pan-European measure to deal with youth unemployment, which costs €16 billion to the UK each year.