
Corporation tax – devolution too far?
The FT has once again ignited the debate over whether Northern Ireland, and also Scotland, should be given the powers needed to lower corporation tax.

The FT has once again ignited the debate over whether Northern Ireland, and also Scotland, should be given the powers needed to lower corporation tax.

It will take just 660,000 further job losses to bring the UK to 10% unemployment; we are much closer to the ‘1 in 10’ unemployment disaster than you might think.

Enterprise zones may – yet again – prove an expensive, short-term and inefficient system of business support, writes Left Foot Forward’s Kevin Meagher.

Britain is growing at the weakest rate of competitor nations. Only Japan in the G7 and Portugal in the EU are growing more slowly.

The UK is less well-positioned than France or Germany to take advantage of two key changes to the world economy – the effects of technological innovation, and the rise of Brazil, Russia, India and China.

Conservatives face a dramatic drubbing in Midlands marginals at the next election due to the handling of the Thameslink rolling stock contract which Derby manufacturers Bombadier was competing for.

Most of the rest of the North and Midlands suffer higher than average unemployment rates, adding to a picture of a seriously unbalanced economy.

Today, US 10-year government bond yields traded below a critical 2% yield level, a record low – the west has entered a period of stagnation.

Fraser Nelson claims 154% of new jobs over the last year went to foreigners. He is massaging new stats to fit an old and discredited argument.

From numbers of involuntary part-time workers to vacancies per jobseeker, the job market is now clearly stagnating.