
Spending cuts and ‘Londonism’ mean graduates will head south
An army of soon to be unemployed northern graduates may end up heading for the south east to find work, given the impending loss of public sector jobs.

An army of soon to be unemployed northern graduates may end up heading for the south east to find work, given the impending loss of public sector jobs.

If today’s figures mark the start of a widely predicted increase in unemployment, more and more people could find themselves getting less and less help.

After the failure of Project Merlin to introduce any real and significant reform of the banking sector, the call for the government to break up the banks is growing louder.

As was widely expected, annual inflation increased again last month; there is, however, a big question over how accurately these figures capture the extent of the price increases in different households.

Total GDP growth in both the EU and the eurozone was 1.7% – sluggish but not entirely unexpected, compared to 3.2% growth in the US and a 0.5% contraction in the UK.

Quietly, almost imperceptibly, the ‘greenest Government ever’ is salami-slicing its green spending, reports Guy Shrubsole.

Left Foot Forward understands that via complicated, structural measures, the government is planning on green-lighting a multi-billion pound taxpayer giveaway to the nuclear industry.

After months of denial over the spending cuts on flood defences, the government has now revealed what most have known for a long time. Instead of the capital investment for flood defence spending for 2011/12 being, as David Cameron claimed, “roughly the same as what was spent over the past four years”, it has now been acknowledged by the government that funding would actually face an extraordinary 27 per cent cut.

The forests sell-off would be bad for public access, bad for woodland wildlife, and bad for the economy. As long as those laws are being pushed through, our forests are still in danger.

While praising the government’s decision to eliminate a fixed age of retirement, Martin Wolf is scathing on other aspects of the government’s growth strategy.