Academics question Salmond’s call for fiscal autonomy
A group of academics have challenged Alex Salmond’s assertion that granting the Scottish Government full economic powers would significantly boost the economy.
Green Politics
IFS: Richest to be hit hardest by tax changes in April
The respected economic think tank, the Institute of Fiscal Studies, have released a sneak preview of their annual ‘Green Budget’, to be launched on Wednesday. What we know so far is that the IFS are saying that tax changes to be brought in in April will cost the richest tenth of households typically 3 per cent of their income, compared to 1 per cent for the general population.
Poll: Majority believe economy will worsen over next 12 months
53 per cent of the public believe the economy will worsen over the course of the next year – with only a quarter confident it will improve, according a new poll.
UKFI bosses quizzed on Glass-Steagall and Northern Rock
Members of the Treasury select committee questioned UKFI bosses on possible banking sector reforms in Parliament today, reports Chris Tarquini.
King’s speech: Governor’s “bigger picture” isn’t big enough
Following yesterday’s growth figures, James Plunkett argues that just ‘waiting it out’ is unlikely to deliver a cure to the sluggishness of the British economy.
Recent graduates latest to be hit by jobs crisis
The proportion of university leavers out of work has nearly doubled since before the recession, an increase from 10.6 per cent to 18.5 per cent.
Osborne’s intellectual leap of faith
Today, The Times’ Anatole Kaletsky has a must read piece dismantling the similar theory of ‘Ricardian Equivalence’ … using Ricardo’s own words.
What an export-led recovery may mean for the world
In a downturn, export credits come to be seen as more important than ever, but ECGD needs radical reform if it’s to play any role in leading the UK out of recession.
Economists warn of risk of double dip following poor growth figures
Economists have warned of the increased likelihood of a double dip recession following the news that the British economy retracted by 0.5 per cent in Q4 2010.
Will Osborne be forced to rewrite his script?
The new economics foundation’s senior economist James Meadway delves into today’s GDP figures, and asks if the coalition will be forced to rewrite its script.