
Osborne’s optimism looking less and less plausible
Today’s dire GDP numbers show that the government’s reckless gamble with the economy risks plummeting the UK back in to recession, writes Rachel Reeves.

Today’s dire GDP numbers show that the government’s reckless gamble with the economy risks plummeting the UK back in to recession, writes Rachel Reeves.

Figures out today showed a contraction in the UK economy, shrinking 0.5 per cent in the fourth quarter of 2010, reports Shamik Das.

Last year, Centre for Cities reported that the recession had widened the gap between UK cities; today, they warn that the recovery might also play out unevenly.

The ‘euro-bond’ and has much to recommend it. It reduces the risk of defaulting because a country can’t service its debt and increases the chances of it getting its house in order.

Following Ed Balls’ appointment, the two coalition parties have been quick to point to Labour’s regulatory failures. But the consensus on light touch regulation came from all three parties.

New Shadow Chancellor Ed Balls tonight pledged to put employment and growth at the heart of Labour’s alternative plan for the economy, reports Shamik Das.

The Bank of England is right to focus on the future not the present, focusing on growth and employment, argues ippr’s Tony Dolphin.

Howard Reed reports on how the coalition’s cuts show that the poorest will be hit hardest – particularly single parents families and single pensioners.

New statistics this week confirm the United Kingdom is the world leader in the wind power sector with 1,342 megawatts (MW) installed, reports Chris Tarquini.

Tomorrow night sees the deadline for the first round of bidding to the new Regional Growth Fund, writes Kevin Meagher.