economic plan b
Economic output down in three months to March
Economic output declined by 0.1 per cent in December, January and February, suggesting an economy that continued to flat-line in the first two months of this year, according to the latest data from NIESR.
Debt has become a convenient cover for ideological cuts
We must be watchful of a spinning of facts by this government to justify its policies. Nowhere has this been more apparent than when Cameron and co talk about government borrowing.
Vince Cable’s New Statesman article makes plain the need for a new economic strategy
Against the backdrop of the loss of the triple-A rating much coveted by Conservative Ministers - and trivialised by others - Cable is right again. Wednesday's remarkable New Statesman article makes plain the case for a new economic strategy, and the need for as elegant as possible a reversal of Osbornomics that was itself eclipsed by Cable in the economic debates of 2010.
Britain will be left behind if it doesn’t support the financial transaction tax
It's time Britain joined the other major economies of Europe in introducing the Financial Transactions Tax to help pay down the deficit. The other option is to continue to cripple its poorest citizens.
David Cameron is being totally disingenuous on food banks
Yesterday during Prime Minister's Questions, David Cameron responded to a question on food banks by claiming that the use of food banks increased "ten times under Labour". When Cameron says this he is factually correct. He is being totally disingenuous, however.
Cable turns on coalition’s economic strategy
In an article in the New Statesman Vince Cable has conceded that debt-funded investment in infrastructure “may assist in reviving growth”.