Economic update – November 2012: Good news for Osborne ahead of autumn statement
IPPR’s Amna Silim presents the latest Left Foot Forward economic update, for November 2012.
economy
GDP growth masks fall in wages and impact on union rights
Tentative GDP figures draws our attention to the fall in wages and its impact upon union rights, writes Tony Burke.
The economic puzzle: The stats may be good but the grim jobs news keeps coming
The headline stats – on GDP and on unemployment – are, on the face of it, good news for the economy and the government – yet the grim news keeps rolling in.
A land value tax should be at the heart of London’s economic recovery
Jenny Jones AM, leader of the Green Party on the London Assembly, argues the case for a land value tax to be at the heart of London’s economic recovery.
We’re out of recession – but it’s too early to pop the champagne corks
The UK is out of the double-dip recession, which is good news – but it’s far too early to for the government to think we’re out of the woods.
‘Special factors’ help GDP grow 1% in Q3 2012 and end double dip recession
Following three quarters of contraction, UK GDP grew 1% in the third quarter of 2012, taking the country out of the double-dip recession – thanks to the Olympic boost.
Salmond’s new separation strategy: Abandon the positive and pray for a Tory revival
Alex Salmond’s new separation strategy is to abandon the positive and pray for a Tory revival, writes shadow Scotland Office minister Willie Bain.
GDP figures: It’s not just about growth per se but the type of growth
A return to growth is by itself not sufficient; of equal concern is the type of growth the economy is generating.
Jobs stats no cause for celebration – things could, and should, be an awful lot better
Today’s labour market stats are no cause for celebration – things could be, and should be, an awful lot better.
Unemployment down 50,000 to 2.53 million; employment up to nearly 30 million
Unemployment is down 50,000 to 2.53 million, with employment up to nearly 30 million, reports Shamik Das.