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.
economy
‘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.
Unions tell IMF and World Bank to halt destructive austerity policies
Last weeks IMF/World Bank meetings in Tokyo highlighted the fact the austerity measures being forced upon countries are not working, writes Tony Burke.
Balls and Coaker say an economic revival in Northern Ireland will be top of their agenda
Ed Balls and Vernon Coaker have committed the next Labour Government to putting an economic revival in Northern Ireland at the top of their agenda.
Cameron and Osborne should look to Northern Ireland for a lesson in job creation
Ed Jacobs reports on the Northern Ireland Executive’s demonstration of the power of government to create jobs and bring about social change.
NIESR: Economy grew 0.8% in Q3 – but underlying picture remains weak
NIESR’s latest monthly estimates of GDP show the UK economy emerging from recession in Q3 2012 – up 0.8%; the underlying rate of growth, however, is weaker.