EU area unemployment up 1.9 million in a year – as Spain’s jobless rate nears 25%
From April 2011 to April 2012, unemployment has risen across the European Union, with Spain’s jobless rate nearing one in four, reports Shamik Das.
economy
Now the EC warns Osborne: Deficit “projected to fall more slowly” due to weak growth
The European Commission today became the latest international body to issue a warning on the state of the UK economy, reports Shamik Das.
More than 70% of public want Osborne to U-turn on cuts and adopt a Plan B
George Osborne may have performed reverses on the “pasty tax” and “caravan tax” last night, but it’s on austerity the public really wants a U-turn.
Austerity Isn’t Working • Sparpolitik ist keine Lösung • L’austérité ne marche pas
Carlos Mulas, Executive Director of Fundacion IDEAS, tells the story of a new, pan-European campaign against ever more austerity.
New poll reveals the consensus behind austerity is shattering
Politics and public opinion across Europe changed decisively in May; before then the austerians dominated – but now, the tide has turned, writes Steve Hart.
Unravelling the Centre for Policy Studies voodoo economics bigging up small government
IPPR’s Tony Dolphin takes apart today’s Centre for Policy Studies report claiming lower taxes lead to higher economic growth.
Oxfam: Austerians guilty of “bad economics, bad arithmetic and ignoring the lessons of history”
A group of leading economists and social scientists have said austerians are guilty of “bad economics, bad arithmetic and ignoring the lessons of history”.
Treasury avoiding questions about Clegg’s ambitious investment plans
Nick Clegg says there will be a “massive” increase in housing and infrastructure investment – yet the Treasury refuses to say where the money is coming from.
IMF tells Britain: If your economy fails to recover, it’s time for plan B
The International Monetary Fund (IMF) have advised today that “planned fiscal adjustment” will be unavoidable if economic recovery fails to take off.
Wales leads the way on investment for growth
The Welsh Labour government today announced a series of measures designed to deliver growth and secure existing and new jobs, reports Ed Jacobs.