Reeves: “We must ensure we pass the test of fiscal credibility”
Rachel Reeves will echo Ed Balls and Ed Miliband’s recent calls for “fiscal credibility” being key to Labour “earning people’s trust back” in a speech tomorrow.
economy
David Miliband is spot on in highlighting the structural roots of youth unemployment
David Miliband is right to draw attention to the youth unemployment emergency as one of the most pressing issues facing the UK, writes IPPR’s Tess Lanning.
Transparency, accountability, responsibility: Miliband’s “one nation banking” principles
Ed Miliband will lay out his plans for a new era of responsibility at the top and outline his vision of “one nation banking” in a speech to Reuters today.
Krugman savages the “austerity debacle”
Paul Krugman has attacked the “austerity debacle” taking place in Britain, pointing out the UK is “nowhere close” to regaining ground lost during the recession.
Mandelson weighs in behind National Investment Bank
Alex Hern reports on the support Lord Mandelson has given to the idea of a national investment bank, as called for by a new IPPR pamphlet
What’s right for Aberdeen isn’t for York; unemployment needs city-specific solutions
Paul Swinney of Centre for Cities presents the evidence to demonstrate why potential solutions to the unemployment problem must be focused at a city-wide level.
German lessons for the British economy
Tony Burke argues that the government has many lessons to learn from Germany, and presents a new report from the TUC which aims to do just that.
No turning back: Balls stays firm on cuts, pay, and the deficit
Ed Balls defended Labour’s new direction last night, insisting he would not make promises he couldn’t keep and could be trusted to make the big decisions.
Memo to Osborne: Jobs and growth will cut the deficit. Please listen
Cormac Hollingworth explains to George Osborne how rising unemployment and recession are increasing the deficit, and how jobs and growth will cut it. Simples.
The economy is crying out for more investment; we need a British Investment Bank
Will Straw pitches the idea of a British Investment Bank.