Ed Milliband’s call for global action to kickstart economy backed up by IMF
Ed Miliband’s call for an emergency G20 summit in September is backed up by an important year-long project undertaken by the IMF, writes Cormac Hollingsworth.
economy
Sun and Mail debt scare story obscures the truth
Will Straw looks at today’s Sun and Mail scare stories about debt – and reveals the truth.
GDP figures confirm economy is stagnating
The second estimate of Q2 GDP growth released today confirms that the economy expanded by just 0.2 per cent, reports IPPR senior economist Tony Dolphin.
Higher borrowing than under Labour threatens credibility of UK plc.
While the coalition is pointing to not needing to borrow in July, the City now expects the coalition to borrow £10 billion more than the OBR prediction.
CBI survey shows glimmer of hope in UK manufacturing
The latest survey of manufacturing published yesterday by the CBI represents a glimmer of hope in the gloom, writes IPPR’s Tony Dolphin.
Corporation tax – devolution too far?
The FT has once again ignited the debate over whether Northern Ireland, and also Scotland, should be given the powers needed to lower corporation tax.
How likely is 10% unemployment?
It will take just 660,000 further job losses to bring the UK to 10% unemployment; we are much closer to the ‘1 in 10’ unemployment disaster than you might think.
Britain is bottom of the G7’s growth table
Britain is bottom of the G7’s growth league table. Excluding earthquake-hit Japan, Britain is growing more slowly than every other major developed economy.
Has the coalition lost the plot on growth?
Following the depressing growth figures, coalition big wigs have been keen to offer their hapoth’s worth to George Osborne with a series of bizarre ideas.
The coalition could end up borrowing more than Labour
If the economy continues to stagnate, the coalition could borrow more than Labour this year, writes Cormac Hollingsworth.