UK set for among slowest growth in EU
New research by the European Commission shows that only Greece, Italy, Portugal and Cyprus will grow more slowly than the UK in 2011, reports Will Straw.
economy
New report dubs Osborne’s economic strategy a “myth”
A new report says the government’s central message that reducing the budget deficit and debt levels will enhance economic growth is a “myth”, reports Ed Jacobs.
Australia’s climate change legislation passes the final test in the Senate
Will Fitzgibbon writes about Australia’s carbon tax passing its final legislative hurdle.
“Underlying picture remains weak”, “paltry”, “bumping along the bottom” – growth reaction
Shamik Das rounds up the reaction to this morning’s growth figures.
Ignore Osborne’s spin; a jobs recession is inevitable
With the outlook for output growth deteriorating, it is hard to see how the UK can avoid falls in employment in the third and fourth quarters of 2010 – a jobs recession.
Fast spending cuts push economy from fastest quarterly growth for a decade towards zero
Today’s growth figures are the latest evidence the coalition’s rapid spending cuts have pushed the UK economy from the fastest growth for a decade towards zero.
Unprecedented growth of 1.3 per cent needed for OBR to meet its projection
Will Straw details what to expect from tomorrow’s OBR figures on growth, why they’re likely to be lower than predicted, and how that affects Osborne’s plans to continue his austerity programme.
With Plan B, we can have a good economy for a good society
One year on from the Emergency Budget and the Spending Review, it is becoming abundantly clear the coalition government’s austerity plan – Plan A – isn’t working.
Why the latest euro deal won’t work
Give the eurozone countries a few hours or days, and we’ll find them in a grimmer mood as reality sets in – just like after the July 21st package, writes George Irvin.
High pay damages our economy
One Society’s Duncan Exley argues high executive pay damages the performance of the economy, and the businesses which themselves award the pay.