Tory Right’s “deregulation zealots” threatening UK’s green growth
The people dubbed “deregulation zealots” and “right wing ideologues” by energy secretary Chris Huhne have seemingly won another battle inside government.
The people dubbed “deregulation zealots” and “right wing ideologues” by energy secretary Chris Huhne have seemingly won another battle inside government.
The head of the Institute of Directors in Wales says that though we’re not back in recession, with the dismal growth we’ve seen “it might feel as though we are”.
Three consecutive quarters of negligible growth has left the economy as a whole flatlining; however, some parts of the country are left suffering more than others.
In the aftermath of such a deep fall in output the implications of today’s growth figures for real trends in living standards are particularly bleak.
This morning’s growth figures show that the economy grew by just 0.2% in the Q2. Given that the economy flat-lined since September, it means growth has been anaemic for the last nine months.
Vince Cable may lash out at the debt ceiling “nutters” in the US, but their fellow adherents to ideological purity on the Tory backbenches are out in force.
Those hoping the eurozone’s sovereign debt crisis would finally be resolved today will be disappointed, reports Left Foot Forward’s Ben Fox from Brussels.
The latest employment figures show Wales has been the worst hit by the recession, while growth in Scotland is stagnating, reports Ed Jacobs.
George Osborne’s lack of a growth strategy could easily undermine his deficit reduction plans, writes Duncan Weldon.
James Plunkett, secretary to the Resolution Foundation’s Commission on Living Standards, writes of the need for a debate on the role of VAT in the tax system.