IMF backs Osborne – but warns of risks ahead
The International Monetary Fund today gave its backing to George Osborne’s public spending cuts and tax increases, and also highlighted the significant risks to growth and unemployment.
The International Monetary Fund today gave its backing to George Osborne’s public spending cuts and tax increases, and also highlighted the significant risks to growth and unemployment.
The gravest global economic crisis since the 1930s was clearly a crisis of the private sector – yet it is the public sector which is getting the blame and must be cut.
Leading City journalist Anthony Hilton has said the government needs to “move on from tough talk about cuts”, and concentrate on restoring economic growth.
Richard Exell takes a look at the latest job figures, which show some positive movement but also worrying signs for women and the over 50s.
Shadow chancellor Ed Balls, speaking at the Journalists’ Charity annual lunch today, said: “The global power of reporting these days can sometimes be bigger than the truth.”
Liberal Democrat party member, Dr Prateek Buch, gives his thoughts on a year in the coalition government and what the future holds for the party.
A new poll shows that the public remains sceptical of George Osborne’s economic strategy. Alistair Darling’s slower approach to deficit reduction is supported by 55% to 45%.
The ippr’s senior economist Tony Dolphin looks at the key economic indicators and reviews the state of the UK economy in his latest economic update for Left Foot Forward.
Tony Dolphin, ippr’s senior economist, reports on the latest retail sales data from the Office for National Statistics.
The Vickers Commission’s Interim Report on Banking is a huge missed opportunity; a betrayal, some might say, writes leading financial journalist Ann Pettifor.