Dismal growth figures leave many parts of Britain languishing in the deep freeze
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.
economy
Low growth implications for living standards particularly bleak
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.
Growth in 2011 set to be less than half OBR’s original prediction
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.
Crisis caused by Cable’s “right-wing US nutters” is welcomed by Tory backbenches
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.
Eurozone summit a small step forward but fundamental problems remain
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.
Jobs and growth figures from Wales and Scotland deepen the gloom
The latest employment figures show Wales has been the worst hit by the recession, while growth in Scotland is stagnating, reports Ed Jacobs.
Borrowing figures make grim reading for Osborne
George Osborne’s lack of a growth strategy could easily undermine his deficit reduction plans, writes Duncan Weldon.
What role do we want VAT to pay in our tax system?
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.
The bad news in yesterday’s employment stats (and it’s not about migration)
The claim that migrants are disproportionately accessing jobs in Britain compared to workers of UK nationality is based on a simple misreading of the statistics.
Are the employment figures about to get worse?
The headline employment and unemployment figures may be about to take a turn for the worse, writes Richard Exell, Senior Policy Officer at the TUC.