
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.

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.

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.

If the economy continues to stagnate, the coalition could borrow more than Labour this year, writes Cormac Hollingsworth.

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.