George Osborne
CO2 levels are about to hit their highest level in human history
In the next few days, and for the first time in human history, the concentration of CO2 in the atmosphere will hit 400 parts per million (ppm), a level long seen as critical in measuring the damage done to the earth by man-made pollution.
George Osborne fails on George Osborne’s terms
George Osborne fails on his own terms.
Has the deficit really gone down?
As Ed Conway has noticed, if you exclude the effects of either Northern Rock asset reclassification or the profits of the SLS from today's public sector borrowing figures, the deficit was actually higher this year than last.
Osborne dodges a bullet but debt continues to rise
Economic data is coming thick and fast. Sandwiched between last week’s poor unemployment data and Thursday’s forthcoming results for GDP in the first quarter of the year, public finance figures were published today. They show that George Osborne has dodged a bullet.
IMF calls on Osborne to ease up on austerity
The International Monetary Fund (IMF) has cut the UK's growth forecast more than any other major economy and called for the government to spend more to stimulate growth.
Economy to continue flatlining this year
The graph below, produce by Canadian-based bank Scotiabank, shows the evolving nature of GDP forecasts as applied to the UK economy. As we can see, this is the third consecutive year where the consensus for growth has started out at around 2 per cent before gradually being pushed down towards zero as time has passed.