The £150 million hole in Osborne’s Virgin/Northern Rock deal
George Osborne didn’t sell Northern Rock at 80% of book value, but at 66% of book value, reports Cormac Hollingsworth.
George Osborne
Northern Rock sale shows Osborne’s failure of ambition on real bank reform
The Tories’ and Lib Dems’ warm words on co-operatives are hollow; the resurrection of Northern Rock’s failed ownership model underlines that point.
Osborne set to borrow billions more than Darling was projected to
The city now predicts that Osborne will borrow far more than the OBR predicted Alistair Darling would have. It’s time for a radical change.
No, Gideon, low gilt yields aren’t good news, and here’s why
Are low bond yields good news? Not really: Cormac Hollingsworth explains that, although they can be a representation of belief in a government’s ability to pay back debt, in this case they merely represent the dearth of alternative investment options.
OECD: The economic indications are not good for Gideon
Alex Hern runs through the latest economic indicators, and what they mean for future growth – they are not good for George Osborne.
How the bond markets shackled European democracy
The bond markets are now riding roughshod over democracy in Europe, dictating policy – and personnel, writes George Irvin.
Osborne has put Britain in an economic death spiral: Here’s how to break out
Shadow minister Willie Bain MP presents a four step plan to bring Britain out of the economic death spiral we are in.
Osborne’s refusal to increase demand leaves young unemployed without hope
The public sector is cutting jobs, the private sector is scaling back recruitment and most of the government’s apprenticeships are being taken up by older people.
Economic Update – November 2011
Tony Dolphin does his monthly run through the economic indicators and what they mean for the British economy
Osborne’s cuts having “damaging effect” on Northern Ireland peace process
Kevin Meagher reports on the effects of the coalition’s cuts on the Northern Ireland peace process, which Martin McGuinness says are having a “damaging effect”.