Economic update – March 2012: External events key to any recovery
IPPR chief economist Tony Dolphin presents his latest Left Foot Forward economic update, for March 2012.
Growth
US recovery shows the failure of Osborne’s ‘Voodoo Economics’
While the US economy shows encouraging signs of recovery, we in the UK are paying for chancellor George Osbourne’s own misguided version of Voodoo Economics.
Institutionalised prejudice against co-ops will delay economic recovery
Institutionalised prejudice against co-ops by organisations like the Financial Services Authority will delay the economic recovery, writes Cormac Hollingsworth.
Cable: Coalition lacks “a compelling vision of where the country is heading”
Business secretary Vince Cable has accused the government of lacking “a compelling vision of where the country is heading beyond sorting out the fiscal mess”.
Businesses in a funk: The real reason GDP fell in Q4 2011
GDP contracted because businesses went into a funk, cut their spending and hoarded cash instead, writes IPPR chief economist Tony Dolphin.
Slowing tax receipts mean no end to the deficit is in sight
Cormac Hollingsworth looks at how the fall in tax receipts will harm attempts to pay off the deficit.
Reeves: “We must ensure we pass the test of fiscal credibility”
Rachel Reeves will echo Ed Balls and Ed Miliband’s recent calls for “fiscal credibility” being key to Labour “earning people’s trust back” in a speech tomorrow.
CBI carry on tradition of alarmingly optimistic growth forecasts
Alex Hern reports on the CBI’s (rather optimistic) predictions for growth in 2012
New growth figures point to 2012/3 deficit 50 per cent bigger than originally projected
The deficit is now set to be8.4 per cent oin 2012/3, missing Osborne’s original projection by a full 50 per cent, and one quarter above the original Darling projection
Economic Update – February 2012: Double dipped
IPPR chief economist Tony Dolphin presents the economic update for February 2012.