Economic Update – February 2012: Double dipped
IPPR chief economist Tony Dolphin presents the economic update for February 2012.
Growth
Excuses, excuses, excuses: The Eurozone crisis, weakness in the US, or the wrong type of snow?
Alex Hern rebuts the FTs claim that the low growth the UK is experiencing is due to matters outside Osborne’s control.
Miliband: British Investment Bank could provide government banking for entrepreneurs when market fails
The more interesting section of Ed Miliband’s speech at the Thomson Reuters building is on potential reforms to the banking sector.
Small businesses can play a vital role – but only if they get the finance they need
Tony Dolphin lays out the plan for how to get small business involved in the future growth of the UK – and what they need to help
Krugman savages the “austerity debacle”
Paul Krugman has attacked the “austerity debacle” taking place in Britain, pointing out the UK is “nowhere close” to regaining ground lost during the recession.
US grew almost twice as fast as UK in 2011
The US economy grew by 1.7% in 2011 compared to 0.9% in the UK – almost twice as fast. The new figures put to bed Treasury spin that the two economies were on the same course.
Mandelson weighs in behind National Investment Bank
Alex Hern reports on the support Lord Mandelson has given to the idea of a national investment bank, as called for by a new IPPR pamphlet
European Socialists present their action plan on youth unemployment
Alex Hern highlights the European Socialists’ demands for a pan-European measure to deal with youth unemployment, which costs €16 billion to the UK each year.
Growth goes down, so what will happen to the deficit?
Alex Hern uses George’s Marvellous Deficit Calculator to examine what the news of GDP contraction means for the government’s flagship deficit reduction program
What’s right for Aberdeen isn’t for York; unemployment needs city-specific solutions
Paul Swinney of Centre for Cities presents the evidence to demonstrate why potential solutions to the unemployment problem must be focused at a city-wide level.