Tory Right’s “deregulation zealots” threatening UK’s green growth
The people dubbed “deregulation zealots” and “right wing ideologues” by energy secretary Chris Huhne have seemingly won another battle inside government.
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.
Ministers are trying to claim that the eurozone is to blame for fragile growth. But it is falling consumption and poor investment that is the problem.
The latest employment figures show Wales has been the worst hit by the recession, while growth in Scotland is stagnating, reports Ed Jacobs.
George Osborne’s lack of a growth strategy could easily undermine his deficit reduction plans, writes Duncan Weldon.
The BCC is the latest organisation to predict near zero growth in the second quarter of 2011. They predict today that the economy grew by just 0.3% since April.
Clinton is right on the effect on the potential impact on government spending – and the dangers of cutting too radically