The coalition could end up borrowing more than Labour
If the economy continues to stagnate, the coalition could borrow more than Labour this year, writes Cormac Hollingsworth.
Growth
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.
IoD: Wales feels like it’s back in recession
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”.
Dismal growth figures leave many parts of Britain languishing in the deep freeze
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.
Low growth implications for living standards particularly bleak
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.
Growth in 2011 set to be less than half OBR’s original prediction
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.
Eurozone crisis not to blame for sluggish growth
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.
Jobs and growth figures from Wales and Scotland deepen the gloom
The latest employment figures show Wales has been the worst hit by the recession, while growth in Scotland is stagnating, reports Ed Jacobs.
Borrowing figures make grim reading for Osborne
George Osborne’s lack of a growth strategy could easily undermine his deficit reduction plans, writes Duncan Weldon.
Chamber of Commerce are latest to predict near zero growth in Q2
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.