Spending review slashes £60bn from growth
David Cameron and Ed Miliband make speeches today on growth. New analysis shows that last week’s Spending Review will remove around £60 billion from the economy.
Growth
Davis joins Miliband with warning on growth
David Davies today warns that David Cameron and the Conservative party that he must develop a growth strategy. It follows Ed Miliband’s call yesterday for a focus on growth.
Coalition cuts lead to slower growth
GDP growth has been downgraded by the Bank of England partly due to the Coalition’s cuts. But growth in 2009-10 was at the top range of estimates set out last year.
Osborne attacks Treasury economic model as “work of fiction”
George Osborne today questions the Treasury’s economic model as a “work of fiction”. Is he cultivating an atmosphere of emergency as preparation for cuts?
UK has highest GDP per capita rise in G7 since 1997
Britain had the highest per-capita rise in GDP in the G7 since Labour came to power. But critics are calling for an end to “unsustainable” growth.
Muted cheers as the UK limps out of recession
Today’s increase in GDP of just 0.1 per cent, though welcome, falls short of the 0.3 per cent gain that was widely forecast by City economists.
Cable sets out economic vision, but tax policy could be more “radical”
Vince Cable set out his economic manifesto today. But he conceded that his party’s flagship tax policy was not as radical as other approaches to redistribution.
PBR word cloud: Tax, support, spending, growth
UPDATE 3:45 Following comments from readers, and to make things clearer, we have recreated the word cloud with the words “Mr Speaker”, “per cent” and “year” all redacted: The original can still be viewed here. • Read it in fulltest
Economic update – December 2009
Left Foot Forward’s monthly economic update shows a recovery might be under way. Unemployment is slowing and manufacturing activity rebounded strongly.
Detailed breakdown of GDP figures provides warning against Tory plans
The detailed breakdown of the third-quarter GDP figures provide more encouragement for the economy, a recovery which could be endangered by the Tories’ policies