A strong recovery needs strong unions and public investment
When the share of wages in national income decreases, consumption decreases.
Growth
George Osborne: making failure look like success
Celebrating today’s GDP figures as a victory for the chancellor would be a like praising the punctuality of the chauffeur who arrives at his destination three hours late.
UK GDP up 0.8 per cent
UK GDP grew by 0.8 per cent in the second quarter of 2014, according to the latest quarterly national accounts from the Office for National Statistics (ONS).
Growth rate slowing in some areas, according to new report
Growth slowed in some industries between April and June, warns the British Chambers of Commerce (BCC).
Why growth alone is no longer enough – Ed Miliband sets out ‘inclusive prosperity’
Miliband’s challenge will be persuading people that government can make a difference without simply throwing money at things.
Which party can close the living standards gulf for low-earning families?
Recovery alone will not restore lost ground facing low-earning parents – the parties need to ensure the worst off feel the benefit of growth.
Advanced manufacturing must play a major role in growing and rebalancing the economy
A review of manufacturing commissioned by Labour says the UK needs to avoid damaging economic short-termism.
Training for young people is a good move, but Labour should be asking more of employers
Without reference to how Labour intends to bring about good growth there is little point talking about training.
Sorry George, what recovery?
On hearing that Britain is ‘returning to growth’, many if not most people will probably ask ‘recovery? what recovery?’ writes James Bloodworth.
UK GDP up 0.8 per cent
UK GDP grew by 0.8 per cent in the first quarter of 2014, according to the latest quarterly national accounts from the Office for National Statistics (ONS).