Another Tory budget that does nothing for the north
George Osborne still has no serious strategy for balanced growth.
Growth
Budget 2014: GDP per capita will not return to previous peak until 2017
If we look at the small print of the OBR document (table 1.5), it actually says that GDP per capita is not expected to return to its pre-recession peak until 2017.
London is important, but it can’t go it alone
The UK is making schoolboy errors with its economic development policy.
Consumer debt, another house price boom – what sort of recovery is this?
The chancellor has given up on any rebalancing of the economy and has fallen back on what can only lead, further down the line, to another crash.
Graduates and growth
The future of young people and the British economy are intertwined and inseparable; however, the future of both is uncertain.
Ed Balls has made a shrewd move, but Labour must go further
Ed Balls’ latest Guardian article is an interesting one.
UK construction industry shrinks 10 per cent under coalition
The UK construction industry has shrunk by ten per cent under the coalition and construction output is now at its lowest level since 1998, according to new analysis by the TUC.
A tale of two approaches to austerity
New data and projections from the OECD starkly portrays the differing approaches to austerity in the US and UK. The red line shows the US, the blue line shows the UK.
The North needs more private sector jobs, not less in the public sector
While cuts are inevitable, there are ways to rebalance cuts towards those with the broadest shoulders. Public sector jobs are not the problem.
UK performing worse than all but one G7 country in ‘global race’
The UK is experiencing a slower economic recovery than 23 of the 33 advanced economies monitored by the International Monetary Fund (IMF) and is lagging behind all but one G7 country on exports, wage growth and manufacturing, according to new analysis published today by the TUC.