Latest GDP numbers mean Britain’s economy has shrunk since general election
The latest poor GDP numbers mean Britain’s economy has shrunk since general election.
Growth
IMF downgrades growth forecast AGAIN as Balls warns of “heavy long term price” of failure
The IMF downgraded its UK growth forecast today for the third time in under a year.
Labour seize on CBI’s “damning indictment” of Osborne’s “really disappointing” growth fail
Labour sought to pile the pressure on George Osborne today following last night’s savaging of the government’s growth record by CBI chief John Cridland.
Right-wing think tanks at odds with British business on green growth
Four right-wing groups set out policies to ‘build the momentum for growth’ in today’s Telegraph. But these carbon-intensive projects are at odds with British business.
G20: Is Obama drawing a line between his approach and Cameron & Merkel’s austerity?
In the G20 Leaders Declaration at the Los Cabos summit in Mexico, has Barack Obama contrasted his approach to the austerity of David Cameron and Angela Merkel.
Economic update – June 2012: The economy – and the government’s policies – going nowhere
The government’s rejection of stimulus measures to promote growth has left the British economy static, with declining growth and increasing inflation.
Now the EC warns Osborne: Deficit “projected to fall more slowly” due to weak growth
The European Commission today became the latest international body to issue a warning on the state of the UK economy, reports Shamik Das.
More than 70% of public want Osborne to U-turn on cuts and adopt a Plan B
George Osborne may have performed reverses on the “pasty tax” and “caravan tax” last night, but it’s on austerity the public really wants a U-turn.
Austerity Isn’t Working • Sparpolitik ist keine Lösung • L’austérité ne marche pas
Carlos Mulas, Executive Director of Fundacion IDEAS, tells the story of a new, pan-European campaign against ever more austerity.
Unravelling the Centre for Policy Studies voodoo economics bigging up small government
IPPR’s Tony Dolphin takes apart today’s Centre for Policy Studies report claiming lower taxes lead to higher economic growth.