recession
How the Tories became an endangered species in the North of England
IPPR North researcher Lewis Goodall reflects on the 2012 local election results in Northern England.
NIESR: Weak demand is leading to permanently higher unemployment
According to NIESR’s report this morning, persistently weak demand is maintaining high unemployment, and may lead to a permanently higher rate of joblessness.
US economy grows as UK economy shrinks
As the UK economy descends into a double-dip recession, new figures today show the US economy continuing to grow, albeit it at a slower rate, writes Shamik Das.
Krugman: “Keynesians have been completely right, Austerians utterly wrong”
“The results are in: Keynesians have been completely right, Austerians utterly wrong - at vast human cost” - so wrote Nobel laureate Paul Krugman today.
Osborne’s ideology-driven economics have failed: We’re all paying the price
The double dip recession is a result of George Osborne’s ideological agenda and rejection of stimulus economics, writes Cormac Hollingsworth.
UK double-dips for first time in 37 years; Balls: Government’s economic credibility “in tatters”
The opposition, press and economists turned on the government today for the UK's descent into a double-dip recession for the first time since the mid-seventies.