Recovery
IMF-convened economists say cuts are the wrong strategy
The international chorus of experts against sharp deficit reductions plans has grown stronger, as world-leading economists said that the US and EU economies remained too fragile to absorb major deficit cuts. The economists met at a private conference convened by the IMF to discuss “Macro and Growth Policies in the Wake of the Crisis”.
Manufacturing continues to hold up the economy
The Office for National Statistics (ONS) today announced a 1.0 per cent increase in UK manufacturing output in January, reports Tony Dolphin.
Economic update – March 2011
Tony Dolphin looks at the key economic indicators and reviews the state of the UK economy in his latest economic update for Left Foot Forward.
UK economy’s fourth quarter contraction confirmed
George Osborne has shown a great deal of determination in his efforts to tackle the fiscal deficit; it is now time for him to show the same determination in promoting output and employment growth.
Fraser Nelson is wrong on the 50p tax rate
The Spectator's Fraser Nelson is wrong on the 50p tax rate, Left Foot Forward's Duncan Weldon reveals.
Buoyant tax revenues give Osborne room to manoeuvre
The UK’s public finances were in much better shape in January than expected. There was a current budget surplus of £8.5bn and public sector net borrowing was -£3.7bn.