Recovery
No turning back: Balls stays firm on cuts, pay, and the deficit
Ed Balls defended Labour’s new direction last night, insisting he would not make promises he couldn’t keep and could be trusted to make the big decisions.
Memo to Osborne: Jobs and growth will cut the deficit. Please listen
Cormac Hollingworth explains to George Osborne how rising unemployment and recession are increasing the deficit, and how jobs and growth will cut it. Simples.
The economy is crying out for more investment; we need a British Investment Bank
Will Straw pitches the idea of a British Investment Bank.
Balls throws down the gauntlet: “We are going to have to keep all these cuts”
Ed Balls seized the initiative on the economy last night by announcing Labour, if elected, couldn’t commit to reversing the coalition’s cuts, reports Shamik Das.
We need to save manufacturing, but manufacturing won’t save us
Westminster fashionable talk dictates that we need to rebalance the economy towards manufacturing. But manufacturing is declining as a proportion of the world economy.
Employment agencies: Jobs picture is even worse than you might imagine
This month’s Report on Jobs tells two stories: the deepening of the ‘jobs recession’ and a downturn in temporary employment, reports Richard Exell.