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Is take-home pay improving? The answer is anything but simple
Disposable income is a knotty problem. ONS figures show incomes are rising after a surge in hours worked not after inflation-busting pay risesAt the heart of the debate over pay and living standards...
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Economy well short of 'escape velocity', Carney tells businesses
Bank of England governor reassures businesses interest rates would remain at low levels amid fears of a new housing bubbleThe governor of the Bank of England, Mark Carney, on Friday sought to reassure...
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Ed Balls: Labour will run a budget surplus
Shadow chancellor's pledge means Labour must either raise taxes or cut spending if the party wins the 2015 electionThe shadow chancellor, Ed Balls, is to give a binding commitment that a Labour...
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UK economy: snatching at the political dividend | Editorial
Polls show that strong economic numbers do not mechanistically translate into strong political ratings for the ToriesBritish politics has gone from a long period of ridiculous neglect of the economic...
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When interest rates do rise the 'new normal' could be 3%, not 5%
It will be incremental when the rate rises do come, but the Bank of England wants a sustained recovery firstThose of us who write about economics for a living know the signs. A work colleague sidles...
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Tax and spend will dominate the election – but will any party face the truth?...
Ed Balls has acted to show Labour can be trusted with the public finances. But hard decisions await the next government, whatever party winsHistorically, deep and prolonged economic crises have...
View ArticleCrisis? What crisis?
Chris Riddell on the prime minister's confidence and the governor of the Bank of England's caution
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Economists can't always see what's coming – not even with a Treasury view
Economic history is littered with innacurate predictions. At least this time, with unemployment, the news is better than expectedThe news that unemployment is falling – and faster than most forecasters...
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Conflict and confusion in the towns Pfizer, and the recovery, left behind
Thanet is divided over whether hopes for revival lie in ports and factories – or culture and cafesThe economy may be adding jobs at a rate of 50,000 a month, according to last week's figures, but some...
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George Osborne's economic 'recovery' is built on sand | Will Hutton
Half the UK jobs growth was driven by self-employment – redundant workers making an uncertain living as sole tradersThe chancellor is feeling good, very good. His critics are on the defensive. The IMF,...
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Ed Balls dismisses claims that Labour's 50p tax move is anti-business
Shadow chancellor emphasises that higher rate would be temporary after criticism from companies and ex-ministersEd Balls has brushed off accusations that raising the top rate of tax to 50p is an...
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Greece faces new black hole in finances amid rising tensions with creditors
Greek finance minister Yannis Stournaras prepares for dressing down in Brussels over evidence of resistance to reformsEuropean finance ministers meeting in Brussels on Monday are due to express...
View ArticleMartin Rowson on Ed Balls and the 50p tax plan – cartoon
Shadow chancellor emphasises that higher rate would be temporary after criticism from companies and ex-ministersMartin Rowson
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Growth figure likely to bolster recovery hopes
City economists forecast official figures, due out on Tuesday, to confirm that 2013 ended on a strong note for BritainBritain's recovery is expected to have held up over the final months of 2013,...
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Ed Balls says 50p tax rate will be temporary
Shadow chancellor defends plan to restore higher tax rate, saying it is not anti-businessEd Balls has hit back at accusations that Labour is anti-business for bringing back the 50p top rate of income...
View ArticleMixed messages on interest rates as the Reserve Bank considers its next move
Rising inflation, a falling dollar and a weak economy put the RBA in a bit of a bind when it comes to cutting or raising interest ratesGreg Jericho
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Newspapers give Labour's 50p tax rate proposal the thumbs down
The announcement by Ed Balls that Labour will reintroduce the 50p top rate of income tax for those earning over £150,000 went down very badly with the majority of today's national newspapers.Several...
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David Cameron claims Ed Balls has 'learned nothing' on public spending
PM goes on attack after shadow chancellor defends Labour's economic record, while City leaders criticise 50p tax rate planDavid Cameron has laid into Ed Balls for having "learned absolutely nothing"...
View ArticleDavid Cameron speech to the FSB: Politics live blog
Andrew Sparrow's rolling coverage of all the day's political developments as they happen, including David Cameron's interview on the Today programme and his speech to the Federation of Small...
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Vince Cable undermines chancellor with 'wrong sort of recovery' message
Liberal Democrats might vote against £30m austerity package as Tories warned against 'slashing for its own sake'The business secretary, Vince Cable, on Monday evening infuriated his Conservative...
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