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Salmond's pension plans for Scotland are unaffordable, warns thinktank

Economist casts doubt on long-term viability of larger state pension promised by SNP under independenceAlex Salmond's plans to guarantee higher state pensions after Scottish independence will be...

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Venice is safe, but a dearth of demand has Europe sinking

Managing the mechanism of growth is tricky – particularly when austerity-hit consumers can't or won't create economic demandFor some years now, the Italian government has organised a seminar in Venice...

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UK pensioners thrive while working families and young suffer, report finds

Study reveals income rise of 18% for elderly since 2002 but up to 22% fall for young peopleYoung people and typical working families have seen their incomes fall in real terms compared with a decade...

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State pension service could be privatised under DWP plans

Department for Work and Pensions considers privatisation as part of search for savings as budget shrinks by a thirdThe government is considering saving money by privatising the delivery of the state...

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To do business with India and China, Britain needs to lose its imperial...

The sins of empire are still etched in the minds of many of the UK's global partners. Our soft power is the best antidoteBritain may have lost an empire – but not its baggage. Sixty years on so many...

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Ex-FSA chief demands mortgage curbs and crackdown on payday loans

Lord Turner calls for return to 1950s-style controls on credit to tackle 'debt pollution' and prevent another financial crisisStrict curbs on mortgage lending and a clampdown on high-interest payday...

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10 ways Australia could save money without hurting the poor

Australian Council of Social Service offers a 10-point plan to the treasurer which would save nearly $15b in two yearGabrielle Chan

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Nick Clegg announces push to raise income tax threshold

Deputy prime minister keen to ensure Liberal Democrats, not coalition, claim credit for raising personal tax allowanceNick Clegg will reveal on Monday that in the spring budget he is pushing for a £500...

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Trade unions challenge coalition sell-off of Britain's probation service

Chris Grayling said to have breached rules that say supervision of forced labour ordered by court cannot be privatisedGovernment plans to privatise the probation service amount to a breach of the...

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Disposable incomes 'will not rise for average family until 2015'

Resolution Foundation contradicts George Osborne, who cited Treasury research claiming disposable incomes rose in 2012/13The debate over how long it will take before disposable incomes start rising...

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Bank of England to keep interest rates at 0.5% for at least another year

Bank of England governor says the UK recovery is still too fragile to cope with a rise in interest ratesThe Bank of England has signalled it will keep interest rates on hold at the historic low of 0.5%...

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Forward guidance version 2: will the public believe it?

What isn't clear from the Bank of England's inflation report is why the new form of forward guidance will be any more reliable than the old formForward guidance is dead. Long live forward guidance....

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Scotland must play a high-stakes poker game with Westminster over the pound

There remain a number of currency options available to the yes camp despite the toughening up of the rhetoric from the three main parties at WestminsterAlthough there are still seven months to go...

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How the TaxPayers' Alliance took on the gospel of the big state | Mark Wallace

After 10 years, our campaign has helped to deliver tax cuts worth £37bn in 2014-15. Even better, our argument is now mainstreamTen years ago today, a small group of volunteers met in a coffee shop. It...

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George Osborne: ‘stakes couldn’t be higher’ in Scottish independence...

The chancellor George Osborne says Scotland should vote against independence in order to benefit from keeping the pound

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Alex Salmond responds angrily to Osborne's rejection of currency union

No deal on sterling will mean no deal on national debt, Scottish first minister says, as all three pro-union parties back chancellorAlex Salmond has renewed his threat that Scotland could refuse to pay...

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UK economy in as much danger now as ever | @guardianletters

Your editorial and report (both 13 February) show the state we are in. Mr Carney's belief that current UK economic growth is unbalanced and unsustainable must be clear to all. Our economic activity has...

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Public sector jobs are set to be cut by 40% throughout Britain

Report by the Institute for Fiscal Studies finds that the planned reductions would hit the poorest parts of the country the hardestThe biggest cull of public sector jobs for at least 50 years will see...

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Celebrating 0.3% growth shows eurozone's diminished expectations | Larry Elliott

There were welcome signs in this latest GDP data – but the eurozone is still a long way from returning to good healthIt says something about diminished expectations for the eurozone that quarterly...

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These floods are washing away the founding logic of David Cameron's...

By announcing that 'money is no object', the prime minister has performed the last rites on the notion of inevitable austerityMen in wellies, talk of "grip", Cobra in near-permanent session: the...

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