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UK GDP growth for 2013 revised down
Britain's economy grew slightly slower last year than previously estimated, the ONS said, as it confirmed Q4 growth at 0.7%Britain's economy grew at a slightly slower rate than previously thought in...
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British manufacturers urge George Osborne to overhaul business rates
Ten leading manufacturers including Tata Steel and Vauxhall write to chancellor calling for urgent rates system reviewBritish manufacturers have urged George Osborne to overhaul the business rates...
View ArticleJanet Yellen: Federal Reserve has no authority to regulate Bitcoin
Federal Reserve chair told banking committee regulators confident US law is ‘adequate to meet enforcement needs’Dominic Rushe
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'Build northern stretch of HS2 first' to boost poorer UK cities
Linking Birmingham with Manchester and Leeds would bring greater benefit than a London link, says economist Jim O'NeillThe government should radically rethink plans for HS2, the £50bn high-speed rail...
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The only way out of the housing crisis is to let councils build
Our housebuilders are reporting surging profits, but we still won't have nearly enough homes to meet demand unless the government allows local authorities to get their hands dirtyHooray! Happy news...
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Cities chief Jim O'Neill's tip for a prosperous Britain: devolve to the north
The ex-Goldman Sachs chief now heading a commission on cities says Westminster can no longer ignore the regionsH e is finishing off a large plate of poached eggs on toast, but Jim O'Neill is more...
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UK price rise exposes failure to prepare for food and fuel shocks
Rising imports of fuel and food prices have eaten into real incomes, putting country at risk of volatile global economyJust as the world becomes more uncertain, Britain has left itself open to the...
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One thing Spain can teach us: how not to spread the wealth in your country |...
The Spanish system used to be a model for resource distribution. But Catalonia shows how it's blatantly unfairSpain has learned the hard way that designing a federal system of government to accomplish...
View ArticlePositive economic data upsets Hockey's doom and gloom budget narrative
The treasurer is keen to talk down the economy, but from GDP growth to consumer spending to productivity, it’s performing above expectationsGreg Jericho
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Greater Manchester is a creative powerhouse - despite being starved of funding
London gets three times as much arts and culture investment as the North West of England, half of BBC funding and 40% of Arts Council cash. This has to change, argues Will StrawSince the financial...
View ArticleIs migration good or bad for British jobs? | Reality Check | Juliette Jowit
A suppressed government report claims the home secretary greatly exaggerated the harm to British jobs posed by immigration into the country. While ministers come under renewed pressure to release the...
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Ban on independent Scotland sharing sterling 'not serious', Holyrood told
Economic expert claims George Osborne would drop opposition to currency union – 'the best option for everybody'The architect of Scottish first minister Alex Salmond's proposal for a sterling zone with...
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The British economy: rate relief
Given the scale of the calamity that hit the economy in 2008, worklessness has been nothing like as bad as we had any right to expectOver the bleak winter of 2008-09, newspapers charted the decline in...
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Economic runes are not easy for Mark Carney to read
Threadneedle Street is reluctant to push up interest rates until at least next year but the labour market is tighteningThe return of older workers to the jobs market and the decision of more young...
View ArticleOur own Tea Party conservatives are a threat to Australia's economic record |...
Wayne Swan: Unlike what we can see in the US, success in Australia is more likely to be determined by effort, not by where you were born. Regrettably, our model is now under fierce attackWayne Swan
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Sharon Bowles interview: taking on banking's 'world of grey men'
Influential MEP refuses to get angry at banks' attempts to circumvent pay limits she pushed through European parliamentSharon Bowles has taken on the banks – and the government – in pushing through the...
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£20bn black hole in public finances would mean more austerity or tax rises
Ministers who insist on balancing the books will have to consider yet more spending cuts, tax rises, or bothPut away the champagne. Yes, the recovery so far has been stronger than even the most upbeat...
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Osborne under pressure as bonuses surge to £35m at bailed-out banks
Chancellor 'must say why he has not curbed excess' as EU considers imposing new limits on bosses' payGeorge Osborne is facing calls to explain bonus payouts worth an estimated £35m that have been...
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The 40-year Tory obsession with services has served no one
Thatcherism has left customers doing firms' work for them, and an economy that even the Tories now see is too unbalancedAs I wasted several hours on the telephone last week to various branches of BT...
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Co-op executive pay reveals the depths that business has sunk to | Will Hutton
Extravagant payments are claimed to drive companies forward. The evidence suggests the oppositeIt must represent one of the greatest wealth grabs in history. British firms have been the object of a...
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