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Squeezed middle has actually prospered, claims thinktank

Social Market Foundation report insists economic problems faced by middle-income groups have been exaggeratedThe economic problems of so-called "squeezed middle" families those on low to middle incomes...

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The dream of full employment gets George Osborne's political twist

The chancellor's announcement to put an end to joblessness surprised many observers until we read the small printWho will guard the guards?, asked the Roman poet Juvenal. (Quis custodiet ipsos...

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Five signs that the global economic recovery may be an illusion

Many policymakers believe the worst is over, but is this just 'groupthink'? And which warnings might the IMF miss this time?The global economy seemed to be on the mend when the International Monetary...

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Vince Cable recalled by MPs over Royal Mail privatisation controversy

Business secretary to answer claims that government vastly undervalued postal service following scathing NAO reportVince Cable has been recalled to give further evidence on the privatisation of Royal...

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Why UK universities shouldn't be hostile to alternative economic models |...

We at the Post-Crash Economics Society believe room must be made in economics teaching for non-mainstream theoriesWhat follows may just seem to be a story about one course option at one university, but...

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Labour risks being a one-trick party on the cost-of-living crisis | Hopi Sen

If he is to woo the squeezed middle, Ed Miliband's economic vision must go beyond just one issueSince the budget, a nervous shiver has run through the Labour party. Economic recovery and a chancellor...

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I will vote no to independence because I love Scotland | Menzies Campbell

Those who argue against independence have a duty to recognise that most Scots want their parliament to have more powersIt is the love that rarely speaks its name. For it is now unfashionable to talk of...

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Increase taxes to balance the budget, the revenue well is not dry

With government expenditure set to jump, we need to think about how to pay for itLast week both the secretary of the Treasury, Martin Parkinson, and the governor of the Reserve Bank, Glenn Stevens, had...

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George Osborne announces export credit scheme

Chancellor says he wants the UK to have the most competitive export finance in EuropeBanks will have access to a Bank of England facility to make it less risky for them to finance exports under a new...

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How have these corporations colonised our public life? | George Monbiot

Our politicians have delegated power to global giants engineering a world of conformity and consumerismHow do you engineer a bland, depoliticised world, a consensus built around consumption and endless...

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UK's 25% aid budget rise contributes to record help for developing countries

Britain meets UN target but OECD expresses concern that help for poorest countries in sub-Saharan Africa fell in 2013An increase of more than 25% in Britain's aid budget lifted financial help to the...

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George Osborne refuses to dine out on IMF's humble pie

Olivier Blanchard admits IMF warnings were wrong but chancellor refuses to gloat (maybe because they were partly right)What's the French for humble pie? Whatever it is, Olivier Blanchard was eating a...

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British economy: faith in the figures | Editorial

The ONS's new benchmarks will allow the Conservatives to go into the election flourishing a better record than expectedMore than a generation ago, Ronald Reagan asked American voters whether they...

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Trade figures show long road ahead to rebalance Britain's economy | Larry...

Office for National Statistics show trade deficit has narrowed, but the recovery remains domestically focusedGeorge Osborne has been in Brazil this week with an eye to opening up one of the world's...

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The eurozone's shaky banking system is still the biggest risk to recovery |...

The IMF's Global Financial Stability Report also provided some sobering statistcics on potential emerging market weaknessesWhere will the next financial crisis come from? Events of the past year...

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This housing hysteria can only end in a painful national hangover | Owen Jones

The cult of home ownership may benefit the Tories in the short term, but there is no 'feelgood factor' for those left outHallelujah! It's no longer just young Londoners without ready access to the Bank...

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Business chiefs: north-west can refresh parts of economy London cannot reach

CBI director general and former Tesco boss blow trumpet for Liverpool business festival taking place this summerA business Olympics? A modern version of the Great Exhibition of 1851? Both claims have...

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Danny Alexander: 'The economic plan is as much mine as George Osborne's'

Five years ago he was press officer for a Scottish national park. Today he is second-in-command at the Treasury and tipped as next leader of the Lib Dems. How did he do it? And does he really think...

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Training will fill jobs gap better than public sector cash George Osborne

Chancellor tells American Enterprise Institute in Washington that investment in technology is key to sustained recoveryThe UK's recovery will improve the living standards of all workers and generate...

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Martin Rowson on George Osborne's rebuke to critics of austerity cartoon

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