Unemployment likely to worsen as private sector resorts to redundancies
Employers remain nervous, according to study by CIPD – but UK economy expected to turn corner by mid-2012Britons are facing their worst employment prospects since the recession thanks to a growing...
View ArticleGreece austerity protests – in pictures
Thousands clashed with riot police in Athens on Sunday as the Greek parliament approved deeply unpopular budget cuts to secure a new eurozone bailout
View ArticleMoody's decision a blow to George Osborne
Chancellor has said that the coalition's determination to tackle UK's debts has kept its financial reputation intactThe decision by Moody's to put the UK's prized AAA credit rating on negative outlook...
View ArticleMoody's decision puts pressure on George Osborne
Chancellor to press ahead with austerity programme despite credit rating agency's negative outlook for UKGeorge Osborne was forceful in his response to the threatened downgrade by Moody's and the...
View ArticleWhy profit-led growth is a myth | Jayati Ghosh
A profit-led economic strategy did not work even during the boom. What the world needs is job-based growthFor at least two decades now, policymakers across the world have been preoccupied with...
View ArticleUK credit rating threat underlines need to deal with debts, says Osborne
Chancellor says potential loss of AAA rating shows UK 'can't waver' in tackling debts, but Ed Balls says he is in denialThe chancellor, George Osborne, has defended the government's economic strategy...
View ArticleUK austerity v US stimulus: divide deepens as eurozone cuts continue
The emphasis in Europe is on fiscal rigour and slashed budgets, but there is a growing awareness such policies are not workingAs George Osborne digests the warning shot across his bows from Moody's and...
View ArticleCredit downgrade alert leaves George Osborne in a political fix
Inflation may be falling but the chancellor has only few options open to him after Moody's credit warningIn normal circumstances it should have been a good day for George Osborne. There has not been an...
View ArticleGeorge Osborne tries to be positive on negative outlook for economy
George Osborne is adamant that Britain 'cannot waver' over deficit reduction planChancellor George Osborne said the shock warning of a downgrade of the UK credit rating by Moody's demonstrated that the...
View ArticleThreatened UK downgrade: beyond belief | Editorial
Osborne's 'staying the course' is like putting a steering lock on a car and driving across town – irrespective of the walls in the wayFirst came the run on the Rock, then the wider banking bust, and...
View ArticleFalse optimism alone won't find jobs where none exist | Zoe Williams
With a deficit of two million vacancies, no amount of Work Programme intervention is likely to fill the jobs gap"We are by definition an optimistic organisation," Paul Brown, a director of the Prince's...
View ArticleEmployment and the euro crisis: bringing it all back home
This is no ordinary downturn for any European nation – whether it is part of the stricken single currency or notThey'd never have said so, of course, but in a more ordinary slump ministers would have...
View ArticleCompanies must stop hoarding cash and start investing instead | Will Hutton
David Cameron and George Osborne have still not developed a full-throated industrial policy that would encourage companies to spend money on investment and innovationSilent panic and a disastrous...
View ArticleLib Dems campaign for further and faster personal tax allowance increase
David Laws, Simon Hughes and Ed Balls back proposals to increase allowances, but questions over funding remainPressure on George Osborne to raise personal tax allowances further and faster in the...
View ArticleNicholas Wapshott: 'The feud between Keynes and Hayek defined modern...
Comment is free interviews: Nicholas Wapshott compares the current economic crises in the United States and Europe with the Great Depression of the 1930sAndy GallagherPhil Maynard
View ArticleRachel Reeves: Labour need to regain economic credibility with the public
Shadow Treasury chief secretary will hint at new fiscal rules, including further taxes on rich, in her first major speechLabour must restore its credibility on the economy by setting out workable new...
View ArticleGreek bailout deal satisfies George Osborne
Chancellor welcomes £100bn rescue package agreed by eurozone finance ministers, but Alistair Darling is scepticalGeorge Osborne has welcomed the £100bn deal thrashed out by eurozone finance ministers...
View ArticleLetters: A4e and the dangers of outsourcing
Congratulations to John Harris on his excellent article about A4e and the perils of outsourcing (Nice work if you can get it, G2, 22 February). As he points out, A4e and others act like an arm of the...
View ArticleDavid Cameron condemns rhetoric of anti-business snobbery
Prince of Wales to attend speech where prime minister will focus on economic expansion and reducing unemploymentDavid Cameron will signal his determination to produce a pro-growth budget by saying he...
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