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Joan Mitchell obituary

My mother, Joan Mitchell, who has died aged 93, was from 1952 a lecturer and from 1978 professor of political economy at Nottingham University. She wrote several books on economic planning and served...

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Royal Mail sale sparked legitimate controversy, says Nick Clegg

Deputy prime minister says it is right that sale should face intense scrutiny but defends Vince Cable over his actionsNick Clegg has admitted there is legitimate controversy over the sale of Royal Mail...

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Why Treasury model is a flawed tool for valuing climate policies

Economic model that uses basic costs as benchmark lacks meaningful prices linked to environmental valueMost people would agree that we can never put an accurate monetary value on our health or the...

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Piketty's new evidence on growing inequality | @guardianletters

Chris Huhne describes Thomas Piketty's figures as "breathtaking" (Comment, 28 April), but in reality evidence of the devastating social and economic consequences of inequality has been growing for...

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AstraZeneca bid shows that takeovers of UK firms are all too easy | Aeron Davis

We must act to stop foreign takeovers undermining Britain's economy as shareholders seek short-term gainsThe takeover of AstraZeneca by the American giant Pfizer is rising up the political agenda...

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AstraZeneca rejects Pfizer bid as US pharma giant courts UK government

Firm believes increased cash-and-shares proposal to £50 a share, valuing AstraZeneca at £64bn, is still too lowAstraZeneca has wasted little time in rejecting a new takeover bid worth £64bn from...

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Thomas Piketty: the French economist bringing capitalism to book

Piketty's Capital in the Twenty-First Century is that rare phenomenon, an economics tome that flies off the shelvesIt was around 7.50 on Thursday morning when it became clear that Thomas Piketty had...

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Vince Cable forced to reveal more data on Royal Mail investors

Business secretary bows to political pressure to release details of 16 priority investors revlations over £8m profit by LazardVince Cable bowed to political pressure on Friday to release details of the...

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The PM flies high on a buoyant housing market

Chris Riddell on David Cameron's so-called economic recovery Continue reading...

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When recovery follows austerity, it is not cause and effect

George Osborne believes that he inherited a stagnant economy and breathed life into it. Rather the opposite is the truthIt would be rather amusing if sleaze came to the rescue of the Conservative...

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The Tyranny of Experts review taking on the development technocrats

A timely book gives both barrels to complacent gurus and governments and their simplistic, top-down 'solutions' to povertyLast year I flew to Kenya to meet an Ethiopian farmer who had been beaten,...

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European commission cuts 2015 growth forecast

UK expected to grow 2.7% and 2.5% in next two years but questions remain about impact of further falls in prices across eurozoneThe European commission has insisted the risk of deflation in the...

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Land Registry privatisation plans revealed in leaked document

Former chief land registrar and unions express concern about possibility of private firms having a say in granting of land rightsThe Land Registry is headed towards privatisation, in a move which will...

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The Piketty phenomenon: big picture economics | Editorial

When the maelstrom surrounding Capital in the Twenty-First Century dies down, its legacy may be to give economics back its sense of proportionAsked whether economists had to be mathematicians too,...

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Jobseekers being forced into zero-hours roles

Letter from Conservative minister reveals plans to sanction unemployed people if they fail to agree to controversial contractsJobseekers face losing their benefits for three months or more if they...

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There's no evidence that privatisation works, but it marches on | Polly Toynbee

From the Land Registry to East Coast rail, valuable public assets are being frittered away despite the many cautionary talesIf you think the government might hesitate to sell other national assets...

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George Osborne bristles as EU moves closer to financial transaction tax

Chancellor says he would mount fresh legal challenge if the final design of the tax has implications for the UKThe European Union moved closer to a tax on financial transactions after 10 member states...

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OECD warning on house prices adds to pressure on Osborne over Help to Buy

Thinktank calls for clampdown on easy credit such as tighter access to scheme to bring 'excessive' house prices under controlGeorge Osborne is under further pressure to scale back the Treasury's Help...

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Royal Mail scraps plan to increase chief's pay after pressure from Cable

Business secretary welcomes restraint and good work of Moya Greene, who is believed to have requested pay freezeRoyal Mail has scrapped plans to increase its chief executive, Moya Greene's pay, after...

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Labour MP walks out of Westminster hearing on Scottish currency union

Paul Flynn questions impartiality of Commons committee looking at Treasury's decision to publish civil service adviceA senior Labour MP has walked out of a Westminster committee hearing in an angry...

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