Capital in the Twenty-first Century by Thomas Piketty review
There has been an intense debate about this surprise bestseller. What is the upshot?This is a VIB very important book. Nearly everyone agrees about that. But the reasons for its importance have changed...
View ArticleLabour must be bolder. Renationalising the railways is a case in point | Anne...
Ed Miliband is best when he is making the political weather, and he might just find that a strong line on rail nationalisation resonates with disgruntled votersIts Labours national policy forum this...
View ArticleUK economic recovery not 'firmly rooted', warns Kenneth Clarke
Former Tory chancellor expresses fears over productivity and warns against triumphalism over 'a bit of cyclical upswing'I had a lot of views, but they didn't coincide with No 10'sFormer chancellor...
View ArticleLabour reaches new deal for overhaul of 'failed' railways
Ed Miliband outlines plan to scrap Railways Act and reverse privatisation that puts reform at heart of election manifestoLabour delegates hailed a new deal on rail policy as the "beginning of the end...
View ArticleSmart countries are the ones creating and shaping their own markets | Mariana...
We need a new financial world orderLast week in Fortaleza, Brazil, the five Brics nations Brazil, Russia, India, China and South Africa finally signed a deal to create a $50bn new development bank and...
View ArticleLabour leaders win crucial policy forum vote on spending plans
Ed Balls says vote at end of three-day conference is evidence of support for manifesto based on 'big reform, not big spending'An attempt to commit Labour to abandoning coalition spending plans for...
View ArticleThe young, skint and self-employed need a radical new labour market | Paul Mason
With wages collapsing and many resorting to roomshares, who will stand up for young people against the loan shark, the rip-off landlord and the profiteering boss?To enter the set-design workshop you...
View ArticleTrouble in store: the grave future of British public and private debt
A future of rising interest rates and deepening debts beckon, with the UK unable, or unwilling, to countenance a solutionWhen interest rates begin to rise, we're told they will top out at 3%. Don't...
View ArticleTwenty years of Tony Blair: totting up the balance sheet | Michael White
Blair's administrations achieved a major shift in the way Britain is run and feels about itself, despite the disfiguring scar of IraqIs it only 20 years ago that Tony Blair, that fresh-faced boy and...
View ArticleLabours spring is back but it wont mean a thing without a swing | Polly Toynbee
A radicalism tempered by discipline reignited the spirit of 97 this weekend. But the deficit always hangs over Labours campaignThere were no rows, and so Labours national policy forum at the weekend...
View ArticleGovernment borrowing figures dent deficit reduction target
George Osborne's long-term economic plan pushed off course again as coalition borrows more than expected in JuneThe coalition government borrowed more than expected in June, putting chancellor George...
View ArticleStudent loan sale U-turn 'likely to cost £12bn'
Decision to abandon sell-off will also require review of public finances, according to the Office for Budget ResponsibilityThe decision to abandon the sale of the student loan book is likely to cost...
View ArticleBank of England unease grows despite keeping rates at 0.5%
MPC votes 9-0 at leaving rate alone but some members see little risk in small rise in borrowing costsBank of England policymakers are growing increasingly uneasy at leaving interest rates at a record...
View ArticleBank of England will delay interest rate rise if wages don't go up
Growth is stronger and unemployment lower than expected but earnings fail to increase as Bank struggles to explain situationWages hold the key to when interest rates will start rising. That much is...
View ArticleBank of England holds interest rates amid concern for wage growth
Mark Carney says rates will need to rise as UK economy recovers, but monetary policy committee has no preset planBank of England policymakers are growing increasingly uneasy about the UK's record low...
View ArticleAnother UK growth forecast, another dollop of egg on the face of the IMF |...
The Fund could end up even more embarrassed if it is wrong about the global economy and the global financial systemYet again the Washington-based International Monetary Fund has been obliged to revise...
View ArticleDowning Streets challenge is to spread its IMF economic joy to individuals |...
Though each set of GDP data erodes Labours arguments, many still do not feel the national recovery has yet appearedUK economy finally above pre-crisis peak as GDP risesBeware unreliable friends....
View ArticleGeorge Osborne is right not to be smug over GDP numbers
Chancellor sensibly understated in response as UK population has risen and recession was far worse than anyone expectedBusiness blog: GDP figures pass pre-recession pointGeorge Osborne's response to...
View ArticleGeorge Osborne: economic growth thanks to hard work of British people video
Chancellor George Osborne says GDP figures published on Friday show the UK's economy is bigger than it was before the recession. He puts the recovery down to the efforts of the British people and hails...
View ArticleGDP isnt everything. This is six years of stagnation, not recovery | Michael...
If you look at other stats between 2008 and now employment figures, working hours, wages the recovery falls apartThe latest GDP data shows that the output lost in the recession has been finally...
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