Income tax revenue could be lower than expected, finance watchdog says
Office for Budget Responsibility says shortfall despite rising numbers of workers is due to low wagesIncome tax revenues in the UK are likely to be lower than expected despite rising numbers of people...
View ArticleJean Tirole wins Nobel Prize for Economics - live
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been won by French economist Jean TiroleTirole recognised for work on regulating mergers and cartels12.44pm BSTWinning the...
View ArticleUK's over-55s to be able to withdraw lump sums from pensions
Chancellor claims pensions tax bill allows people to be free to choose what they do with their moneyOver-55s will have the flexibility to draw down their pension pots in chunks, under legislation being...
View ArticleGeorge Osborne: 'Double dose of good economic news' on inflation and pensions...
Chancellor George Osborne welcomes a 'double dose of good economic news' on inflation and pensions. He is reacting to news that inflation in the UK has fallen to its lowest level for five years, while...
View ArticleDavid Cameron backs raising of inheritance tax threshold
Only the very wealthy should pay, prime minister says in Q&A at Age UKDavid Cameron said he would like to ensure that only the very wealthy pay inheritance tax as he voiced support for raising the...
View ArticleUK unemployment fall, the key graphs
Britains jobless rate has fallen to its lowest level since September 2008UK unemployment has tumbled to its lowest level since 2008, when the fall of the US investment bank Lehman Brothers brought the...
View ArticleFall in UK unemployment: what the economists say
Britains jobless rate fell to 6% in the three months to August, a greater decrease than most City analysts were expectingWednesdays Labour market statistics show a record fall in unemployment of...
View ArticlePublic service strikers are standing up for the real Britain | Seumas Milne
David Cameron and Nigel Farage want to change the subject, but austerity and privatisation are slashing earningsAfter years of real pay cuts, public service workers are striking back. Up to a million...
View ArticleWill October 2014 take its place in the stock market grisly hall of fame?
Markets rattled by five factors that have come together to create right conditions for severe correction in a traditionally bad month The 10 worst days in the FTSE 100s historyHistorically, October is...
View ArticleNeoliberalism and the west are not identical | @guardianletters
Pankaj Mishras article (Comment, 14 October) is an important warning about the unsustainable costs of global neoliberalism. But it is also based on a number of misconceptions a case of Orientalism in...
View ArticleThe G20 in Brisbane a $500M talkfest? | Nicholas Reece
The G20 is staggeringly expensive to organise. Can the worlds self-described premier economic forum justify its existence? Australia will spend over $500m hosting this years G20 meetings. In the world...
View ArticleIPCC corrects claim suggesting climate change would be good for the economy
Controversial statement, that was based on faulty data taken from a report by economist Richard Tol, has been removed from the final version of the reportThe Intergovernmental Panel on Climate Change...
View ArticleTens of thousands take to UK streets in pay protest
Union members march in London, Glasgow and Belfast to call for pay rises for workers whose real-term incomes have fallenTens of thousands of union members are marching through central London to...
View ArticleNote to George Osborne in upper class: beware the plebs who fly economy
It is symbolic that the chancellor of a government that proclaims that we are all in this together is travelling upper class while inflicting dangerous cuts on public servicesI am always amused when,...
View ArticleBank of Englands chief economist struggles with stance on Britains prospects
Andy Haldanes admission that he was gloomier about the economy surprised the markets, but he insists the UK is doing well in some respectsAndy Haldane is feeling buzzed up. It is just hours since the...
View ArticleEbola and failing markets tell us that we need to work together | Will Hutton
Governments must heed the warnings of our brightest minds and reshape our societies to help those most in needLast week, the worlds stock and bond markets swung wildly. They worried about the threat of...
View ArticleImmigration: Could we should we stop migrants coming to Britain?
Britain is convulsed with anxiety about immigration, with claims of too many EU citizens coming here, the benefits system being abused and wages being forced down. An expert on immigration looks at the...
View ArticleAs cracks in its economy widen, is Germanys miracle about to fade?
As the markets tumbled last week, Germany, hailed only months ago for its resilience in the European crisis, came under fresh scrutiny. What lies ahead for the European powerhouse?Locals call the...
View ArticleBleak figures show a relentless slide towards a low-pay Britain
Wage protesters marched over the greatest slump seen in real pay for 150 years on Saturday, but it is the march of technological advance that is driving a wedge between the countrys highest and lowest...
View ArticleWhy did Britains political class buy into the Tories economic fairytale? |...
Falling wages, savage cuts and sham employment expose the recovery as bogus. Without a new vision were heading for social conflictThe UK economy has been in difficulty since the 2008 financial crisis....
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