Vince Cable tells why he has gone into coalition – with Michael Heseltine
'Twickenham's Karl Marx' still relishes the political fray at 68 and is determined to push state's role in reshaping Britain's economyThatcherites will be appalled. Michael Heseltine, the man who...
View ArticleVince Cable attacks 'old-fashioned' Tories over tax cuts and workers' rights
Business secretary tells Lib Dem conference his party should confront those who 'stroke fat cats until they purr with pleasure'Vince Cable has attacked Conservative rightwingers and pledged to take on...
View ArticleLiberal Democrats at war over Nick Clegg's plan for a 'tycoon tax'
Liberal Democrat conference split by accusations that deputy prime minister is making policy 'on the hoof'The Liberal Democrats descended into open warfare over tax on Saturday as senior party figures...
View ArticleAt least the Bank and the Treasury are in it together when it comes to austerity
The late Sir George Blunden once wrote to Nigel Lawson praising the co-operation between the chancellor's department and his colleagues at the Bank of England. A similar note might be written today...
View ArticleWhy Nations Fail by Daron Acemoglu and James Robinson – review
Two US academics offer a compelling analysis of the world's financial malaiseAs the turbulence of global economic crisis starts to recede, the two fundamental features of the world economy in our times...
View ArticleEnough quick fixes, Mr Osborne. Overhaul the tax system now | Will Hutton
We have a system riddled with flaws and the chancellor should use this month's budget to transform it for the betterIt's the run-up to budget day and the familiar battle lines are drawn, only with much...
View ArticleNick Clegg and Vince Cable split on tycoon tax
Liberal Democrat infighting reflects tension over how proposal for tycoon tax based on minimum rate was sprung on the partyNick Clegg has appeared to row back from a proposal for a tycoon tax built...
View ArticleUK recovery has been weaker than in US, Germany, France and Canada
Explanation for this woeful performance is that the UK has been hit harder due to the importance to the economy of the CityBritain has slipped behind Brazil in the global economic league table. The...
View ArticleEconomists tell government: unleash Manchester's power
Report today suggests greater local control over tax revenue and a range of regional business incentivesStraws in the wind? Or more than that? Either way, there are certainly signs that the devolution...
View ArticleEd Miliband urges George Osborne to 'ease the squeeze' on families
Labour leader says reducing tax relief on pension contributions of highest earners could help fund reversal of tax credit cutsEd Miliband has thrown down the gauntlet to George Osborne to take action...
View ArticleEd Miliband: budget should help working families – video
The Labour leader says the chancellor, George Osborne, should reduce pressure on working families in his budget next week
View ArticleBudget negotiations go to wire as Clegg and Cameron fail to agree
Senior ministers will hold final budget meeting 48 hours before chancellor unveils plans in CommonsDavid Cameron and Nick Clegg are to take their negotiations on next week's budget down to the wire...
View ArticleSpain can survive its crisis – if its euro partners play their part | Luis...
Without help from its fellow Europeans the country could go into a Greece-style meltdownWhen Willem Buiter, Citigroup's chief economist, stated that Spain is at greater risk of default than ever...
View ArticleGeorge Osborne wants to tap into a world awash with money
The chancellor is pushing privatisation by attracting investment, expertise and management prowess from overseas – but the government could borrow to invest under its own coloursPrivatisation is an...
View ArticleBradford West result was symptom of UK's brutal north-south divide
Britain is not alone in having depressed regions, but nowhere else is the problem so big and the desire to fix it so smallYouth unemployment in Bradford is double the UK average. The city is the third...
View ArticleRegional pay for public-sector workers 'could increase union membership'
Independent pay experts warn that localised wage deals for public sector could lead to more confrontations over salariesSetting regional pay levels for public sector workers could increase trade union...
View ArticleLabour can't simply jeer at the Conservatives' weaknesses | Gaby Hinsliff
Bradford West showed too many people think too little changed under Labour. David Cameron isn't the only one out of touchSpare a thought for George Osborne next weekend, though of course it may not be...
View ArticleIndustrial policy and the regions: economics lessons from Bradford West |...
Both the Tories and Labour are paying a political price for the failure to rebalance Britain's economy across the regionsA clear and compelling link can be made between the rejection of mainstream...
View ArticleRDA closure leaves big questions for growth in the English Regions
The Government needs to speed up and connect its current mixture of regional initiatives, says Gordon Marsden MP. Labour's shadow minister for further education, skills and regional growth sets out his...
View Article