Election 2015 - how the markets will react on Friday
The markets usually fear change but no big majority at Westminster means no big changes - gridlock is good, it seems, but not for too longBritain’s financial markets are preparing for gridlock on...
View ArticleBritain needs a real manifesto for growth
Pessimists say that governments can do nothing to help economic growth - they are wrongAs voters go to the polls in a knife-edge election, Labour’s popularity on the NHS is counter-balanced by the...
View ArticleThe Guardian view on the challenges ahead: the deficit is only part of the...
How domestic politics deals with the pressures of the global economy will decide the success of the next governmentThis is the moment to be bold. Governments do not need full coffers to embark on the...
View ArticleThis 8 May is the beginning of the end of British politics as we know it |...
The certainties of the postwar myths that Churchill’s wartime leadership and his coalition government made possible have fallen away: it’s an irrevocable momentThere is a new political landscape in...
View ArticleHandwringing and hopes as David Cameron returns to Downing Street | Letters
As a Glasgow resident I am hearing a lot of talk about the collapse of Labour in Scotland. This is secondary. The fact the Tories have a majority when they have campaigned on £12bn of unspecified...
View ArticleConservatives' election win met with relief by the City
After lifting of fears that Labour would impose mansion tax and 50% tax rate, there was a boost for the FTSE 100, sterling and estate agents in LondonShares, sterling and demand for multimillion-pound...
View ArticleElection 2015: Beware taking on the predators … and the property market
Labour suffered mightily from its efforts to challenge vested interests. But it should remember from 2008 that pro-market complacency cost it dearly tooLondon’s upmarket estate agents could barely...
View ArticleOprah Winfrey: one of the world's best neoliberal capitalist thinkers
Oprah is appealing because her stories hide the role of political, economic and social structures in our lives. They make the American dream seem attainableIn Oprah Winfrey lore, one particular story...
View ArticleWhat now for Labour? Attack the Tories on austerity, then tackle electoral...
The party must take back the argument on the economy, expose the Conservative threat to social cohesion and lead the debate on the future of our democracyThe new government has been elected on the most...
View ArticleBrexit – what would happen if Britain left the EU?
Growth, trade, immigration, jobs, diplomacy: what would the impact be if a 2017 referendum pushed UK towards the exit?David Cameron’s electoral triumph has brought the prospect of a British withdrawal...
View ArticleUK wages: long-awaited pay boom kept back by poor productivity
A significant forecast rise in wages is now looking overly optimistic – the shift towards lower-paying jobs has largely seen to thatThe UK’s employment statistics are unambiguously encouraging....
View ArticleJim O'Neill gains peerage and ministerial role in Treasury team
The former Goldman Sachs economist, who becomes George Osborne’s commercial secretary, will be made a Conservative life peer Jim O’Neill, the former Goldman Sachs chief economist who coined the phrase...
View ArticleGeorge Osborne calls emergency July budget to reveal next wave of austerity
Chancellor promises a ‘budget for working people’, which will also spell out how the Conservatives will cut £12bn from Britain’s welfare billGeorge Osborne will reveal how the government plans to cut...
View ArticleNorthern powerhouse plan prompts fears smaller cities will miss out
The chancellor’s focus on Manchester and other large urban areas has raised concern that benefits of the scheme will be unevenly spread across the regionWhen George Osborne picked Manchester to make...
View ArticleLabour leadership election: which candidates have what it takes to head the...
In the post-Miliband era, the new Labour leader will have to ‘speak human’ appeal to ‘John Lewis voters’, be a ‘friend of the north’, be trusted with the economy – and have some charisma. So how do...
View ArticleOne-nation Conservatism? Not under George Osborne
After a parliament, and a campaign, that fostered grievance and social division, the government’s post-election rhetoric rings very hollowWe have in this country a first-past-the-post voting system,...
View ArticleAs the UK has discovered, there is no postindustrial promised land
In the 1950s, every region of Britain had industrial clout. Then came postindustrialism, a disastrous intellectual fad that has proved to be no substitute for advanced manufacturingAnyone puzzled by...
View ArticleLabour did not cause the economic crisis – it must counter the myth that it...
The Tories pulled a fast one in convincing the public of Labour’s financial recklessness – the party’s next leader must expose this egregious claimThe first priority of the next Labour leader should be...
View ArticleLabour deserves economic credit where it’s due | Letters
Before they indulge in any further parroting of the Tory mantra that Labour overspent (Report, 16 May), perhaps the Labour leadership candidates could ask the House of Commons library for a breakdown...
View ArticleTories vow to slash 'burdensome' red tape for business by £10bn
Sajid Javid, who replaced Vince Cable as business secretary, will also unveil plans to create 2m jobs over next five years in new enterprise billThe new business secretary Sajid Javid is to pledge to...
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