John McDonnell to pledge new economics in Labour conference speech
Shadow chancellor plans broader remit for Bank of England and will say he understands need to bring deficit under controlJohn McDonnell, the shadow chancellor, will promise to match Jeremy Corbyn’s new...
View ArticleWhat if we've reached peak globalisation?
With world trade contracting, the UK will need to promote renewables to reduce import dependency and boost regional economic growthWorld trade has fallen by its largest amount since the financial...
View ArticleLabour 'will make Google, Starbucks and Amazon pay fair tax share'
Shadow chancellor John McDonnell lays out plans to cut deficit by targeting corporate tax avoidance and increasing taxes on richLabour will launch an “aggressive” attack on Starbucks, Vodafone, Amazon...
View ArticleI’m glad Corbyn is challenging handouts to business. It’s time to unpick...
My £93bn price tag on corporate welfare has been much misunderstood. We need a full audit of exactly how much taxpayers help British businesses do businessI am the person behind the second most-debated...
View ArticleJohn McDonnell offers different economic tack without sounding scary
Shadow chancellor aims to differentiate not just between Labour and the Tories, but between Corbyn Labour and Miliband LabourThere were no jokes. There was no all-out onslaught on capitalism. It was...
View ArticleJohn McDonnell speech: what he said, and what he meant
The shadow chancellor took clear aim at the Tories, big business and austerity in his Labour conference speech, but what were his other messages?Continue reading...
View ArticleRedcar steel plant to close with 1,700 job losses
Thai-owned company will shut Teesside plant indefinitely after sharp falls in steel prices One of the UK’s biggest steelmaking plants, at Redcar on Teesside, is to stop production after nearly 100...
View ArticleGuardian Labour fringe: What focus groups say about Jeremy Corbyn - Politics...
Rolling coverage of all the day’s events at the Labour conference in Brighton, including John McDonnell’s speech on the economyJohn McDonnell’s morning interviews - Full summaryMcDonnell’s speech -...
View ArticleThe Guardian view on Labour’s economic policy: careful words, bold intent |...
His speech raised some questions, but the shadow chancellor set out a refreshing alternativeThe many enemies of Jeremy Corbyn dismiss his appeal as hopeless nostalgia or futile rage. But the chief...
View ArticleJeremy Corbyn's first speech as leader at Labour conference - as it happened
Rolling coverage of the Labour conference in Brighton, including Jeremy Corbyn’s speechLabour firms up its support for rail nationalisationExtracts from Jeremy Corbyn’s speechCorbyn’s speech - Snap...
View ArticleCarney warns of risks from climate change 'tragedy of the horizon'
Bank of England governor tells Lloyd’s insurers that ‘challenges currently posed by climate change pale in significance compared with what might come’Mark Carney, the governor of the Bank of England,...
View ArticleWhy Osborne may override his austerity agenda to track down missing tax
Labour’s focus on uncollected tax is an idea the chancellor might well pinch at next week’s Tory conference. But it would upset his chums in the TreasuryNext week, at the Tory party conference in...
View ArticleNumber of UK workers on minimum wage expected to double by 2020
Study predicts that raising statutory pay floor will lead to sharp increase in proportion of people whose wages are set by the stateThe number of employees earning the minimum wage will double to more...
View ArticleLabour's mixed messages on austerity risk falling into Osborne's trap
Most economists support Labour opposition to the ‘economically illiterate’ fiscal charter. John McDonnell and Jeremy Corbyn should frame a clear alternative to austerity, as promised, not...
View ArticleLife on monetary policy committee is easy: turn up, listen, do nothing
The last interest rate move was in 2009 and nothing at the Bank of England suggests this will change soon – but expect something exciting to happen by late 2016Being a member of the Bank of England’s...
View ArticleLloyds share sale: 120,000 investors sign up with investment firm
Hargreaves Lansdown says high interest in discounted sell-off is down to banking group’s broad appealMore than 120,000 investors have registered for the government’s £2bn sell-off of shares in Lloyds...
View ArticleLloyds bank share sale: 250,000 register on government website
Figure dwarfs level of interest in Royal Mail sale as Treasury reduces size of state stake in bank to 11%Around 250,000 people have registered to buy shares in Lloyds Banking Group, the government said...
View ArticleWhy the centuries-old Ordnance Survey is still going places
Rumoured to be heading for George Osborne’s sell-off list, the mapping agency has plotted a route through the digital age to remain a unique asset On a housing estate in Southampton, surveyor Alyson...
View ArticleOsborne sounds global economy warning but downplays China jitters
Chancellor tells IMF meeting that Britain is not immune from rising global economic risks as he hails China’s ‘enormous’ contribution to growthGlobal economic risks are rising and Britain will not be...
View ArticleThe world economic order is collapsing and this time there seems no way out |...
The refugee crisis is paralleled by the savage fallout from a global financial system running out of controlEurope has seen nothing like this for 70 years – the visible expression of a world where...
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