The gathering financial storm is just one effect of corporate power unbound |...
Governments are liberating global corporations from the rule of law and leaving them to rip the world apartWhat have governments learned from the financial crisis? I could write a column spelling it...
View ArticleGeorge Osborne can find £4.4bn without cutting tax credits, says thinktank
Resolution Foundation says chancellor should abandon politically damaging cuts and meet target by adjusting taxation and pension thresholdsGeorge Osborne should abandon his planned cuts to tax credits...
View ArticleBritish exports have boomed under EU trade deals, say campaigners
Pro-EU campaign points to 104% increase in trade to South Korea as it challenges claim UK could negotiate better aloneBritish trade to countries that have deals with the EU has increased dramatically,...
View ArticleThe Guardian view on George Osborne: the creditable case for changing course...
There is no use the chancellor pretending Britain is already a high-pay economy. He should embark on deep reforms for the future – while maintaining tax credits for nowSeven years on from the crisis,...
View ArticleEurostar sold off despite ministers believing its value would rise – report
National Audit Office says government wanted to offload 40% share in London-Paris train service before general electionBritain’s stake in Eurostar was sold for £757m even though the government believed...
View ArticleBank of England deputy governor says focus on date of rate rise is misleading
Nemat Shafik says people should concentrate on economic path being taken in UK rather than fixating on when exactly interest rates will go upKnowing precisely when interest rates will rise is not what...
View ArticleBritain's latest industrial figures give chancellor a boost
Data showing factory output has increased and trade deficit has been reduced will make George Osborne smile in runup to autumn statementGeorge Osborne has received some good news before this month’s...
View ArticleGhosts of crashes past still haunt this consumer Christmas
The narrative of economic recovery seems to promise a seasonal retail bonanza. But, as the Bank of England recognises, things are not as festive as they appearBritain’s retailers are hanging out the...
View ArticleThe economics of scale: how housing became Britain’s biggest political issue...
Postwar policy has given way to a property price spiral that has separated communities like a great social centrifugeHow much domestic space do you need for a decent life? It’s a deeply political...
View ArticleSteel crisis: UK business secretary to meet EU ministers
Industry wants Sajid Javid to press for swift action to stop the alleged dumping of cheap Chinese steel in EuropeThe UK steel industry and unions have called on the business secretary to press for...
View ArticleInside the Bank of England | Jill Treanor and Larry Elliott
Since the crash, it has become more powerful than ever, but has the Bank got any better at spotting trouble? Larry Elliott and Jill Treanor are granted extraordinary access to this secretive...
View ArticleFriction is now between global financial elite and the rest of us
The anger and frustration felt by hard-working people who have seen their wages and job security steadily diminish is fuelling a populist revolt against the political establishmentThe standard...
View ArticleSlashing science spending is false economy, warns Chuka Umunna
Labour’s former business spokesman says government risks ‘cutting off its nose to spite its face’ if it raids grants that support productivity in spending reviewThe government will “cut off its nose to...
View ArticleKen Clarke laments 'impossible constraint' placed on chancellors
Former chancellor says politicians under increasing pressure not to raise taxes because public is overwhelmingly against it The inability to raise revenues and the ease with which the ultra rich can...
View ArticleThe Guardian view on austerity strategy: time for George Osborne to be...
The chancellor should pay heed to his predecessors at the Treasury – and to the doubts of his own MPsIt is neither an original nor a controversial observation that families trapped in poverty might be...
View ArticleTeam McDonnell: shadow chancellor to meet advisers Stiglitz and Piketty
Labour’s elite team of economic advisers, which includes Nobel prize winner and rock star academic, to meet in run-up to Conservative autumn statementJohn McDonnell’s team of economic advisers is to...
View ArticleThe Guardian view on Mr Modi’s UK visit: over the top | Editorial
Narendra Modi and David Cameron are playing politics in a globalised worldLong ago there were two countries whose destinies were intertwined by history. Britain’s rule helped make India into a modern...
View ArticleThe huge financial inequality will only be fixed by reform | the big issue
‘In such a fix, can there really be no clash between left and right?’A few people, mostly men, have managed to get disproportionately rich in a globalising market and may now bend rules or move goals...
View ArticleA stiff letter to the council won’t stave off David Cameron’s next crisis
The sight of the PM complaining about cuts is remarkable. But it underlines how misguided the Tories’ appraisal is of the real threats to the economyYou could not make it up. Our ultra-smooth prime...
View ArticleIt's time to force companies to unlock cash piles
Corporate short-term thinking is holding back investment - governments need to step in nowTrillions of dollars, pounds, euros and yen are stuck in the global financial system with seemingly nowhere to...
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