Richest 62 people as wealthy as half world's population combined
Charity says only higher wages, crackdown on tax dodging and higher investment in public services can stop divide wideningThe vast and growing gap between rich and poor has been laid bare in a new...
View ArticleThe next financial crash is coming. Which way will the world turn? | Damian...
I used to think a rerun of 2008 would undoubtedly benefit the anti-capitalist left. Now I’m not so sureFive months ago this week, I invited some good-natured mockery by warning people that the only way...
View ArticleHow to boost British productivity and save the NHS all at once
Unipart boss John Neill reckons he has the answer to the UK’s industrial doldrums. So he’s off to Davos to tell everyone, George Osborne includedAs George Osborne heads down to breakfast in Davos this...
View ArticleOxfam: report shows 62 billionaires are as wealthy as half of world...
Nick Bryer, Oxfam’s head of UK policy, discusses a report published on Monday by the charity that shows that 62 billionaires are as wealthy as the poorest half of the world’s population put together,...
View ArticleWill Self: the NHS is a power that can jolt even the most despairing back to...
My Christmas night in A&E accompanying someone on a vodka bender brought home the reality of what we ask of our guardian angel health serviceI spent much of Christmas night in A&E at St Thomas’...
View ArticleBank of England governor Mark Carney rules out interest rate rise – video
In a speech at Queen Mary University of London on Tuesday, the Bank of England governor, Mark Carney, says there’s no reason to raise interest rates from their record low of 0.5%, given a collapse in...
View ArticleCameron and Corbyn clash at PMQs - Politics live
Rolling coverage of all the day’s political developments as they happen, including David Cameron and Jeremy Corbyn at PMQsUnemployment rate falls to lowest figure for a decadeMy snap PMQs...
View ArticleThe Bank of England is at risk of sleepwalking into a financial crisis |...
Commodity prices are falling, crude oil is tumbling, market confidence is crashing – the monetary policy committee‘s next move will probably be to cut interest ratesThe credibility of the monetary...
View ArticleUK unemployment falls but wage growth weakens
Jobless rate of 5.1% is lowest since 2006 but slowdown in pay growth likely to further delay any interest rate rise amid signs the UK recovery is cooling fastWage growth slowed in November to its...
View ArticleLabour backs employees' right to own shares in their workplace
Shadow chancellor John McDonnell will also advocate giving workers the first chance to buy a company that is being dissolved, sold or floatedLabour is examining ways to give workers a greater right to...
View ArticleNHS funding is falling behind European neighbours' average, research finds
King’s Fund study ranks UK 13th out of 15 original EU members and casts doubt on ministers’ claims they are giving the NHS generous cash settlementsBritain’s spending on its health service is falling...
View ArticleThe way to end prison privatization could be corporate incompetence | Chandra...
There is almost no function of the criminal justice system that hasn’t been sold to the highest bidder. We shouldn’t have to wait for failure for that to stopThere are only two parts of the American...
View ArticleSanity badly needed to rebalance the economy globally and in the UK | Letters
Isn’t it about time something serious was done about the global lottery that the various stock markets have become, where share trading is just an upmarket form of gambling (Panic selling grips markets...
View ArticleDavos is important but spare a thought for bedrock businesses back home
We need a renewed focus on fixing the fundamentals to create a business environment that supports continued expansionThis week the great and the good have converged on Davos for the annual World...
View ArticleAs we give up on saving, we give up on our future | Gaby Hinsliff
For millions of us, the idea of planning for the long term no longer makes sense. We’re living for the moment, and the implications are terrifyingOnce upon a time there was a Frenchwoman who made it...
View ArticleRetail data and borrowing figures pile pressure on George Osborne
But chancellor tells Davos he will stick to ‘plan A’ as March budget loomsGeorge Osborne’s hopes of riding out the global downturn suffered a twin blow after retail sales tumbled last month and his...
View ArticleBritain’s reliance on financial services spells trouble | Rachel Reeves
George Osborne’s failure to build a broader economy leaves us exposed to instability in ChinaThe last financial crisis demonstrated the impact that global market turbulence can have on the UK economy....
View ArticleShell’s plan to take over BG is still in the pipeline
Despite the plunging oil price, no one wants to rock the boat with the powerful Anglo-Dutch firmIt’s nine months since Shell announced it was buying BG Group in an agreed £47bn deal and almost...
View Article'Cheap' Google deal sets bad precedent, says tax expert
Richard Murphy worries that HMRC is set to repeat tax settlement with other multinationalsThe UK risks undermining an international clampdown on tax avoidance if it signs more deals like the agreement...
View ArticleHow would you pull a Big Short in 2016? | Paul Mason
The Oscar-nominated account of 2008’s financial collapse shows us the cunning of the men who profited from the sub-prime crash. So where will today’s mavericks be placing their bets?Last week saw news...
View Article