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For once, Osborne is right: the economy is going to take longer to heal
By doing what the business lobby asked, the chancellor has ensured that the age of austerity will continue for yearsGeorge Osborne is in good company when he argues the economy is going to take longer...
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Scotland's Tory leader has got her sums very wrong on the economy | Stephen Boyd
Ruth Davidson's claim that only 12% of Scottish households 'make a net contribution' is grossly misleading and inaccurateIt is not uncommon to find statistics of dubious quality presented to party...
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For these one-term Tories a shrunken state is the prize | Polly Toynbee
Devil-may-care Osborne cuts with an eye to his ideological legacy, while growth evaporates and misery flourishesAt ease in a party gripped by conviction, the chancellor spoke with candour: "Beneath the...
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Austerity will continue, says David Cameron, despite IMF deficit warning
Prime minister says there is no 'plan B' despite IMF warnings that Britain will miss deficit reduction targetsDavid Cameron has made clear that the government has no intention of easing up on its...
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George Osborne's shares-for-rights scheme doesn't add up | Simon Caulkin
This idea is absurd. Greater protection improves performance, and UK workers already have relatively poor protectionThe equation is simple. Companies that treat employees well are more productive and...
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Virgin Trains in talks with government over future of west coast mainline
Transport secretary reiterates his commitment to keeping lucrative London to Scotland line in private handsVirgin Trains and the Department for Transport have been locked in talks over the immediate...
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Our book isn't about a 'sink or swim' Britain | Dominic Raab
Jon Cruddas's analysis of Britannia Unchained merely tries to shoehorn us into his own prejudicesIn his review, Labour MP Jon Cruddas criticises the book Britannia Unchained as "extreme", "destructive"...
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We need an iconoclast to lead the Bank of England | Simon Jenkins
Central bankers are acting like allied commanders at the Battle of the Somme. Adair Turner would be a breath of fresh airHow to wreck Adair Turner's chances of becoming next governor of the Bank of...
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Banks should have had a leverage cap before crash, says Mervyn King
Bank of England governor backs Vickers commission's stricter cap, while IMF warns of capital flight as eurozone crisis drags onThe Bank of England could only have staved off the "great recession" of...
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MPs launch quantitative easing inquiry
Treasury select committee to investigate whether Bank of England's QE policy has made some people worse offMPs are to launch an inquiry into the government's decision to pump £375bn of new money into...
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A better way to tackle colossal, growing pay inequality | Michael Meacher
'Predistribution' is tricky to implement – how about a council of representatives of all a company's main grades deciding on pay?The conference season has spawned a new buzzword, but how would it work?...
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David Cameron: one statesman, two nations | Editorial
His argument that the slump is at heart a public debt crisis, as opposed to a wider malaise, is badly awryA serious man for serious times was the pose, and it was the shrewdest option available for...
View ArticleDo Mitt Romney's sums add up? – video
Economists Kevin Gallagher of Boston University and Richard B Freeman of Harvard discuss the Republican candidate's five-point plan with economics editor Larry ElliottLaurence TophamLarry Elliott
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FSA chief Lord Turner calls for new ideas to kickstart economy
FSA chief pitches for governor of the Bank of England as he distances himself from errors that led to 2008 crisisLord Turner, chairman of the Financial Services Authority, has called for policymakers...
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The week I shed my anti-Tory taboos | Nick Cohen
There are often as many differences within right and left as between them about the big issues – except oneIf the Observer had sent me to a Conservative party conference 20 years ago, I'd have written...
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George Osborne is still in denial over his failing strategy
The IMF's downgrade of its forecast for Britain shows how reckless it is for the chancellor to press on with austerityThere's nothing like a long-haul flight to give you time to think. So with his...
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UK economy is growing at last, says Ernst & Young
Forecast based on upturn in spending will not be enough to prevent a 0.2% fall in GDP for 2012 as a wholeBritain will return to growth in the second half of the year thanks to a rise in consumer...
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Community finance: social loans for your social enterprise
Let's work together to scale up community finance so that every social enterprise can benefit, says CDFI expert Ben HughesWith £145m lent to social ventures last year, Community Development Finance...
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Towards a no-growth future
It used to be economic heresy – but there's a rising wave of opinion that growth is really not sustainableIn orthodox economics, growth is good. At Davos this year, 35 sessions dealt with how to...
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The graph that shows how far David Cameron wants to shrink the state | Aditya...
If the Tories get their way, within five years the UK will have a smaller public sector than any major developed nationThis column is normally accompanied by a photo; an illustration that takes its cue...
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