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Michael Heseltine's on the right road – so who's going to take it? | Martin...

The Treasury must hate the maverick former minister's report, but it should realise his ideas have deep Tory rootsMichael Heseltine's report on growth yesterday brought a bright shaft of old-time star...

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CBI: slow growth will last years

Leading business organisation rules out Japan-style 'lost decade' but says Britain must get used to 'a new normal'Britain's leading employers' organisation has warned of a "new normal" of lacklustre...

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EU budget rebellion: David Cameron is now stuck in a corner | Paul Goodman

In the process of trying to dampen the revolt, the prime minister merely inflamed it further. It's typical of his European policyDavid Cameron was beaten by his backbenchers on the EU budget even...

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Politics Weekly podcast: Government defeated over EU budget

David Cameron suffered the most significant defeat of his premiership this week when his government lost a Commons vote on the EU budget. Eurosceptic Conservatives joined the Labour party to vote for a...

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The EU budget needs to be increased, not cut or frozen | John Palmer

When it comes to the EU budget, political discourse quickly reverts to the most basic and ill-informed populismThe debate in the House of Commons on Wednesday night saw a united front of Eurosceptic...

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Letters: Scepticism over Labour's position on the EU budget

Your editorial (1 November) wrongly accuses Labour of "jockeying" with the Tories to gain the Eurosceptic advantage". It is wrong because it rests on a rather lazy assumption – one most often made by...

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Labour, you've made your point about the EU – now make the case for it |...

In tough times it is only right that the EU budget be trimmed, but the left must never forget the benefits of membershipPolitics is often a rough trade, everyone knows it and the public despises its...

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Bank of England governance defective, says MP

Three reports published but Bank yet to produce comprehensive review of its role in financial crisis, says Andrew TyrieThe chairman of a parliamentary committee has accused the Bank of England of...

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FSA chief Lord Turner calls for new thinking to beat financial crisis

Candidate for next Bank of England governor warns QE and low interest rates may not be workingNew government ways of boosting the economy must be found if the current Bank of England stimulus proves...

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Britain's creative edge is at risk | Nicholas Serota

Arts are vital to the UK economy. To downgrade their status in schools shows a dangerous lack of imaginationThere are more than 15 million children and young people in the UK below the age of 20. They...

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Wet or dry, Lord Heseltine can't change the economic weather

The outspoken former minister's report is, like the man himself, a breath of fresh air. But in his 89 recommendations, there is little that addresses the main problem: acute lack of demandMichael...

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As M&S and Experian look to foreign climes, the experts are all at sea (again)

On the agenda this week: retailer and credit agency ponder international expansion, while growth in the economy wrongfoots the policy analystsThere's an old joke, currently being aimed at Marks &...

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The UK economy can still create jobs | Geoff Mulgan

Traditional employers are shedding staff, but there will be major growth areas. Britain has to start making the most of themOn both sides of the Atlantic there's precious little sign of confidence in...

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Green economy is on the rise – but remains to be fully exploited

Despite the sector now accounting for 8% of UK GDP, many are surprised that more is not being done to capitalise on its successGreen jobs and the growing ranks of green businesses are one of the few...

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Kalle Lasn: the man who inspired the Occupy movement

For more than 20 years, Adbusters magazine has been visually subverting capitalism. Its founder and editor outlines his radical new manifestoView a gallery of images from the Kalle Lasn/Adbusters book...

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UK and Germany agree crackdown on tax loopholes for multinationals

George Osborne and Wolfgang Schäuble tackle 'profit shifting' in light of Starbucks controversyGeorge Osborne, the chancellor, has joined forces with the German finance minister, Wolfgang Schäuble, to...

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The living wage tide is turning, but it's not enough | Polly Toynbee

Paying the minimum required for survival is only part of the cure for Britain's dangerous levels of inequalityThe living wage has been uprated by the Joseph Rowntree Foundation. The least a family...

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Lord Heseltine's vision had already been rejected by Osborne

Proposals from Lord Heseltine for devolution of money and power to the regions will receive short shrift from the governmentSenior government ministers had already answered a central thrust of Lord...

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EU budget watchdog says funds were wasted last year

Court of auditors criticises administration of EU budget for 18th year in a row, as Cameron prepares for bad-tempered summitAn EU watchdog has failed to give the union's budget a clean bill of health,...

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Co-ops help bring economics back to the people | Hilary Wainwright and...

As disillusionment with capitalism sets in, the co-operative movement is offering alternatives to the profit-driven modelWith capitalism stuck in the mire, alternatives are starting to become...

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