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Economists expect UK to lose AAA credit rating

At least one of the three main credit ratings agencies expected to downgrade UK's status as experts predict tough 2013Britain is expected to lose its AAA credit rating this year, dealing a blow to...

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Bank bailout loses taxpayers £23bn

Loss on stakes in RBS and Lloyds illustrates difficulty government faces in trying to make profits from shares sell-offTaxpayers will end 2012 with a £23bn loss on their stakes in Royal Bank of...

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Phil Disley on the Tories' 2013 economic difficulties – cartoon

David Cameron's coalition has another shaky year in storePhil Disley

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Iain Duncan Smith: universally challenged

It is unwise to stake a political reputation on an IT system, and one anonymous cabinet minister is already calling universal credit 'a disaster waiting to happen'Is Iain Duncan Smith trying to change...

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Letters: City challenge

Your editorial (31 December) noted that the prime minister had little of economic substance to say in his new year's message. This is even though people across the country are becoming increasingly...

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UK economy could face 'groundhog' year as morale stays low

Policymakers have little idea how to boost growth, warns Institute for Public Policy Research thinktankThe UK economy could suffer a "groundhog year" in 2013, a left-of-centre thinktank has warned,...

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David Cameron sets free trade agreement as his G8 priority

PM to push for Europe-US deal despite problems of past muted response in Washington and his vulnerable position in the EUDavid Cameron has made the establishment of a free trade agreement between...

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Miliband and Balls yet to earn voters' trust on the economy, says Mandelson

New Labour grandee warns that 'lowering trust in Labour's fiscal credentials remains the Tories' main aim'Labour's leadership still need to convince voters that they can be trusted on the economy...

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Let the poor spend big business's cash pile | Stewart Lansley

Think of it as an emergency transfusion, transferring idle money to where it can help those in need – and revive the economyWith another year of stagnation staring us in the face, it is now time to...

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Labour now has the chance to paint a bigger economic picture | Emma Burnell

Nick Clegg's 'so what would you cut?' is both too old an attack to have resonance and asked too early to have meaningNick Clegg is asking the wrong question of Labour. In an article in the Times...

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What might a world without work look like? | Nina Power

As ideas of employment become more obscure and desperate, 2013 is the perfect time to ask what it means to live without itA few months before the financial crash hit, the National Lottery issued a new...

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Labour proposes 'tough but fair' jobs and welfare scheme

Working reforms will introduce job guarantee plan for long-term claimants over 25, announces Ed BallsLabour will move to protect itself from the politically damaging charge that it is soft on welfare...

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It wasn't Labour who spent too much, it was the banks. How did we forget...

It's only five years since the financial crisis broke, and already the truth of why it happened has been rewrittenThe New Year, apparently, is not going to be "happy" after all. According to David...

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Child benefit reforms under fire as parents fail to opt out

Most families who will lose all of their benefit under changes coming in on Monday have not taken step to stop paymentsLess than a fifth of the 1.1 million families who will lose all their child...

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Britain's intellectual powerhouses must not become the preserve of the...

Without public support for postgraduate research, our universities – and the knowledge economy – will sufferBritain has great universities. We have disproportionately more than any other country, given...

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Hard-working families are picking up the bill for George Osborne's failure |...

The Conservatives have stifled recovery, and now they are hitting hard-pressed wage earners with a cost-of-living crisis and cuts to benefits and tax creditsWe ended 2012 with the chancellor setting...

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Triple-dip recession will give the Tories a massive electoral headache

George Osborne's window of opportunity to revive the British economy in time for 2015 is rapidly closingTime is starting to run out for George Osborne. Two years from now, Britain will be gearing up...

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Fix infrastructure, don't fund flagship projects

There is evidence on both sides of the Atlantic that repairs are a far better use of public money than new constructionKnives are being sharpened. Lips are being licked. George Osborne's political...

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Making crime pay – how the Tories can save the economy | Duncan Campbell

Charging prisoners for a night in the cells is a start. But let's round up hoorays for a spell in five-star Hotel DartmoorLast week the newly elected police and crime commissioner for Hertfordshire,...

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NHS being 'atomised' by expansion of private sector's role, say doctors

Over 100 healthcare firms to be allowed to provide basic care, prompting fears local hospital services may go out of businessMore than 100 private firms will be paid by the NHS to treat patients as a...

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