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UK heading for triple-dip recession as GDP shrinks 0.3% in fourth quarter
UK economy not expected to regain peak level for another two years – marking slowest recovery in a centuryBritain could be on course for its third recession in four years after the economy shrank 0.3%...
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Britain halfway to triple-dip recession as manufacturing sector stalls
Government aim of rebalancing economy away from financial services towards manufacturing appears to have founderedBritain is now halfway to an unprecedented triple-dip recession due to a stalled...
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George Osborne under pressure to tear up austerity programme
Boris Johnson calls on government to drop 'hair-shirt' agenda, while Lib Dems demand spending boostGeorge Osborne is under pressure to tear up his austerity programme after Boris Johnson called on the...
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Economy: Osborne's depression | Editorial
The chancellor took a modest recovery bequeathed him by Alistair Darling and snuffed it outThree words sum up Friday's news about Britain's economy: dismal, depressing and inevitable. Dismal, because...
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Osborne's economic strategy has failed | Larry Elliott
These GDP figures are a disaster for the coalition government – politically as well as economicallyThe strategy has failed. The public knows it. The International Monetary Fund knows it. The credit...
View ArticleMartin Rowson on Britain's fall in GDP - cartoon
The UK could be heading for a triple-dip recession as a manufacturing sector supposed to kickstart growth stallsMartin Rowson
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George Osborne's austerity plan 'risks lost decade' for UK economy
Top Goldman Sachs banker Jim O'Neill joins growing criticism of chancellor's pursuit of deficit reduction in face of stagnationGeorge Osborne should recognise that his deficit-reduction programme is...
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Douglas Alexander says David Cameron is putting Ukip fears ahead of economy
Shadow foreign secretary says PM is wrong to raise uncertainty about EU at time when UK needs investment and growthThe shadow foreign secretary, Douglas Alexander, has accused David Cameron of being...
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New Bank of England head Mark Carney hints at big shift in policy
Canadian drops strong hints of new approach at Davos as pressure increases on government over flatlining economyThe man hand-picked by George Osborne to run the Bank of England has fuelled speculation...
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Now even the right is focused on capitalism's flaws | Nick Cohen
Even some Tories are starting to accept that our free market model doesn't workIn March last year, Emmanuel Saez, a sober economist at the University of California, published a sensational analysis...
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Larry Elliott: the ultimate Davos debate
If you could construct the best panel at a World Economic Forum debate, this would be it. But what would they say about present problems? Read on …Imagine that you could construct the ultimate Davos...
View ArticleNick Clegg: we will 'absolutely not change course' - video
Nick Clegg discusses the EU referendum and economic policy on BBC1's Andrew Marr Show on Sunday
View ArticleMartin Rowson on George Osborne and the 'spare bedroom tax' – cartoon
In April many low-income families and disabled people will be forced to move or face more cutsMartin Rowson
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Could the Tories' plan for re-election in 2015 cost just 10p? | Gavin Kelly
A new tax band might entice hard-hit voters to look again at the party, and would be billed as righting a Labour wrongMight something new be stirring on the right of politics in relation to the plight...
View ArticleHS2 route unveiled: Nick Clegg in 'listening mode' — video
The deputy prime minister says the HS2 high-speed rail project will heal the UK's north-south economic divide
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Britain's trade deficit as worrying as its budget deficit | Larry Elliott
In the past, a 25% depreciation in sterling would have been sufficient to boost exports, limit imports and turn the trade figures around – not this timeBritain runs two big deficits – a budget deficit...
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Britain's shrinking economy: why the level of debate is farcical | Aditya...
Armando Iannucci's 'paper houses' comedy sketch offers a great insight into Britain's economic crisisWhen the news came in last Friday that the British economy was shrinking yet again, I slogged...
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Treasury committee questions Osborne over role of autumn statement
MPs say chancellor has continued to use statement like a second budget, an approach favoured by LabourGeorge Osborne should make good on his pledge to make the spring budget the date when tax decisions...
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Proposals to allow councils to raise local taxes rejected by Eric Pickles
All-party proposals for local taxation powers had been developed as part of attempt to free local government up from WhitehallEric Pickles yesterday rejected proposals from local government and an...
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Beware Eric Pickles' quiet revolution | Richard Seymour
The Tories say they are devolving power to local authorities but real democracy doesn't lie in treating citizens as consumersEric Pickles, the communities secretary, urges local councils to "man up"...
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