The lessons I learned from my week with Japan's power-brokers | Will Hutton
The new Bank of England governor should heed Japan's efforts in trying to emerge from its lost decadeMost of us, including many bankers, now agree that the last 25 years have been a dreadful mistake....
View ArticleFreezing inheritance tax thresholds will help fund social care for the elderly
Thousands more will pay the tax to fund version of Dilnot plan for universal state funding for elderly and social careThousands more people will pay inheritance tax to fund a watered-down version of...
View ArticleHorsemeat scandal exposes the cheap food imperative | John Harris
This ever-widening story cuts to the heart of how messed up our eating and shopping habits have becomeWhat do we know of the arcane processes and multinational supply chains that lie behind the modern...
View ArticleStudents must act, or watch university privatisation become irreversible |...
In the corridors of power, the idea of free education has in 10 years somehow become an almost unutterably radical demandAlmost exactly three years ago, on 6 February 2010, the National Campaign...
View ArticleJeremy Hunt's smoke and mirrors will not solve the care crisis | Polly Toynbee
His attempt at reform fails both economically and politically. Funded by inheritance tax, not even the Tory core supports itWhen a secretary of state announces that he is ending a social "scandal", you...
View ArticleUK inflation since 1948
Inflation in the UK has remained steady at 2.7% in January. Get the full data over time - and see how it compares with pay• Interactive inflation data explorer from Timetric• Get the data• More data...
View ArticleWonder at a poll showing a large Labour lead, then look at the big picture |...
A surprise Guardian/ICM poll had me bouncing up and down, but that polls are otherwise stable in troubled times is interesting tooYou occasionally hear politicos saying they don't pay attention to...
View ArticleBank of England expected to lower UK GDP growth forecasts
Sir Mervyn King set to paint grim picture of rising inflation and difficult economic conditions in latest quarterly forecastThe Bank of England is expected to downgrade its growth forecasts on...
View ArticleReal wages fall back to 2003 levels in UK
ONS figures show rising inflation combined with pay freezes means wages have been falling for three yearsThe real value of UK workers wages fell back to 2003 levels in 2012, following several years of...
View ArticleUK set for low GDP growth for at least two years, Bank of England warns
Inflation is forecast to remain above the central bank's 2% target until at least the end of 2015 – peaking at 3.2% later this yearBritain will suffer low growth and a squeeze on average incomes for at...
View ArticleNorth-east England's 'bounce back' is not all good news | Alex Snowdon
Many of the jobs replacing those lost from the public sector are part-time or low-paid. March on Saturday to reject a rotten dealEarlier this week the Financial Times reported good news, of a sort,...
View ArticleMissed inflation target chips away at Bank of England's credibility
The Bank remains fearful that any attempt to hit the inflation target would clobber an enfeebled economy – but if hitting the target is too difficult, why not move to one that is realistic?The message...
View ArticleBritain's low-wage economy serves as a bind on the country
With no increase in borrowing or exports the UK is unable to replicate the economies of Germany and the USIn the US it is an article of faith among rightwing economists that falling real wages are the...
View ArticleSteve Bell on Mervyn King - cartoon
Britain will suffer low growth and a squeeze on average incomes for at least another two years, the Bank of England warnedSteve Bell
View ArticleLiving standards: you've never had it so grim | Editorial
Families will be no better off in 2017 than they had been 20 years earlier, according to the Resolution FoundationFive years have passed since, in the ubiquitous but misleading phrase, the bubble...
View ArticleEd Miliband to blame David Cameron for declining British living standards
With Labour's opinion poll lead at a 12-year high, party leader prepares to make big speech tackling coalition's fiscal failingsEd Miliband is unusual in British politics, and it may be due to the...
View ArticleEd Miliband: next election will be fought on living standards
Labour leader says the Conservative squeeze on middle incomes has contributed to economic failure and no growthEd Miliband promises to make the 2015 general election a "living standards election" as he...
View ArticleLiving standards: do you feel squeezed? | Poll
With the value of wages falling, and yet more slow growth predicted, Ed Miliband has promised to make living standards the focus of his campaign in the 2015 election. Are you feeling the living...
View ArticleEd Miliband backs 10p lower rate of tax: Politics live blog
Andrew Sparrow's rolling coverage of all today's political developments as they happen, including Ed Miliband's speech on the economy and Sir John Major's speech on EuropeAndrew Sparrow
View ArticleEd Miliband pledges to bring back 10p tax band
Labour leader says abolition of rate in 2007 was a mistake and reintroduction would be funded by new mansion taxEd Miliband has promised to undo one of Gordon Brown's greatest mistakes by announcing...
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