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Royal Mail sale: ministers set to go where Thatcher feared to tread

Business minister Michael Fallon says privatisation of postal service is a 'practical, logical, commercial decision'Business minister Michael Fallon has fired the starting gun on a £3bn privatisation...

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Austerity kills, economists warn

New book points to devastating effects on health in Europe and US of government cutsGeorge Osborne, look away now: a new book claims it is seriously bad for our health, and that cutbacks have already...

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John Graves' Sheffield legacy is a great example of civic responsibility

Shared assets like parks and civic buildings assign a value to all citizens, not just the donor; that's why we should think twice before disposing of assets created for public benefitIt's hard to spend...

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How to demonise and demoralise jobseekers in one meaningless test | Steve Walker

Giving a mother with poor literacy skills little time to do pointless tasks or face 'sanction' is deeply unethicalWe now have evidence that some sections of society really are regarded as less valuable...

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George Osborne warns Bank of England over economic recovery plans

Chancellor tells Sir Mervyn King that financial policy committee must consider impact of its actions over bank capitalGeorge Osborne has warned the Bank of England that it risks derailing Britain's...

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Jeremy Hunt insists health budget is safe

Health secretary claims top-level support against budget raids as ministers submit offers of departmental cuts to TreasuryJeremy Hunt, the health secretary, is confidently claiming the support of both...

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Ed Miliband will fail if he locks himself into Tory austerity | Seumas Milne

Falling living standards make Labour favourite to win the next election. It needs policies to match the scale of the crisisWithout an early economic turnaround or a Labour implosion, Ed Miliband is...

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From welfare to wages, women fight back against the uncaring market | Selma...

The welfare state is the latest victim of the market's corruption of all it touches. Fighting like hell is the only optionIt's almost unbearable to wake up to a world in which the welfare state that...

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UK cuts less severe than those of US, France and Spain, says Nick Clegg

Deputy PM says UK austerity measures are 'not as remorseless, rigid and dogmatic as some of our critics suggest'The coalition has a more flexible and measured deficit reduction plan than the Americans,...

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Endless growth will not deliver a healthy economy | Andrew Simms

The UK must seize this opportunity to create an economy that can flourish without addiction to relentless expansionTo judge the health of the economy by whether growth rises or falls by a fraction of...

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When is a recession not a recession? | Heather Stewart

ONS number crunchers now argue the three quarters of declining GDP in 2011/2012 may not have made a double dipWhen is a recession not a recession? According to the Office for National Statistics, when...

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Letters: Investment is the key to recovery

Polly Toynbee (Labour's golden policy key? Build, build and build more, 30 April) highlights Labour's problem in talking about borrowing. They should take head-on the Tory myth that too much borrowing...

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We know spending on the arts makes big money for Britain. So why cut it? |...

Whingeing luvvies are easily mocked but it just doesn't make sense to give way to this purblind, anti-cultural biasA reason to be cheerful: Britain is exceptionally good at some things. With a dead...

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UK service sector grows faster than expected

Forecast-beating Markit/CIPS PMI results boost hopes economy got off to steady start in second quarterHopes that Britain's economy could be stabilising have been bolstered by data showing that services...

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George Osborne to tell IMF that austerity U-turn would do damage

Chancellor is determined to resist pressure for greater boosts to growth in talks this week, arguing harm would outweigh benefitsGeorge Osborne will warn the International Monetary Fund that a U-turn...

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Vince Cable: Consider RBS break-up to increase banking competition

Business secretary speaks out against rush to sell bailed-out bank, saying it could be used to make sector more competitiveThe business secretary, Vince Cable, is urging the chancellor to consider...

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Double dip? The economy is lurching in and out of potholes

Britain is in a depression. Cuts won't cure it. And there's so much we could be spending money onThe government and the nation desperately require a Plan B. If our obstinate chancellor is not prepared...

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Are the UK growth pessimists right?

Past five years appear to be a dress rehearsal for future: smaller economy, falling living standards, austerity and fed up votersSince the start of the crisis five years ago, mainstream economics has...

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Royal mail sale is sign of Conservatives' desperation, says Labour

Chuka Umunna, shadow business secretary warns the £3bn sale of the postal service could lead to sub-standard servicesLabour has accused the government of desperately pushing ahead with the £3bn "fire...

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Paul Krugman's call to arms against austerity

An interview with the Nobel prize-winning economist, whose book roundly attacks the 'delusional' deficit-reduction strategyPaul Krugman has just passed the landmark 1 million followers on Twitter. Not...

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