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Britain faces at least two 'austerity elections', says thinktank
IFS says winner of 2015 election will have to impose £23bn cuts because chancellor's deficit reduction has been blown off courseBritain faces at least two consecutive austerity general elections in...
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G8 summit: less drama in Fermanagh
The big question people are asking their elites is who is going to foot the bill for the banking crisis and its economic aftermathAs unlikely-sounding hybrids go, a fun protest against hunger in the...
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Unthinkable? Sir Stafford Balls
Ed Balls may need to remodel himself on the lines of the Labour chancellor of whom it has been said: 'His reputation hinged on one inescapable word, austerity'If Ed Balls is hoping, as his speech this...
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Immigration opposition falls when told about benefits, survey shows
Poll finds number drops when told government's financial watchdog believes higher immigration will help economy growOpposition to immigration drops when people are told about the economic benefits of...
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Incoherent EU economic policy won't deliver a swift recovery
Europe's policymakers have declared austerity dead, and pinned hopes on structural reform. Trouble is, it takes decades to workWhatever the Eurosceptics may say, presidents of the European commission...
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Osborne urged to distribute RBS and Lloyds shares among voters
Government stake should be sold off using scheme in which those who apply pay for shares at later date, says thinktankGeorge Osborne will be urged on Monday to fire the starting gun on a sell-off of...
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This cosy Surrey-Oxbridge link exposes Britain's geographical apartheid |...
University data confounds the post-Thatcher myth of progress – in fact the UK's social and economic divisions are growing widerThe news that Surrey contained almost as many successful Oxbridge...
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Neoliberalism has hijacked our vocabulary | Doreen Massey
'Customer'; 'growth'; 'investment'. We should scrutinise the everyday language that shapes how we think about the economyAt a recent art exhibition I engaged in an interesting conversation with one of...
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Ukip support falls back but main parties remain weak on economy
Guardian/ICM poll finds Ukip down six points but Labour and Tory leadership both polling badly on economic competenceUkip has fallen back from the giddying heights it reached after May's council...
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G8 summit success relies on hard graft, not self-congratulatory back patting
Lack of ambition and a failure to tackle problems in areas such as trade and climate change have given rise to scepticismLast year it was Barack Obama's turn; next year it will be Vladimir Putin's. But...
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Wage cuts for British workers deepest since records began, IFS shows
Thinktank says employees have sacrificed pay to keep their jobs during the 'longest and deepest' slump in a centuryBritain's workers have suffered more financial pain since 2008 than in any five-year...
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UK workers watch helplessly as inflation outstrips wage growth | Heather Stewart
Despite the latest encouraging jobs figures, an economy where earnings have failed to keep pace with inflation for 40 straight months shows little reason for optimismWednesday's jobs figures contained...
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The politics of full employment are the progressive answer to austerity |...
Full employment is not fantasy economics, but debate is squashed by economic complacency and fatalismA Labour leadership striving to re-earn the electorate's trust in its capacity to manage the public...
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George Osborne's raid on QE proceeds rejected by statistics watchdog
Move to count £35bn from quantitative easing against deficit 'might have been influenced by presentational considerations'George Osborne's move to bring the £35bn proceeds of the Bank of England's...
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Government denies First Great Western franchise talks are in limbo
Department for Transport says state rail operator's preparations to take over line are 'sensible contingency measure'The government has denied claims that franchise extension talks with FirstGroup over...
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What's holding Britain down isn't benefits. It's low pay | Zoe Williams
Our brand of capitalism has become cannibalistic. The minimum wage isn't enough, and has become a profound drag on our economy'It is important to grasp the deep cause of the present crisis," wrote the...
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RBS resignation of Stephen Hester causes debate to rage
City surprise at chief executive's exit as politicians are accused of getting 'sticky little paws' on bank's futureThe debate about the future of Royal Bank of Scotland was raging on Wednesday night...
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Former Ford chief to head automotive industry investment drive
Joe Greenwell to lead Automotive Investment Organisation, which will receive up to £3m of funding over next two yearsThe former chairman of Ford in Britain has been appointed by the government to lead...
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End automatic public sector pay increases, says CBI
Employers' organisation calls on chancellor to put spending on infrastructure projects at centre of spending reviewBritain's leading employers' organisation has called for the end of automatic public...
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Global financial markets anxious to avoid many pitfalls of 'political risk'
Investors wary of turmoil in Greece and Turkey, doubts about Abenomics, and uncertainty over the Fed's QE programmeWhen investors in the world's financial markets are in an anxious mood, such as in...
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