Re-privatising East Coast rail company makes no sense | Sheila Gilmore
Trains are cleaner, more punctual and the economics work. Labour should learn the lessons of East Coast's successLabour need not fear reversing rail privatisation. When parliament is sitting, I spend...
View ArticleLloyds and RBS could be forced to sell more branches
Banks may have to sell more branches than the 948 already up for sale under bigger disposal plan being considered by the OFTLloyds Banking Group and Royal Bank of Scotland could be forced to hive off...
View ArticleWhitehall planning for long-term cuts as spending review takes shape
George Osborne to set out coalition's plans for 2015-16, but departments already looking beyond next electionWhitehall departments have begun drawing up plans for cuts lasting into the next decade...
View ArticleOsborne's cuts will shape the economy – and the future role of the state
The corridors of power are being shaken by 'epic rows' as the chancellor tries to agree £11.6bn of cuts this weekRecent political history is full of stories of ministers falling out over public...
View ArticleGeorge Osborne goes on the record
After Barack Obama muddled the name of soul singer Jeffrey Osborne with George at the G8 summit, Chris Riddell imagines a new career for the chancellor
View ArticleBlame austerity, not old people, for the plight of Britain's young | Will Hutton
We have to refashion our economic model so that it works for everyone – particularly the youngWe are governed by charlatans. The scale of economic mismanagement of our country is too little understood....
View ArticleStimulating growth threatens stability, central banks warn
Monetary stimulus is not the answer, says the Bank for International Settlements in Basle, after share prices plungeCentral banks have done as much as they safely can to rebuild the world economy, and...
View ArticleRoyal Mail chief in line for almost £1.6m pay for last year
Revelation of Moya Greene's remuneration for 2012 expected to spark storm of protest from union amid plans to privatise businessRoyal Mail is steeling itself for a storm of protest from the...
View ArticleGeorge Osborne needs to give Neets a chance – for the economy's sake | Katie...
The chancellor should heed the lesson of a school-leaver with one GCSE who now has a top job in the City'This is the stage where people either make it in life or don't make it in life. They go to...
View ArticleGeorge Osborne to offset further spending cuts with capital investment
Mersey Gateway and HS2 projects will be announced this week as Vince Cable is last cabinet minister to settle with chancellorGeorge Osborne agreed the final details of spending cuts worth £11.5bn for...
View ArticlePublic sector parents hit worst by austerity drive, says TUC
Calculations suggest more than 180,000 children with a parent working in the public sector will be pushed into poverty by 2015Parents working in the public sector will take the biggest hit to their...
View ArticleLabour and the Tories – spot the difference | Neal Lawson
In capitulating to austerity, Labour has lost its way. Here's how Britain should instead be investing to grow the economyOn Wednesday the House of Commons will shudder at the sound and fury of small...
View ArticleIf you think privatisation and outsourcing are sacred, read this | Michael...
From G4S to Thames Water, the markets have failed us in multiple industries. Their relationship to the state has to changeAs the government prepares for two more major privatisations – Royal Mail and...
View ArticleLord chief justice warns Chris Grayling on courts privatisation plans
The most senior judge in England and Wales tells the justice secretary not to undermine the independence of the judiciaryThe justice secretary, Chris Grayling, has been warned by the lord chief...
View ArticlePrivatising probation service will put public at risk, officials tell Grayling
Senior staff at the MoJ also warn cabinet minister that his plans lack support and will damage the department's reputationThe justice secretary, Chris Grayling, has been warned by his most senior...
View ArticleEurope's leaders are not for turning on austerity | Leo Panitch and Sam Gindin
Those calling for a 21st century Marshall plan do so in hope, as conditions are very different now to the end of WW2When bad ideas persist, it is wise to recognise that more than ideas are at stake. So...
View ArticlePrivatising the courts: if anyone needs advice, it's the judiciary | Joshua...
The judges have nothing to gain and everything to lose by negotiating with Chris Grayling in privateThe very idea that private companies should be allowed to invest in the courts of England and Wales...
View ArticleSir Mervyn King's final appearance at Treasury committee: Politics live blog
Andrew Sparrow's rolling coverage of all the day's political developments as they happen, including Sir Mervyn King's final appearance as Bank of England governor before the Commons Treasury...
View ArticleEducation spending: how does the UK compare?
Despite the financial crisis, spending on education as a percentage of GDP rose between 2008 and 2010. Get the full data on how UK spending compares to other wealthy countries as well as the impact of...
View ArticleSpending review: parties have much to disagree on
Despite Labour's recent policy changes, potentially large economic and political divisions will still be apparentIn the runup to the spending review there appears to have been a Great Convergence...
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