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State of the union: Obama toughens stance on Wall Street accountability
President says he wants to create unit that will investigate lending abuses in speech that focused on economic inequalityPresident Barack Obama toughened his stance on Wall Street, calling for the...
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Welsh high streets hit a low ebb
Welsh assembly report calls for action to help town centre businesses struggling to survive against out-of-town rivals"I wish I could say it's bad, but frankly it's worse than that: it's dire and has...
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George Osborne wheels the old alibis towards the halted makers' march
Negative growth figures show the chancellor's strategy is well off track, but Labour is not reaping the benefitThe political script was given its big rewrite with the autumn statement's admission that...
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Ed Miliband accuses David Cameron of arrogance over the economy
Labour leader denounces government's refusal to change course in light of figures showing economy shrunk 0.2%Ed Miliband accused David Cameron of smugness, complacency and arrogance as he denounced the...
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UK GDP: what the economists say
As official figures reveal the UK economy contracted by 0.2% between October and December, City economists analyse the dataBritain's economy has taken a step closer to recession, with official figures...
View ArticleCameron: slowdown in economy 'not unexpected' - video
At prime minister's questions, David Cameron tells MPs the economy's contraction is due to the deficit, high food prices and the crisis in the eurozone
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The UK economy is shrinking. Time to listen to the gloom-mongers? | Phillip...
Bank of England forecasts have been consistently over-optimistic – don't count on green shoots by summerThe picture is the same across Europe. A miserable winter and spring before economies warm up in...
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Which party does the IMF back on deficit reduction?
David Cameron and Ed Miliband clashed in the commons today, each claiming IMF declarations as support for their stance on deficit reduction. Who is right? Polly Curtis, with your help, finds out. Get...
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Bank of England's agents tell a grim tale of post-bubble Britain
Reports from the Bank's regional fact-finders paint a depressing picture of an economy that looks set for another recessionEconomists do not agree on much, but they have an accepted definition of a...
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Davos: Growth predictions set the scene for a gloomy summit – the day's events
World leaders, economists and thinkers gather in Davos for the first full day of the World Economic Forum meeting8.41am: Welcome to the Guardian's liveblog from the first day of the World Economic...
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Negative growth was not part of George Osborne's plan
Chancellor's 'march of the makers' has come to a shuddering halt and now looks more like the retreat from Moscow The political script had been given its big rewrite by the autumn statement's admission...
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Blame game begins as Britain edges closer to another recession
David Cameron says there is 'not an ounce of complacency' in government after 0.2% decline in UK's economic outputBritain moved closer to its second recession in three years after official figures...
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The economy: the state we're in | Editorial
The real significance of the news that GDP is shrinking is confirmation of the damage austerity measures are doing to the economyHere is one mark of the economy's fragility: even the reliably bullish...
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Middle-income Britain is in state of emergency, says Nick Clegg
Deputy PM calls for relief on income tax to be speeded up in a speech directed at chancellor George OsborneNick Clegg will warn on Thursday that the pressure on family finances has reached "boiling...
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Peter Mandelson gets nervous about people getting 'filthy rich'
Former business secretary distances himself from remark that was seen as maxim for Labour's embrace of free marketsLord Mandelson has admitted he is no longer "intensely relaxed about people getting...
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Britain, proud home of Euroscepticism
Distrust of Europe seems inherently British, born of geographic distance and political loyaltiesThe British do not have a monopoly on Euroscepticism. But suspicion towards the European project has...
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Nick Clegg tax proposals fail to stir Downing Street
Liberal Democrat leader's call for faster action on personal tax allowances is broadly in line with coalition policy, No 10 saysNick Clegg's call for faster action to relieve the pressure on the...
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At Davos, Peter Mandelson's dark arts lose their power | Caroline Crampton
Hissed at the home of capitalism? It seems that even as other politicians draw on his views, his style is no longer welcome"Hissssssssssssssssssssssssssssssssss! Hisssssssssssssssssssssssssssss!"If...
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Nick Clegg's income tax proposals: what they mean for you
Nick Clegg wants government to raise the income tax threshold to £10,000 sooner than planned. Here we run through how the changes might affect your incomeWhat is Nick Clegg proposing?The deputy prime...
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Davos 2012: Day two, as it happened
World leaders, economists and thinkers in Davos, Switzerland, for the second day of the World Economic Forum meeting• Day one at Davos, as it happened8.29am: Good morning. We're back following events...
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