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HS2 will be more London gravy train than locomotive of regional growth
The economic case for the high-speed railway does not add up. Far better to put a fraction of its £40bn-plus cost into freight linesEarmarking more than £40bn for a new railway would be controversial...
View ArticleGeorge Osborne's interviews and payday lending cap announcement: Politics...
Andrew Sparrow's rolling coverage of all the day's political developments as they happen, including George Osborne's morning interviewsAndrew Sparrow
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Cold weather payments reminder for vulnerable households
Age UK urges people to check their eligibility as government figures show more than 1m pensioners alone may be missing out on payments to keep them warm at winterMillions of vulnerable householders...
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UK GDP driven by strong consumer spending and business investment
But disappointing export figures hold overall growth rate back at unrevised 0.8% in third quarter, ONS saysStronger consumer spending and a long-awaited pickup in investment were the driving forces...
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Vince Cable defends Royal Mail valuation as profit almost doubles
The business secretary has been under fire over Royal Mail's sale price since before the flotationThe business secretary, Vince Cable, defended the government's valuation of Royal Mail on Wednesday...
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Why the privatisation of student debt must be resisted | Michael Chessum
When student loans are sold off, the door is left open to repayment conditions changing. The government's assurances are worth nothingThis week, the government announced the immediate privatisation of...
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Royal Mail major shareholders to be asked if shares were too cheap
Commons business committee plans to write to large investors as part of bid to find out if state-owned postal service was undervaluedRoyal Mail investors who bought large stakes in the postal service...
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Debt could trigger next crash, says thinktank
Report suggests urgent action is needed 'to stop the UK sleepwalking into a major personal debt crisis'A growing band of credit-hungry consumers could trigger another financial crash in 10 years as...
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Royal Mail shares: Goldman Sachs sets price target of 610p
Row over privatisation may escalate over 12-month target after bank had advised government to float business at just 330pGoldman Sachs has risked a further escalation of the Royal Mail privatisation...
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No, greed isn't good, whatever Boris Johnson might say | @guardianletters
Boris Johnson's vision of a happy Britain: greedy squillionaires trying so very hard not to flaunt their wealth; and wondering which worthy public project to trickle their largesse down on to (Greed is...
View ArticleThe G20 needs Tony Abbott to take a strong lead | Wane Swan
Wayne Swan: Treasurer Joe Hockey may have finally grasped the importance of the G20 being in antipodean hands, but it is difficult to excuse Tony Abbott’s failure to engage on this issueWayne Swan
View ArticleScrap middle-class welfare, peak social services body tells government
Disadvantaged Australians being ignored while tax loopholes benefit the rich, say the Australian Council of Social ServiceBridie Jabour
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George Osborne's rejection of Keynes vindicated by recovery, say allies
Despite near double-dip recession experience, 'omnishambles' budget and tax U-turns, chancellor 'has proved doubters wrong'In the intimate surroundings of the oak-panelled Soane dining room, tucked...
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Labour is still weak on economic strategy, warns former Brown adviser
Patrick Diamond says Labour party needs to do more to show voters it can manage the economy competently and tax fairlyLabour is still hampered by "potentially crippling strategic weaknesses" on the...
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Adhoc-o-nomics: the market and the state
The brute facts of the crisis are starting to make themselves felt on practical thinking, albeit five years too lateKeynes is wrong. Whatever "those in authority" are doing, they are not "distilling...
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Labour's election success depends on its ability to prove its economic...
Ed Miliband has a golden opportunity to reclaim the politics of productivity and project the party's ability to create growthIf Labour is to have a serious prospect of outright victory in 2015, the...
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George Osborne set to focus on fuel bills and NHS in autumn statement
Chancellor likely to bank windfall, and stick to deficit-cutting agendaHelp for homeowners to pay energy bills and extra funds for the NHS to prevent a winter healthcare crisis are expected to be...
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Let no one be fooled: this is not the triumph of austerity, Mr Osborne | Will...
He won't admit it in his autumn statement, but the lift in the economy owes little to his avowed strategyThe Osborne team are feeling sprightly. In their eyes, the chancellor has toughed it out despite...
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Europe's prophets of austerity brought suffering, not growth
The EU's leaders abhorred stimulus. Now the eurozone is so weak they fear the very idea that the US might stop spendingAt the launch of Richard Roberts's new book about the great financial crisis of...
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Out of the lab, off to market: a hi-tech blueprint for UK recovery
Universities keen to commercialise research are finding they have an unexpectedly activist government behind themWhen the 2011 tsunami hit Japan's Fukushima plant, causing one of the world's worst...
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