Ben Chu

Ben Chu is The Independent's Economics Editor. Previously he was the newspaper's chief leader writer.

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David Cameron and his ministers are sensible to strike a cautious tone about our short-term economic prospects

A bothersome GDP breakdown

There is enough in the latest statistical breakdowns for policymakers to remain cautious

Statistics watchdog raps Treasury over personal tax summaries

The official statistics watchdog has warned the Treasury after letters were sent to 24 million people detailing how their taxes are spent.

Crude oil extraction in Montana in the US – the country’s output is now at its highest level since 1986

What an $80 barrel of oil means to the world

Prices of the black stuff have fallen by 30 per cent in five months as global supply outstrips demand. Ben Chu answers the key questions, including which nations are set to gain or lose out

Sir Andrew Dilnot, the head of the UK Statistics Authority

Statistics watchdog raps Government over personal tax summaries

The official statistics watchdog has fired a warning shot across the bows of the Treasury over the controversial letters the Government has sent to 24 million people detailing how their taxes are spent.

RBS apologises for misleading Treasury Select Committee

Sir Philip Hampton, RBS’s chairman, said that contrary to testimony to MPs the bank’s restructuring unit was a profit centre

Chancellor George Osborne

George Osborne's deficit target is in peril as borrowing rises

Over the first seven months of the financial year, cumulative state borrowing has been £64.1bn, up £3.7bn

The tipping point: Bank’s no-change camp ‘fraying at the edges’ on rates

Seven members voted to keep rates at 0.5%, while two voted for a hike to 0.75%.

Britain's Prime Minister David Cameron

Just how regressive have the Coalition's fiscal policies been?

Which groups have been penalised most by the Coalition's austerity measures?

Blame for the return to recession has fallen on Shinzo Abe’s decision to hike sales tax

A tax disaster hits Abenomics gamble

Shinzo Abe spoke of ‘three arrows’ of reform but, as Ben Chu reports, his plan to slash the deficit nosedived, with a shock return to recession

Emmanuel Macron said Europe should deploy some €50bn from the European Stability Mechanism (ESM) to invest in a host of productivity-enhancing capital investment projects, which would help lift the eurozone out of its present economic stupor

France challenges Germany over eurozone stimulus

Emmanuel Macron urges Berlin to allow European bailout pot to be use to fund European investment

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Day In a Page

War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn
Yvette Cooper: We can't lose the election. There's too much on the line

Yvette Cooper: We can't lose the election. There's too much on the line

The shadow Home Secretary on fighting radical Islam, protecting children, and why anyone in Labour who's thinking beyond May must 'sort themselves out'
A bad week for the Greens: Leader Natalie Bennett's 'car crash' radio interview is followed by Brighton council's failure to set a budget due to infighting

It's not easy being Green

After a bad week in which its leader had a public meltdown and its only city council couldn't agree on a budget vote, what next for the alternative party? It's over to Caroline Lucas to find out
Gorillas nearly missed: BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter

Gorillas nearly missed

BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter
Downton Abbey effect sees impoverished Italian nobles inspired to open their doors to paying guests for up to €650 a night

The Downton Abbey effect

Impoverished Italian nobles are opening their doors to paying guests, inspired by the TV drama
China's wild panda numbers have increased by 17% since 2003, new census reveals

China's wild panda numbers on the up

New census reveals 17% since 2003
Barbara Woodward: Britain's first female ambassador to China intends to forge strong links with the growing economic superpower

Our woman in Beijing builds a new relationship

Britain's first female ambassador to China intends to forge strong links with growing economic power
Courage is rare. True humility is even rarer. But the only British soldier to be awarded the Victoria Cross in Afghanistan has both

Courage is rare. True humility is even rarer

Beware of imitations, but the words of the soldier awarded the Victoria Cross were the real thing, says DJ Taylor
Alexander McQueen: The catwalk was a stage for the designer's astonishing and troubling vision

Alexander McQueen's astonishing vision

Ahead of a major retrospective, Alexander Fury talks to the collaborators who helped create the late designer's notorious spectacle
New BBC series savours half a century of food in Britain, from Vesta curries to nouvelle cuisine

Dinner through the decades

A new BBC series challenged Brandon Robshaw and his family to eat their way from the 1950s to the 1990s
Philippa Perry interview: The psychotherapist on McDonald's, fancy specs and meeting Grayson Perry on an evening course

Philippa Perry interview

The psychotherapist on McDonald's, fancy specs and meeting Grayson Perry on an evening course
Bill Granger recipes: Our chef recreates the exoticism of the Indonesian stir-fry

Bill Granger's Indonesian stir-fry recipes

Our chef was inspired by the south-east Asian cuisine he encountered as a teenager
Chelsea vs Tottenham: Harry Kane was at Wembley to see Spurs beat the Blues and win the Capital One Cup - now he's their great hope

Harry Kane interview

The striker was at Wembley to see Spurs beat the Blues and win the Capital One Cup - now he's their great hope
The Last Word: For the good of the game: why on earth don’t we leave Fifa?

Michael Calvin's Last Word

For the good of the game: why on earth don’t we leave Fifa?
HIV pill: Scientists hail discovery of 'game-changer' that cuts the risk of infection among gay men by 86%

Scientists hail daily pill that protects against HIV infection

Breakthrough in battle against global scourge – but will the NHS pay for it?