A protest against low pay in Hyde Park: before the recession wages were rising at more than 4 per cent a year

David Blanchflower: Why we won’t have real pay growth until 2016 at the earliest

The level of slack in the UK labour market remains substantial

George Osborne with Mateusz Szczurek, Polish finance minister, and Lord Hill, European Financial Commissioner, in Brussels

David Blanchflower: Economic sentiment has turned – bad news for George Osborne

It now seems that business and consumer confidence started to collapse around the spring of 2014

Wages have fallen by an average of 10 per cent in the professional, scientific and technical sector

David Blanchflower: The Bank of England should get ready for more downside surprises

The national statistic Average Weekly Earnings (AWE) has shown absolutely no evidence at all of any wage growth for a couple of years

In his conference speech George Osborne claimed that Britain was the best-performing advanced economy

Sorry, George, but simply cutting the benefits of the poor is not going to make them work harder

Britain is not the fastest-growing, most job-creating, deficit-reducing, of any major advanced economy

An employment office in San Francisco during the 1930s: it took a war to end the Great Depression

Let the Bank of England take note: the risks of raising interest rates too soon are greater than inflation overshooting

Past experience with the zero lower bound counsels patience says Charles Evans of the Fed

The unemployment rate has fallen but there is still slack in the labour market

David Blanchflower: Wages fall as the mystery of the British and American job markets gets deeper still

Nobody, and I mean nobody, would have expected wages in the UK to be more flexible than in the US

Latest figures say export growth in Britain has slowed to its lowest point since April, while factory output is at its weakest since the start of 2013

David Blanchflower: Prices are easing and industry is slowing. Why on earth would we put up interest rates?

The underlying trend in  factory output is its weakest since the start of 2003

The recession began in the second quarter of 2008 and it took 66 months to restore lost output

David Blanchflower: Do not be fooled – growth and living standards under the Coalition have still been abysmal

Over the past six-year period real earnings in the UK fell 6.5 per cent. Only Greece was worse

In France growth is flat and unemployment is rising, but more austerity is on the menu

David Blanchflower: The European Central Bank is a crawling tortoise – six years behind the curve on stimulus

More austerity in France when fiscal and monetary policy are both too tight is a plan for disaster

Ian McCafferty, left, and Martin Weale, second left, are the ‘irrelevant minority’ of the Bank of England’s Monetary Policy Committee

David Blanchflower: The inflation nutters are on the march again – and they are as wrong as ever

Martin Weale voted for rate rises in 2011 but his predictions of rising inflation did not materialise

Mark Carney lamented ‘remarkably weak’ pay growth at last week’s Inflation Report after claiming in May it could hit 2.5 per cent this year

David Blanchflower: The Bank now admits pay growth is going to be poor. They should have listened to me

The unprecedented collapse in real wages under the Coalition is even greater than in the period of the Great Recession from 2008 until the Coalition took office in May 2010

Prime Minister David Cameron and Chancellor George Osborne

David Blanchflower: Britain has taken longer to recover from recession than at any time since the South Sea Bubble

The Coalition’s triumphalism over restoring output to its starting  level is totally misplaced

David Blanchflower: A sign of recovery? Most people don't feel it

The economy is growing faster than expected, but then it's going to slow more rapidly than expected as the 2015 election approaches.

David Blanchflower: George Osborne has failed the very tests he set himself in 2010 – and we are poorer as a result

GDP per capita is lower than it was in Q2 2010 when the Coalition was formed

If he wants to turn around the Bank of England supertanker, Mark Carney has a major task ahead

Given that monetary policy decisions take around two years to have any effect on the real economy, expectations are unreasonably high for the new govenor

News
Video: The Independent's Alex Lawson provides a run-down of the day's major news from the City
News
This year, more than ever, Britain will be swamped with discounts promising average cuts of 40%
News
Questions over the tax regime when Jean-Claude Juncker was prime minister of Luxembourg will not go away
He may survive a right-wing coup, but the new boss of the EC still faces a struggle to shake off a tax scandal
News
The Independent's Jamie Dunkley explains how the EU cap on bankers' bonuses works - and what it means for the City
News
The EU move will only serve to jack up salaries and allowances — it will not reduce their overall pay, writes Chris Blackhurst
News
Peter Diamandis wants to mine asteroids for construction metals, rocket fuel and strategic metals such as platinum
The entrepreneur, author and space enthusiast says the human race has its future on another planet, but for now ‘the only constant is change – and the rate of change is increasing’
News
Video: The Independent's Simon Neville provides a run-down of the day's major news from the City
News
The Barclays Premier League trophy
What took Ofcom so long? It’s been obvious for a while now that something is wrong with the way TV Premier League football rights are sold, says Chris Blackhurst
News
Alexandra Tolstoy is now living with Sergei Pugachev, once known as Putin's banker, in London
The Russian oligarch Sergei Pugachev and his English lover Alexandra Tolstoy hit hard financial times when his bank collapsed. Since the High Court froze his assets this year, they have had to live on ‘just’ £10,000 a week, Jim Armitage reports
News
Britain's Prime Minister David Cameron
Which groups have been penalised most by the Coalition's austerity measures? Ben Chu breaks down the numbers
News
Video: The Independent's Lucy Tobin provides a run-down of the day's major news from the City
Money
Video: The Independent's personal finance editor Simon Read offers some advice on ensuring you enjoy Christmas without the financial hangover
News
Sunday - Greece
Discussion of further fiscal stimulus ignores the high levels of debt, low growth rates and increasing borrowing costs that make the public finances of many countries unsustainable, writes Satyajit Das
News
Blame for the return to recession has fallen on Shinzo Abe’s decision to hike sales tax
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
News
Video: The Independent's deputy business editor Jim Armitage provides a run-down of the day's major news from the City
News
News
Karren Brady has been a sidekick of Lord Sugar on ‘The Apprentice’ since 2010
Karren Brady heavily criticises Ukip leader for his views on gender equality in business
News
A protest against low pay in Hyde Park: before the recession wages were rising at more than 4 per cent a year
The level of slack in the UK labour market remains substantial, writes David Blanchflower
News
The Independent's economics editor Ben Chu breaks down the numbers
News
These movies are not just about getting people into theatres, they are about long-term toy tie-ins.
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Day In a Page

Mau Mau uprising: Kenyans still waiting for justice join class action over Britain's role in the emergency

Kenyans still waiting for justice over Mau Mau uprising

Thousands join class action over Britain's role in the emergency
Isis in Iraq: The trauma of the last six months has overwhelmed the remaining Christians in the country

The last Christians in Iraq

After 2,000 years, a community will try anything – including pretending to convert to Islam – to avoid losing everything, says Patrick Cockburn
Black Friday: Helpful discounts for Christmas shoppers, or cynical marketing by desperate retailers?

Helpful discounts for Christmas shoppers, or cynical marketing by desperate retailers?

Britain braced for Black Friday
Bill Cosby's persona goes from America's dad to date-rape drugs

From America's dad to date-rape drugs

Stories of Bill Cosby's alleged sexual assaults may have circulated widely in Hollywood, but they came as a shock to fans, says Rupert Cornwell
Clare Balding: 'Women's sport is kicking off at last'

Clare Balding: 'Women's sport is kicking off at last'

As fans flock to see England women's Wembley debut against Germany, the TV presenter on an exciting 'sea change'
Oh come, all ye multi-faithful: The Christmas jumper is in fashion, but should you wear your religion on your sleeve?

Oh come, all ye multi-faithful

The Christmas jumper is in fashion, but should you wear your religion on your sleeve?
Dr Charles Heatley: The GP off to do battle in the war against Ebola

The GP off to do battle in the war against Ebola

Dr Charles Heatley on joining the NHS volunteers' team bound for Sierra Leone
Flogging vlogging: First video bloggers conquered YouTube. Now they want us to buy their books

Flogging vlogging

First video bloggers conquered YouTube. Now they want us to buy their books
Saturday Night Live vs The Daily Show: US channels wage comedy star wars

Saturday Night Live vs The Daily Show

US channels wage comedy star wars
When is a wine made in Piedmont not a Piemonte wine? When EU rules make Italian vineyards invisible

When is a wine made in Piedmont not a Piemonte wine?

When EU rules make Italian vineyards invisible
Look what's mushrooming now! Meat-free recipes and food scandals help one growing sector

Look what's mushrooming now!

Meat-free recipes and food scandals help one growing sector
Neil Findlay is more a pink shrimp than a red firebrand

More a pink shrimp than a red firebrand

The vilification of the potential Scottish Labour leader Neil Findlay shows how one-note politics is today, says DJ Taylor
Bill Granger recipes: Tenderstem broccoli omelette; Fried eggs with Mexican-style tomato and chilli sauce; Pan-fried cavolo nero with soft-boiled egg

Oeuf quake

Bill Granger's cracking egg recipes
Terry Venables: Wayne Rooney is roaring again and the world knows that England are back

Terry Venables column

Wayne Rooney is roaring again and the world knows that England are back
Michael Calvin: Abject leadership is allowing football’s age-old sores to fester

Abject leadership is allowing football’s age-old sores to fester

Those at the top are allowing the same issues to go unchallenged, says Michael Calvin