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

David Blanchflower: Foresight should not be elusive when the future is staring you in the face

If I could see the recession coming, why couldn't Sir Mervyn King?

Japan has finally joined the quantitative easing party - and better late than never

Central bank watchers in search of excitement must turn to Japan. The hope is that this dramatic action will break the two-decade deflationary spiral

George Osborne called us deficit deniers, but we were right. His economic era is over

Osborne believed in a world of fantasy economics that had no foundation in fact and was bound to fail, with devastating and cruel consequences for ordinary people.

The elderly with experience fear joblessness more than the young

Forget inflation – what hurts the most is unemployment

Osborne should have set a target for unemployment as the Fed has

The jobless are lazy? That's just a vile lie

Even the low-paid are happier and  less anxious than the unemployed

News
Former Tesco chief executive Phil Clarke, who began stacking shelves, left the company in July
With so many unanswered questions, shareholders must be hoping the former boss’s love of Tesco will help them understand what went wrong, writes Simon Neville
News
This isn’t the fault of Aldi or Lidl, or austerity Britain, or recession in Europe. This is to do with Tesco’s own housekeeping, writes Chris Blackhurst
News
As four executives are suspended, The Independent looks at four key issues as the latest Tesco disaster unfolds.
News
The unemployment rate has fallen but there is still slack in the labour market
Nobody, and I mean nobody, would have expected wages in the UK to be more flexible than in the US, says David Blanchflower
News
Rich store of controversy: the freeport is detested by the Richtung22 collective for keeping art behind closed doors
Fine wine, cigars, paintings ... the Luxembourg Freeport has it all under lock and key – and away from prying eyes. But a band of artists see a new style of tax haven, says James Moore
News
Hewlett-Packard has accused Oracle and CEO Larry Ellison of 'harassment'
On Thursday, Oracle announced its co-founder Larry Ellison would step down as chief executive. This is what you need to know about the fabulous life of the software mogul.
News
Pro-union activists rally opposite of pro-independence supporters in Glasgow's George Square, in Scotland
Scotland has spoken. But what are the implications for GDP growth and living standards for the UK economy now?, Ben Chu explains
News
The campaign has left much of Scotland divided
After the shrillest campaign of fear from the financial and corporate community, the Scottish people decided to vote "no"...Or as City traders would say, to adopt a "risk off" strategy
News
Marissa Mayer, CEO of Yahoo!
Yahoo owns a 22.5% stake in Alibaba after making a $1bn investment- but IPO could be a make or break moment for Mayer, says Oscar Williams Grut
News
Lionsgate is funding British films using the money made from global hits such as ‘The Expendables’ series
The chief executive of film distributor Lionsgate tells Ian Burrell why more movies should be both made and set in the UK and why ITV and BSkyB should play their part
News
A pedestrian walks past Alibaba.com advertising in Hong Kong.
The countdown for Alibaba's New York float has begun and the stage is set for what could be the biggest initial public offering of all-time. Here is what you need to know.
News
Video: The Independent's Alex Lawson provides a run-down of the day's major news from the City
News
Jack Ma founded Alibaba in 1999 with a website offering 22 items. It now accounts for 70 per cent of all packages delivered in China
E-commerce behemoth on track to become the biggest IPO in history
News
Americans are less fussy when it comes to shareholder rights and Alibaba is taking advantage to ensure Jack Ma remains in the driving seat, writes Anthony Hilton
News
A Yes vote does not deliver independence; it delivers a negotiation to secure the terms of independence. But once politicians start negotiating, anything can happen.
News
VIDEO : Get the latest business news from our City staff
News
While the Canadian province eventually voted No, the years of uncertainty caused banks to move elsewhere and damaged GDP. Mark McSherry ponders a similar fate for Scotland
News
Phones 4U stores will remain closed while talks continue with parties interested in acquiring the business
The mobile phone retailer’s demise is a tragedy for its employees, but just business sense for those responsible, Alex Lawson and Simon Read report
News
The Deputy First Minister of Scotland, Nicola Sturgeon (right), is joined by the leader of Welsh nationalist party Plaid Cymru Leanne Wood (centre) as they pass a bookmakers during a walk-about to meet the Scottish electorate
There’s a lot riding on Thursday’s poll, not least among bookmakers and punters such as Russell Lynch , who would like a referendum that makes them a little richer
News
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
The underlying trend in  factory output is its weakest since the start of 2003, writes David Blanchflower
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The politics of the weekly shop

New app reveals political leanings of food companies
Beam me up, Scottie!

Beam me up, Scottie!

Celebrity Trekkies from Alex Salmond to Barack Obama
Beware Wet Paint: The ICA's latest ambitious exhibition

Beware Wet Paint

The ICA's latest ambitious exhibition
Pink Floyd have produced some of rock's greatest ever album covers

Pink Floyd have produced some of rock's greatest ever album covers

Can 'The Endless River' carry on the tradition?
Sanctuary for the suicidal

Sanctuary for the suicidal

One mother's story of how London charity Maytree helped her son with his depression
A roller-coaster tale from the 'voice of a generation'

Not That Kind of Girl:

A roller-coaster tale from 'voice of a generation' Lena Dunham
London is not bedlam or a cradle of vice. In fact it, as much as anywhere, deserves independence

London is not bedlam or a cradle of vice

In fact it, as much as anywhere, deserves independence
Vivienne Westwood 'didn’t want' relationship with Malcolm McLaren

Vivienne Westwood 'didn’t want' relationship with McLaren

Designer 'felt pressured' into going out with Sex Pistols manager
Jourdan Dunn: Model mother

Model mother

Jordan Dunn became one of the best-paid models in the world
Apple still coolest brand – despite U2 PR disaster

Apple still the coolest brand

Despite PR disaster of free U2 album
Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits