Construction is one of the sectors that has not improved over the past five years

David Blanchflower: George Osborne is set to make a sad state of affairs much worse with his lunatic plan

“We don’t export enough; we don’t train enough; we don’t save enough; we don’t invest enough; we don’t manufacture enough; we certainly don’t build enough; and far too much of the economic activity in our nation is concentrated here in the centre of London.” Presumably the Coalition Government must take some of the blame for that? Of course not; silly me for being so daft for thinking such a thing; all Gordon Brown’s doing, of course.

The proportion of workers in unions has fallen sharply

David Blanchflower: Why do the Tories have such a big problem with trade unions?

An outbreak of industrial relations warfare is not good for productivity or worker management relations, or share prices for that matter

Once prices start falling it is difficult to stop them

David Blanchflower: We're now in deflation and sorry, but it's not good news

Lots of economists are telling everyone that we shouldn’t worry about this negative inflation

Protests after the election: will the Tories unleash more austerity?

David Blanchflower: The 'shy Tory' voters were missed by the pollsters, and that fooled us all

Prediction markets seem to predict stuff pretty well, while UK pollsters don’t seem to, because in a prediction or betting market, people back their opinions with real money

Professor David Blanchflower

David Blanchflower: The Coalition's economic legacy is plain - it has left us worse off

We can assess the overall success of the Coalition by examining the state of the economy the Coalition is about to hand over

A Grimsby trawler: outside the South-east the economy is weak

David Blanchflower: The problem for the Tories is that their economic plan has failed

There is widespread evidence that under-employment has risen even more sharply than the unemployment rate

Many in business believe even the prospect of a referendum is harmful

David Blanchflower: There is no doubt that leaving the European Union would hurt Britain

A 'Brexit' would raise the price of your goods and services

The trade deficit has worsened amid difficulties in export markets

David Blanchflower: The Tories’ plan is failing – animal spirits have evaporated

The UK’s trade deficit worsened by much more than had been expected

Economists say the Coalition began its fiscal consolidation too early in the recovery, with austerity cutting 2 per cent from GDP growth

Labour is being far too reticent: it didn’t cause the global financial crisis and Coalition austerity policies have stalled the recovery

‘The cut of public investment by 40% was the opposite of sensible macroeconomics’

George Osborne was accused of a ‘roller-coaster’ approach to public spending
The employment rate for younger workers is well below its pre-recession level

David Blanchflower: The Chancellor has good reason to avoid answering questions on austerity and cuts

Let’s put a few other claims to rest, especially the Government’s exaggerated claims about job creation

Recent cold weather in the US could delay interest rate rises there and in the UK

David Blanchflower: Can the UK jobs market really be freer than in the land of the free?

These are puzzling days for labour economists and central bankers. Watch out for more shocks

The rise in net migration was among the items of bad news for the Government

David Blanchflower: Deflation is bad news - and Britain is likely to be next to get it

Despite what Governor Mark Carney has claimed the Bank of England does not have the tools to make it go away

Getty

David Blanchflower: Wages growth? The Bank of England appears to have lost its marbles

The Bank’s agents provided a special report on pay last week and showed they saw no expectation of much of any increase in wages growth at all

Boston in Massachusetts: America has not yet escaped the grip of the economic downturn

David Blanchflower: Beware - the American jobs market is still feeling the chill

There was a surge in hidden unemployment in the wake of the Great Recession

News
Tour operators Thomas Cook and Tui have cut forecasts for this year
Travel companies may be feeling the pinch as Aegean holidays dwindle, but car sales are buoyant, says Jamie Nimmo
Voices
Polonius in ‘Hamlet’ counselled against debt
'Neither a borrower nor a lender be,' burbled Shakespeare’s Polonius. Ben Chu says it’s worth asking: Why do we borrow?
News
Sir Richard Branson, founder of the Virgin empire

Jim Armitage says that while it may sound good the $500m project has many pitfalls

News
The Chinese way: many investors haven’t completed high school

Shanghai Duolun Industry, a Chinese real estate company, managed to win over investors with a little re-branding in May. Ana Swanson reports.

News
Quindell deals in insurance claims but now faces its own sink or swim situation
The insurance claim outsourcer – the one-time darling of AIM – has shares suspended as new inquiry begins. Jamie Nimmo reports on an extraordinary fall from grace
News
The estate has pumped money into transforming Regent Street into a luxury retail attraction, with brands such as J.Crew
As the portfolio posts record profits, with West End plans afoot, it shows no sign of slowing. But the estate is also under scrutiny. Joanna Bourke reports
News
A protester shouts slogans during a pro-European demonstration in front of the Greek parliament in Athens. Greece's international lenders raised hopes for a vital bailout agreement to save Athens from default and a possible euro exit, despite warning no deal was likely at an emergency summit
Jim Armitage on the two key points commentators unerringly miss about the Greek crisis talks
News
What does the Greek Prime Minister have in common with the men who ran big banks on the eve of the global financial crisis? Ben Chu reports
News
Ferrero, the Italian chocolatier behind Kinder Eggs, Nutella and Ferrero Rocher, now owns a 29.9 per cent stake in Thornton
Jim Armitage laments Thorntons disappearance into the Italian maw of Ferrero
News
This year’s model: the summer look at Asos. A £1,000 investment in the retailer in 2001 would now be worth £160,000
Amid scandals such as Langbar and success stories like Asos and Majestic Wine, investors will have mixed feelings on the junior market’s anniversary. Jamie Nimmo looks back on a chequered past and asks if the future will be more rewarding
News

Jerry Greenfield, co-founder of Ben & Jerry’s, hasn’t been chilling out since selling to Unilever. As he tells Margareta Pagano, he’s still passionate about ‘hippy values’. And now he’s helping other entrepreneurs

News
Crowds in Walmart in California

There are lots of arguments about why Wal-Mart has been good for the American economy. Almost all are bunk, says Andrew Dewson.

News

George Osborne has put plenty of pressure on Royal Bank of Scotland. Make it safe, make it lend and, now, make it saleable.The Chancellor might have chosen to add another: make it invest in its computer systems. James Ashton reports

News
Block Workout is a gym, community centre and philosophy based in Brixton
News
Six banks were fined, including Royal Bank of Scotland (RBS), for trying to manipulate foreign-currency prices are a stark reminder of the need for sweeping changes
Banks’ IT systems are “creaking” and it is because consumers want things like mobile phone banking services. James Moore reports
News
King Digital, the firm behind the hugely popular Candy Crush game, took its IPO to the New York Stock Exchange last year
More than half of Europe's 'unicorns' came from Britain in the past year. Jamie Nimmo investigates whether the UK has the financial market infrastructure to develop the next global technology giant
News
Alexis Tsipras, the Greek Prime Minister, said bailout conditions had ‘asphyxiated’ his country
Leaving the euro would be a much better option for Greece. But politics points in one direction, economics in another. Hamish McRae navigates
News
A Qatar Airways 787 Dreamliner arriving at Heathrow Airport
It seems that it isn’t only migrant workers unfortunate enough to find themselves building stadia for the 2022 World Cup who get a rough time at the hands of Qatari employers. James Moore reports
News
A giant Hong Kong $100 banknote stands in the window of HSBC’s Asia headquarters, but local citizens are worried about competition for jobs as links to the Pearl River delta region are strengthened
The Pearl River delta is now the world’s most populous area, bigger than Tokyo with a matching economy. Clare Jim and Lawrence White report on HSBC’s efforts to tap into the region’s potential – and the risks the bank faces
News
Laura Moss, one of DACA's young entrepreneurs
Research shows that female small business leaders have greater entrepreneurial ambition than their male counterparts, says David Prosser
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Day In a Page

The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'
Compton Cricket Club

Compton Cricket Club

Portraits of LA cricketers from notorious suburb to be displayed in London
London now the global money-laundering centre for the drug trade, says crime expert

Wlecome to London, drug money-laundering centre for the world

'Mexico is its heart and London is its head'
The Buddhist temple minutes from Centre Court that helps a winner keep on winning

The Buddhist temple minutes from Centre Court

It helps a winner keep on winning
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate
Greece debt crisis: What happened to democracy when it’s a case of 'Vote Yes or else'?

'The economic collapse has happened. What is at risk now is democracy...'

If it doesn’t work in Europe, how is it supposed to work in India or the Middle East, asks Robert Fisk
The science of swearing: What lies behind the use of four-letter words?

The science of swearing

What lies behind the use of four-letter words?
The Real Stories of Migrant Britain: Clive fled from Zimbabwe - now it won't have him back

The Real Stories of Migrant Britain

Clive fled from Zimbabwe - now it won’t have him back
Africa on the menu: Three foodie friends want to popularise dishes from the continent

Africa on the menu

Three foodie friends want to popularise dishes from the hot new continent
Donna Karan is stepping down after 30 years - so who will fill the DKNY creator's boots?

Who will fill Donna Karan's boots?

The designer is stepping down as Chief Designer of DKNY after 30 years. Alexander Fury looks back at the career of 'America's Chanel'