The Chancellor's Autumn Statement should have good news on the deficit and employment – even if the national debt remains disturbingly high
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Friday 18 March 2011
At the worst possible moment for Japan's economy, the yen has surged to all-time highs against the US dollar and other currencies, making life for its hard-pressed exporters, already battling with disruptions to supply chains and power, even more difficult.
Wednesday 09 March 2011
So the Budget, now only two weeks away, will apparently be billed as a budget to promote growth. The idea of Budgets being themed was developed by Gordon Brown, and if you can find them (they are tucked away in an electronic archive well away from the stuff of the current Coalition) they make amusing, if slightly sad, reading. This is from the opening passage of his final Budget in 2007:
Thursday 10 February 2011
The International Monetary Fund was overly influenced by developed countries including the US and the UK when assessing their economies, and ended up missing signs of fragility that led to the 2008 global financial crisis, an internal audit has found.
Friday 12 November 2010
Wednesday 22 September 2010
Everyone is worrying about the recovery. They shouldn't. After a dip in the coming months, the world economy should experience several years of solid growth. Instead people ought to be worrying about whether the developed world can get itself into shape, so that it can come through the next downturn in better nick than it came through the past one.
Thursday 09 September 2010
The UK will see the strongest growth among all of the G7 nations in the third quarter despite a sharply slowing recovery, economic forecasters said today.
Saturday 24 April 2010
Wednesday 07 April 2010
The UK economy is forecast to grow at a faster pace than most of the world's seven major developed countries in the first half of the year as its recovery picks up pace, according to a report out today.
Wednesday 24 February 2010
George Osborne will today accuse Gordon Brown of becoming the first prime minister to preside over a slide in the size of the British economy.
Friday 12 February 2010
Government action to help the economy staved off depression during the worst of the downturn, Chancellor Alistair Darling claimed today.
Tuesday 09 February 2010
Sunday 07 February 2010
A crisis in Europe over budget belt-tightening has upended global markets and seized the attention of financial leaders meeting in the Canadian Arctic.
Sunday 07 February 2010
Sunday 08 November 2009
The G20 finance ministers are gathering this weekend in St Andrews, not to play golf but to knock economic policy ideas about. The G20 embraces the main developed economies and the largest emerging ones, and is, as you may recall, replacing the smaller G7 club of developed nations as the main body co-ordinating the world economy.
Friday 09 October 2009
The much-maligned British worker has achieved a marked improvement in productivity, according to new figures from the Office for National Statistics. The ONS's latest estimates for GDP per worker show that the UK's record on that score is now superior to Japan and similar to that of Germany, though it still lags behind Italy, France, and, especially, the US. It, thus, remains below the average of the G7 "club" of leading advanced economies.
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