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Economy

Labour Leader Ed Miliband Speech At The Science Museum

Image is the least of Ed’s worries

25 July 2014 14:51

What were Labour thinking? Against the background of Ukraine and Gaza, the only domestic story likely to cut through is an economic one. The news today is dominated by David… Continue reading

55 Comments
The UK's booming services economy is reflected in London's changing skyline. Image: Getty

The economy is above its pre-crisis level – but when will voters feel the benefit?

25 July 2014 10:11

The economy is now, at last, larger than its pre-recession peak. The coalition parties are keen to claim vindication this morning. Nick Clegg has declared that ‘The rescue has worked’… Continue reading

59 Comments
Image: Getty

Ed Miliband stakes all on his ‘big choice’

25 July 2014 8:59

Labour will launch its summer campaign later today. The centre-piece is Ed Miliband’s speech. He will present a ‘big choice’ to the British public, arguing that they cannot afford 5… Continue reading

131 Comments
Why can't we be more like the Germans? (PATRIK STOLLARZ/AFP/Getty Images)

Why we’ll mostly be supporting Germany on Sunday

11 July 2014 12:56

If you’re walking through any built-up area in England between 8 and 10pm this Sunday and you hear a cheer you can be pretty sure it means one thing –… Continue reading

94 Comments
Leeds Town Hall, scene of the 'Le Grand Depart' for the Tour de France in 2013, a symbol of urban renewal in the North. (Image: Getty)

Britain must realise George Osborne’s vision of a northern powerhouse

24 June 2014 11:31

If you walk around our great northern cities, you’ll see stunning examples of civic pride. Albert Square in Manchester and Leeds Town Hall reflect resurgent local confidence. Old narratives of… Continue reading

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Image: Getty

George Osborne has won over the IMF to austerity. Now can he win over Eric Pickles to planning reform?

6 June 2014 14:56

Fresh from celebrating the Tories’ victory in Newark, George Osborne is continuing a very joyful day by celebrating the International Monetary Fund admitting that it got it wrong on austerity.… Continue reading

22 Comments
Alistair Darling Poses Before Leaving To Give His First Budget Speech

Tax Freedom Day is a reminder of the choice in 2015: high tax Labour, low tax Conservatives

28 May 2014 14:02

Tax Freedom Day, which falls today, is cause for celebration. It marks the point in the calendar when someone’s income stops paying for their tax bill and they start keeping… Continue reading

53 Comments
Image: Getty

At last, it’s Tax Freedom Day… but just wait until you find out when Cost of Government Day is

28 May 2014 11:47

Today is Tax Freedom Day. That means that the average person in Britain has to work 148 days of the year solely to pay taxes. Only on Tax Freedom Day… Continue reading

6 Comments
Image: Getty

Inflation rises – should the coalition be worried?

20 May 2014 11:23

Inflation has risen for the first time in ten months, with the consumer prices index growing by 1.8 per cent in the year to April 2014, up from 1.6 per… Continue reading

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west

Should London leave the union?

15 May 2014 16:07

We’re four months away from Scotland’s day of destiny, with the London-Scottish media fraternity becoming increasingly alarmed, and ironically (considering their total unionism) far more noticeably Scottish. At the Telegraph… Continue reading

76 Comments
(Photo: Getty)

Wales, sleepwalking to independence?

14 May 2014 15:04

Independence is a fringe issue in Wales. Just 12 per cent of Welsh voters support it, and that figure has been stubbornly consistent. But it is far from implausible that within… Continue reading

59 Comments
Image: Getty

The politics of interest rates

14 May 2014 8:36

The Bank of England’s inflation report will be published later this morning, which will reveal how strong the bank believes the recovery to be. All eyes will be on its… Continue reading

34 Comments
Speaker John Bercow. Image: Getty

David Cameron is linking Ed Miliband to Labour’s past mistakes

30 April 2014 14:41

What a very long PMQs today, presided over by a very bumptious John Bercow. The Speaker let the exchanges run into what he called ‘injury time’, made a rather poisonous… Continue reading

20 Comments
Image: Getty

Today’s GDP growth figure could mean a political dividend for the Tories

29 April 2014 10:52

Today’s GDP figures are another sign that the recovery is strengthening. The 0.8 per cent growth in the first quarter is equivalent to more than 3 per cent annual growth.… Continue reading

58 Comments
Image: Getty

UK GDP rises by 0.8 per cent

29 April 2014 10:49

The first estimate of the UK’s economic growth for the first quarter of this year is out – and despite missing analysts’ expectations of 1 per cent growth, it’s good news… Continue reading

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These two men blew a golden opportunity to tackle welfare dependency.  (Photo by Steve Eason/Hulton Archive/Getty Images)

New Labour’s greatest failure

16 April 2014 18:58

My friend and critic Jonathan Portes obviously took exception to my remarks about Keynesianism having been disproven. His entertaining rebuttal claims to have exposed my misreading of data. That’s not… Continue reading

84 Comments
Bank Of England Cut Interest Rates To All Time Low

Inflation falls again

15 April 2014 10:06

Wages in the private sector are now rising faster than inflation. The latest CPI inflation figures show that it now down to 1.6 per cent, comfortably below the Bank of… Continue reading

9 Comments
World Leaders Meet For G8 Summit AT Lough Erne

Ukraine increases mistrust and misinformation between Russia and the West

14 April 2014 8:48

The tense situation in Ukraine has escalated overnight. A deadline has passed for pro-Russian agitators to vacate government buildings in eastern Ukraine or face military action. There is no indication… Continue reading

73 Comments
SajidJavidF

Sajid Javid’s first task is to recognise that the price of a cultural asset lies in its value as art

12 April 2014 10:30

The suggestion, made by the poet Michael Rosen and others, that Sajid Javid is not sufficiently cultured to be Culture Secretary is as ludicrous as it is pompous. The secretary… Continue reading

59 Comments
Image: Getty

France – worker’s paradise or Steynian Dystopia?

11 April 2014 14:12

Un autre jour glorieux dans la lutte contre réalité économique. France’s major employers’ federation and two unions have signed an agreement whereby employees not subject to the country’s 35-hour labour… Continue reading

27 Comments
Image: Getty

Osborne banks the recovery – and whacks his critics

11 April 2014 8:49

A few months ago, colleagues of George Osborne were worried the Chancellor risked ‘banking the recovery’ too early. If they’re still worried about that, then Osborne certainly isn’t. Today he’s… Continue reading

162 Comments
Image: Getty

George Osborne’s ‘fight for full employment’ speech – full text

31 March 2014 12:28

In a speech given at Tilbury Port in Essex, Chancellor George Osborne hailed cuts to business and personal taxes this week as the ‘biggest in two decades’ – and committed… Continue reading

15 Comments
Mark Field MP, who launched the Conservatives for Managed Migration group today. Photo: BBC.

‘Net migration’ is bogus. Maybe we should look at ‘net foreign migration’?

26 March 2014 10:21

Mark Field, MP for Westminster, has set up a brand new campaign group of Tory backbenchers called Managed Migration – as opposed, you might think, to the unmanaged sort we… Continue reading

25 Comments
The Chancellor George Osborne Prepares To Give His Budget To Parliament

George Osborne readies his tax dividing line

16 March 2014 11:08

George Osborne was on Andrew Marr this morning announcing support for a new garden city at Ebbsfleet in Kent and the extension of Help to Buy on new build homes… Continue reading

22 Comments
food_-_iceberg_lettuce

The poetry and poignancy of the Consumer Prices Index

14 March 2014 9:39

Tufted carpets out, flavoured milk in. Canvas shoes in, take away coffee out. Last year we accepted spreadable butter, dropped round lettuce. In 2006 we let in the chicken kiev… Continue reading

5 Comments