×

Recession

(Image: Getty)

Why the UK should should be subject to different rules on European migrants

23 October 2014 11:25

The rest of Europe has, predictably, reacted negatively to the suggestion that the UK should be able to impose some kind of cap on free movement while remaining in the… Continue reading

78 Comments
Model Lauren Budd attends Cowdray Park for the Veuve Cliquot Gold Cup Polo match on July 19, 2009 in Midhurst, England. The local rural economy needs the support of 'townies'. (Photo by Frantzesco Kangaris/Getty Images)

Sir Andrew Motion, there’s much more to rural life than housing

30 March 2013 12:06

Five years of living in squalid parts of London has made me appreciate my rural upbringing. I grew up on a small farm on the borders of West Sussex, Surrey… Continue reading

18 Comments
BRITAIN-ECONOMY-RETAIL-DISTRESS

Whisper it, but the British economy may in better shape than you think…

7 February 2013 12:51

Doom and gloom is all around. This is another winter, if not of discontent, then certainly of persistent grumbling. Optimism is as rare as a Scottish victory at Twickenham and,… Continue reading

7 Comments
GDP QonQ growth

Worst recovery in history: British GDP shrinks by 0.3 per cent

25 January 2013 9:34

Now we know why David Cameron delivered his Europe speech on Wednesday. It’s time for bad headlines again: the GDP figures just announced show that the British economy is contracting… Continue reading

100 Comments
Time for a double dip? Today's figures suggest that the Eurozone is back in recession.

Eurozone enters double dip recession

15 November 2012 9:50

The Eurozone is now in recession – this, at least, is what is implied by today’s avalanche of dire economic data. Eurostat has not (yet) made this calculation; but Capital… Continue reading

13 Comments
Is Britain working?

Employment returns to pre-crash levels

12 September 2012 14:30

Employment has almost entirely recovered to its pre-recession peak, according to today’s new figures. Total employment for May to July stood at 29.56 million — up 236,000 on the previous… Continue reading

21 Comments
May Day Demonstrations In London

City retribution

19 July 2012 11:00

When City AM editor Allister Heath was leaving the BBC’s Westminster studios on Friday, the last thing he would have expected was to be ‘arrested’. Out popped an overexcited viewer… Continue reading

11 Comments
117710

Balls’s argument is detached from reality

25 April 2012 21:26

So who killed the recovery? Ed Balls points to a ‘recession made in Downing St,’ and has gone on a victory tour today. ‘I have consistently warned David Cameron and… Continue reading

36 Comments
11710

Britain’s longest downturn

25 April 2012 11:20

As of today, we now have four years’ worth of GDP figures since the UK first went into recession — and they don’t look pretty. By this point in the… Continue reading

25 Comments
118110

The economy adds to Cameron’s woes

25 April 2012 10:35

This morning brought the economic news that the coalition has been dreading: the country has double dipped. Now, this is based on preliminary figures which may well be revised up.… Continue reading

26 Comments
11810

Our economy fell back into recession

25 April 2012 9:31

Or at least technically-speaking it did. The figures released this morning suggest that the economy shrank by 0.2 per cent in the first quarter of this year, which is the… Continue reading

29 Comments
1611

The recession: four years and counting

25 January 2012 17:49

It is now four years since recession hit the UK. It took just over three years for GDP to return to pre-recession levels in the much milder downturns of the… Continue reading

15 Comments
1651

Bringing the squeeze into focus

23 January 2012 18:09

The ‘word of the year’ for 2011 is already featuring prominently in 2012. Yep, the ‘squeezed middle’ is the focus of the Resolution Foundation’s latest report, which they launched in… Continue reading

14 Comments
168810

Osborne visits China, but can’t escape Europe

16 January 2012 11:20

Yet another day here in Westminster that’s all about the economy. Nick Clegg has just delivered a speech on the subject to Mansion House, focusing on ‘responsible capitalism’, which we’ll… Continue reading

15 Comments

Behold post-Putin Russia

5 December 2011 12:03

Sunday’s parliamentary elections in Russia marked the beginning of the end of the Putin era. It won’t feel like it for another few years, as the Russian strongman ascends to… Continue reading

8 Comments

Those gloomy OECD projections in full

28 November 2011 12:21

Thanks to the tremors along Westminster’s grapevine, we already knew that today’s OECD Economic Outlook would make for pretty dreary reading. But now that the report is actually out, we… Continue reading

7 Comments

Cable can’t make any promises

20 October 2011 9:07

Did you realise that today is the first anniversary of the government’s Spending Review? Neither did I until the politicians started making a fuss about it, starting with Vince Cable… Continue reading

11 Comments

Euro-zonked

26 September 2011 9:49

Well, so much for that. The FTSE 100 fell as much as 1.7 per cent this morning, while overnight the euro and Asian stock markets tumbled, after Europe’s leaders announced… Continue reading

14 Comments

Time for the QE gamble, again

11 September 2011 16:23

It’s time to warm up the printing presses. When growth evaporates and governments feel politically unable to cut spending or raise taxes, there’s only one tool left: printing more money.… Continue reading

32 Comments

Darling lifts lid on Brown’s chaotic government

4 September 2011 10:39

Tieless, Alistair Darling appeared on Marr this morning to discuss his memoir. As with so many of these New Labour autobiographies, there was the strong whiff of a therapy session.… Continue reading

40 Comments

Shaking our faith in money

18 July 2011 18:45

Addictive though the hacking inquiry is, the average Brit is probably more worried about the slow decimation of his spending power at a time when salaries are flat. Against this… Continue reading

72 Comments

A nation of shareholders?

23 June 2011 16:23

The great sleeper issue in British politics at the moment is what to do with the state owned bank shares. The money that could be generated by a sale of… Continue reading

23 Comments

Why Belfast is ablaze

23 June 2011 10:59

I live three miles away from where the rioting was happening in East Belfast last night, and heard the helicopters whirring overhead. It was the kind of sound that anyone… Continue reading

41 Comments

Miliband and the past

15 June 2011 13:21

Labour’s simmering resentments and self-doubts have been boiling over recently — and today is no different. Compare and contrast The Sun’s interview with Tony Blair with Andrew Grice’s article on… Continue reading

16 Comments

Osborne comes to a decision on the banks — but the story doesn’t end there

15 June 2011 9:06

In his speech to Mansion House last year, George Osborne asked a question of his frosted and cumberbunded audience: "Should we restrict or split the activities of banks?" In his… Continue reading

12 Comments