George Osborne runs the risk of a double-dip recession
Our Economics Editor writes that the GDP figures are much worse than expected – and could pave the way for Britain to enter the second stage of a double-dip recession
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The terms and size of Portugal’s bailout is on the agenda as European finance ministers meet. Chancellor George Osborne has flown to Budapest for talks about the rescue package.
Portugal has been thrown into political uncertainty after prime minister Socrates’ resignation, but economists warn the upheaval has implications for the wider EU – including the UK.
Could the Maypole be facing the chop? With the government considering a new bank holiday later in the year, Channel 4 News fans on Twitter and Facebook have been busy suggesting where it should go.
Our Economics Editor writes that the GDP figures are much worse than expected – and could pave the way for Britain to enter the second stage of a double-dip recession
Irish Prime Minister Brian Cowen has said that he will stay on as leader of the Fianna Fail party for the best interests of the country after calls for his resignation.
David Cameron says he has won the backing of France and Germany for a freeze in the European Union budget from 2013 to 2020.
The budgetary watchdog sees an “uncertain” future for the UK economy – but predicts public sector job losses will be much lower than forecast. Chancellor George Osborne says “Britain is on the mend”.
Ireland’s premier Brian Cowen rules out rushing through emergency economic measures, as financial experts tell Channel 4 News that the Irish bailout could lead to more splits in the Eurozone.
As the details of the EU/IMF deal to rescue Ireland’s economy are finalised, what could be the impact on other countries potentially at risk of financial breakdown?
The Taoiseach Brian Cowen has again denied that he has asked the EU for help to solve the Irish financial crisis. But Faisal Islam says the pressure is still on Dublin to accept support.
As speculation mounts over whether Ireland will seek an EU bailout, economic analyst Peter Stafford says the Irish government has lost control of both its finances and its message.
The Royal Navy’s flagship aircraft carrier HMS Ark Royal is to be scrapped along with its fleet of Harrier jets as the coalition prepares to announce cuts in the Strategic Defence and Security Review.
As Irish taxpayers brace themselves for another bank bailout, our Economics Editor Faisal Islam says the prospects should be better in Britain.
Coordinated strikes in major European cities cause travel disruption as workers protest against spending cuts while austerity measures begin to bite across the continent.
Faisal Islam blogs about the shrinking Irish economy, and the warning signals it’s sending the Treasury.