The Greek crisis ramped up a gear last night when, at the start of supposed “last chance” talks in Brussels, EU negotiators told the Greek delegation that “negotiations were over”.
In “Pirates of Canary Wharf” that went on for years. It was un-ethical behaviour that “became the norm” – Mark Carney will say tonight.
Low wages, unaccountable welfare cuts and an immigrant-based economy. The Sun’s budget splash could tell a different story.
The European deal done six days ago was supposed to stabilise the Greek debt crisis. But the situation in Greece is still critical.
The Greek crisis, grinding away at the periphery of Europe, has thrust itself back into the limelight.
Just when the media were starting to get all breathless about the “recovery” in real wages, the government’s gone and released data showing how truly and devastatingly low pay has become.
Germany suffers its sharpest drop in industrial production since 2009 – boosting fears that the EU’s economic powerhouse could head for recession and trigger a crisis across Europe.
Strong jobs growth continues as UK unemployment rate falls – but wage data show prices continue to rise much faster than pay packets.
Gary Gibbon
George Osborne said he wanted to warn about “a dangerous new complacency” that he’d sensed on the economy. Privately, he and others at the top of the Tory party think they may have contributed to this.
Gary Gibbon
The Tories wanted to monster Labour’s “Blue Peter economics” and proclaim themselves the party of aspiration and business – two mantles party strategists felt Labour abandoned last week.
Gary Gibbon
Gary Gibbon weighs up whether we are, in fact, seeing an economic recovery.