Faisal Islam
UK slump returns – UK growth ‘decimated’
The UK is probably in recession already, but the growth of the economy since the Oct 2010 spending review is just one tenth of government predictions at the time.
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Jon Snow
Banks: 'Too big to fail, too big to save'
Amid warnings that banks are now ‘too big to save’, and signs of a tug-of-war in Europe, perhaps the crashing of banks is what we can now see on our Christmas horizons.
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Faisal Islam
Politicians flounder amid gathering economic storm
Euro crisis, poor jobs figures, massive national strikes, on top of high inflation squeezing living standards – Economics Editor Faisal Islam reports on the political response to the economic bad weather.
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Faisal Islam
Britain’s economic emergency: flatlining living standards and low-skilled men
“You could call this the Great Stagnation, you could call it the Disastrous Decoupling, you could call it Growth without Gain. What it definitely is, though, is deeply bad news for a massive swathe of Britain.”
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Faisal Islam
Small businesses still suffering ongoing credit squeeze
Can the economy recover when small businesses still face rising finance costs? (If they can get credit at all) Economics Editor Faisal Islam reports.
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Gary Gibbon
Britain in 2011: people in work can’t feed themselves?
Gary Gibbon finds the shocking truth that there are thousands of people living in food poverty across the UK.
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Gary Gibbon
IFS forecasts: mummified economy?
Surrounded by death masks and shrouds, the IFS is giving its economic forecasts on the bowels of the British Museum. They are marginally but significantly gloomier than the OBR. blogs Political Editor Gary Gibbon.
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Lord Young’s claims: have we really never had it so good?
Lord Young hands in his resignation for his comments that people in the UK “have never had it so good ever since this recession – this so-called recession – started”. So how well off are we?
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Faisal Islam
Bank of England’s home truths for savers
Prudent savers are being sacrificed at the altar of feckless spenders – at least temporarily – and that is how it has to be in the current financial climate, the Bank of England’s Charlie Bean tells Economics Editor Faisal Islam.
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Faisal Islam
The Irish and their ‘austerity death spiral’
Faisal Islam blogs about the shrinking Irish economy, and the warning signals it’s sending the Treasury.
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Faisal Islam
IFS warns of sharpest cuts since Second World War
So there we have it. Clarity, honesty, and candour on Day 22 of the election campaign. Not at any of the party political press conferences. No, it’s been left to the trusty holders of the spending shield of truth: the Institute for Fiscal Studies.
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Faisal Islam
Cameron commits to cuts even if Britain’s economy relapses
Economics correspondent Faisal Islam describes interviewing Conservative leader David Cameron, who says his party would start cutting the deficit this year, even if Britain relapses into recession.
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Faisal Islam
Darling’s softly softly tactics
Faisal Islam blogs on the end of the recession and Alastair Darling’s tactics.
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Faisal Islam
Britain squeaks out of recession but is this the double-dip?
Britain has squeaked out of recession but the figures are consistent with the dreaded double-dip, blogs Faisal Islam.
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Gary Gibbon
We’re out of recession, but do Brown and Cameron look daft?
Who comes away with most egg on their face after a figure like that? The economy may have grown 0.1 per cent in the fourth quarter of 2009. But does it make Gordon Brown look a bit premature in announcing the country’s out of recession? This figure is preliminary and could be revised downwards. Or…