A story of business success at a car components plant in the Midlands – as George Osborne hails a revovery and says he is determined to stick to his economic plan.
It may not be a double dip, but is this “sunlounger recovery” really something to celebrate?
What is actually happening to capital spending? Just where did the chancellor get his £300bn number from?
George Osborne’s Autumn Statement assumes he is right to claim he can raise £3.5bn from the sale of 4G. A sell-off in the Netherlands did eight times better than expected, but can Britain manage a similar feat?
The Bank of England has just released a fascinating defence of the unintended consequences of its massive quantitative easing programme. Economics Editor Faisal Islam takes a look.
Economics Editor Faisal Islam blogs on his meeting with George Osborne – and the five key areas where the chancellor has ‘refined’ his views on the economy.
The IMF Fiscal monitor reveals that George Osborne is borrowing money after all – but he’s not calling it stimulus spending, since it falls within his deficit reduction plan.
There’s an already existing meltdown affecting everyone in Britain. The Institute for Fiscal Studies have outlined the scale of the squeeze British people face. And it’s incredible in whatever currency.
Deputy Prime Minister Nick Clegg is expected to announce £1bn, opportunities for 500,000 18-24-year-olds, and funding for work placements, apprenticeships and work experience to fend off the scourge of youth unemployment.
A deal is reached, but Economics Editor Faisal Islam says the devil will be in the detail. The bailout bazooka will need the goodwill of the rest of the world.
Economics Editor Faisal Islam blogs on whether the Geithner moment is here for the world’s economy?
Looking at the stock market over the past year, all you see is a money-printing asset price boom lasting 9 months that disappeared when QE stopped. It was a fake recovery. A sugar high.
So overall, an attempt to centralise decisionmaking over tax, spend and borrowing between France and Germany, as a prelude to doing it across Europe. Which leads me to the Eurobond, the much vaunted silver bullet awaited by many in the markets, the Italians, and are very own George Osborne.
Faisal Islam blogs on how the British economy did officially shrink in the last quarter – by a fraction of a per cent.