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Hard to avoid recession, if that’s where Europe’s heading – Osborne
Forecasts for UK government borrowing have been increased, Chancellor George Osborne has announced in his Autumn Statement. The Chancellor said borrowing would be £5bn more this year than originally...
View ArticleNo Case for Plan B – Lessons for the Great Recession from the Great Depression
How Keynesian policies would not have worked then, and why they will not work now. To view the report, click here.
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Government must hold the course of fiscal austerity – IEA
The Institute of Economic Affairs has published a new report. The ‘No Case for Plan B – Lessons for the Great Recession from the Great Depression’ argues that any switch to a Plan B on the economy...
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Weak eurozone growth may prompt rate cut
Official figures show that the eurozone economy barely grew in the third quarter of 2011, with collapsing business confidence and slowing industry pointing to a recession. The figures could give the...
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Switzerland takes a hit on the count of the economy
The Swiss Government has cut its 2012 growth forecast, blaming the economy’s exposure to the eurozone crisis. The expected growth rate was lowered to 0.5% from 0.9%. Providing the eurozone crisis...
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Pay freeze to last another eight years for middle income earners
A report by the Resolution Foundation has claimed that while the rich will continue to grow their wealth, the ‘squeezed middle’ will not get back to their pre-recession earnings until at least 2020....
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IoD: Stop the doom and gloom on the economy
A new survey of 1,000 business leaders by the Institute of Directors (IoD) shows that companies are relatively confident despite the weak economic outlook. A total of 1,067 IoD members took the Policy...
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OECD study shows UK back in recession
A new economic study by Paris-based think-tank the OECD indicates that the UK is moving back into recession. According to the OECD, the UK economy is expected to contract by 0.4% in the first three...
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UK descends into double-dip recession
According to the Office for National Statistics (ONS), the UK has fallen into its first double-dip recession since the 1970s. Figures showed that UK GDP shrank 0.2% in the first three months of 2012,...
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It is now time for the UK Government to alter its direction – Salmond
Scottish First Minister Alex Salmond has highlighted the urgent requirement for investments in infrastructure projects to act as a stimulus for growth. The First Minister wrote to Prime Minister David...
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Ed Balls calls on Chancellor to change economic tactics
Shadow chancellor Ed Balls has warned that the UK economy risks a ‘lost decade’ of stagnation unless the Government changes its austerity-focused approach. Mr Balls told the Observer in an interview...
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More people working part time
Analysis by think tank IPPR shows that there has been a fall in unemployment due to a rise in part-time working. The study which looked the latest unemployment figures showed that while unemployment...
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Poor working capital management has cost business £125bn
The UK’s largest companies have failed to free up £125bn of cash over the last five years due to inefficient working capital management, compared to £400bn across Europe. New research from...
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FSB on Scottish GDP
The Federation of Small Businesses (FSB) has said that it’s unsurprising that Scotland, like the rest of the UK, has re-entered recession. The comments follow the new GDP Scottish GSP statistics that...
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Sharp decline in construction furthers recession woes
The most recent data from the Office for National Statistics (ONS) points to a substantial decrease in construction output, adding to the UK economy’s recession woes. According to the ONS’s first...
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Recession puts brakes on IT spend
Global IT spend is expected to reach $2.7tn by the end of 2012 – a rise of 3.9% on the previous twelve months. However, the increase falls short of earlier predictions, suggesting that the return to...
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UK set to be fastest-growing major economy in Europe in 2013/14 – Cebr
According to the latest global outlook report from Cebr, the economics think tank, the eurozone recession will continue through 2013 with ‘only marginal growth’ likely in 2014. Although the UK’s growth...
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EC Harris review confirms struggle within construction industry
International Built Asset Consultancy firm EC Harris has found that despite the end of the UK recession, the construction sector is still struggling. In its quarterly publication – Market View UK –...
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Avoiding administration: what can be learned from HMV?
This post originally appeared on the Tracker Intelligence blog. To read more from Tracker, please click here HMV’s 92-year presence on the UK high street may be at an end as the entertainment giant...
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Surge in older UK workers
The number of people aged between 50 and 64 in employment in the UK has rocketed by nearly 2 million over the past 15 years, official statistics show. Unlike other age groups, their employment rate is...
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