As official Government figures show that the UK economy deflated in April, for the first time since the 1960’s, Diane Coyle looks at whether we should be worried. There was much excitement about the news that the UK’s Consumer Price Index (CPI) declined by 0.1% in the 12 months to April. A negative figure for […]
Wanted: A post-deficit economic narrative for Britain
The election is over and David Cameron’s new government is poised to pursue its legislative programme. Here Ken Clark explores the economic challenges facing the new Government, and in particular falling productivity. The economy was undoubtedly a crucial part of the election campaign and the eventual outcome. While the Conservatives emphasised the renewed growth, expanding […]
UK GDP grows more slowly – should we worry?
Professor Diane Coyle explains that the latest, disappointing, GDP figures tell us little about what is actually happening in the economy. That won’t stop them being used by all the parties in the last days of the General Election campaign. It was no surprise that the General Election spin machines should try to put their […]
Never Letting a Good Crisis Go to Waste: George Osborne’s plans to permanently ‘roll back the state’.
Professor Colin Talbot reflects on an Autumn statement that was really a mini-Budget – and some fine detail that hints at the Chancellor’s ultimate intentions. Much of the comment on today’s Autumn Statement by Chancellor George Osborne will focus on the specific measures he announced (there were lots) and on the short-term politics of the […]
There is life beyond austerity; now give us the freedom to make it happen
During Manchester Policy Week, four leading thinktanks debated what government might look like beyond the General Election and towards 2020. In an abridged version of his speech at the event IPPR North’s Director, Ed Cox (pictured above, standing), says there is life beyond the current austerity measures – but only if there are significant changes to present […]
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