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economy Articles

NI hike would be a ‘courageous’ policy

The UK economy is growing and at a faster rate than most people expected a year ago. Growth forecasts are still being upgraded and expansion can be seen across the economy. To add to this good news, the unemployment rate has fallen below seven per cent and wages are...

It’s the assets, stupid

How Labour should respond to the budget’s pensions shake-up Labour and the Tories share a perverse incentive to talk down the economy just at the time that economic growth begins to soar. George Osborne and David Cameron, acutely aware that their strongest trait in...

Winning the ‘race to the top’

Falling living standards are partly about the price of essentials, like electricity, gas and public transport rising faster than inflation. It is also about wages rising too slowly, and too many people – especially young people – being without decent jobs. There are...

Borrowing ballooning out of control

This year’s budget did not do much for the macroeconomic outlook. In that sense, it was in line with expectations. The big picture remains in place – years of spending cuts while hoping economic recovery is sustainable. The chancellor chose to ignore the underlying...