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economy Articles

From technical to proper recession

We were all expecting bad news on growth today – but not this bad. This deeper and longer double-dip recession is a devastating blow to George Osborne’s credibility, but also presents a major challenge to policymakers on all sides. The closer we get to the next...

Where next for eurozone governance?

When in 2010 the global financial crisis finally hit and started to deeply unsettle the eurozone, many commentators and experts, particularly in the Anglo-Saxon sphere but also elsewhere, felt a great deal of vindication: ‘Didn’t we warn them that a single currency...

The end of the beginning?

Labour is regaining the trust of British business. Under Ed Miliband’s leadership Labour have already made huge strides on the journey from the foothills of our dismal 2010 election failure to the lofty peak of returning to power. On Tuesday another significant step...

Making a British investment bank work

Within Ed Miliband’s speech arguing for more bank reform last week was a little-noticed reference to the need for a British investment bank. He stated that since Labour does not believe ‘the banks we already have will be equal to the task of lending enough to small...