economic policy

Northern Powerhouse seeks more control of HS2 rail scheme

Northern Powerhouse seeks more control of HS2 rail scheme

Business and city leaders warn of economic damage of cancellation and call for 2012 Olympics-style authorityA review of HS2 by northern business and city leaders has called for control of construction
Indonesia Oligarchs Are Trying to Yank Power From the President

Indonesia Oligarchs Are Trying to Yank Power From the President

Indonesia’s elites are edging closer to securing constitutional changes to strip President Joko Widodo of key powers in a move that could eventually end direct elections, presenting the most crucial
Labour plans for utilities would cost the UK £200bn, says CBI

Labour plans for utilities would cost the UK £200bn, says CBI

Party says calculation of renationalisation costs is ‘incoherent scaremongering’Labour’s plans for a sweeping renationalisation of utilities would cost Britain almost £200bn, the Confederation of
Firms ignoring climate crisis will go bankrupt, says Mark Carney

Firms ignoring climate crisis will go bankrupt, says Mark Carney

Bank of England governor warns of financial collapse linked to climate emergencyTop asset managers oversee $300bn fossil fuel investmentsWhy are asset managers investing in fossil fuel
Firms ignoring climate crisis will go bankrupt, says Mark Carney

Firms ignoring climate crisis will go bankrupt, says Mark Carney

Bank of England governor warns of financial collapse linked to climate emergencyTop asset managers oversee $300bn fossil fuel investmentsWhy are asset managers investing in fossil fuel
With growth this tepid, is it time to give 'helicopter money' a whirl? | Larry Elliott

With growth this tepid, is it time to give 'helicopter money' a whirl? | Larry Elliott

The state of the global economy is particularly worrying because the usual explanations do not applyGrowth is the default setting for modern economies. Humans innovate and improve, find better ways of
An EU deal ‘won’t mean a quick restart for the UK economy’

An EU deal ‘won’t mean a quick restart for the UK economy’

Economists and manufacturers warn recovery will be long delayed despite any deal prime minister may be working onBritain’s economy will take years to recover from the uncertainty that has seen
Finance Chiefs Head to IMF Amid Slowdown Concerns: Economy Week

Finance Chiefs Head to IMF Amid Slowdown Concerns: Economy Week

The guardians of the world economy head to Washington this week under the cloud of a slowing world economy.
UK on track to avoid recession despite Brexit chaos

UK on track to avoid recession despite Brexit chaos

Growth is weak but strong summer for services and a TV-film industry boom lifts quarterly figuresBritain is on track to avoid a recession despite mounting Brexit uncertainty after official figures

Closing railway lines has injured England | Letters

David Bricknell on the damage done by John Major’s rail privatisation and the setting up of Railtrack, and Alan Whitehouse points out that Scotland and Wales seem far better than England at reopening

Closing railway lines has injured England | Letters

David Bricknell on the damage done by John Major’s rail privatisation and the setting up of Railtrack, and Alan Whitehouse points out that Scotland and Wales seem far better than England at reopening
Nations must unite to halt global economic slowdown, says new IMF head

Nations must unite to halt global economic slowdown, says new IMF head

In her first speech, Kristalina Georgieva says looming crisis requires coordinated responseThe new head of the International Monetary Fund has told squabbling nations to forget their differences and
No-deal Brexit would 'push national debt to levels last seen in 60s'

No-deal Brexit would 'push national debt to levels last seen in 60s'

IFS says public borrowing will more than double next year whatever the Brexit resultEmergency tax cuts and higher public spending to offset the impact of a no-deal Brexit would send government debt to
No-deal Brexit would 'push national debt to levels last seen in 60s'

No-deal Brexit would 'push national debt to levels last seen in 60s'

IFS says public borrowing will more than double next year whatever the Brexit resultEmergency tax cuts and higher public spending to offset the impact of a no-deal Brexit would send government debt to
Without the Beeching report there might not have been Brexit

Without the Beeching report there might not have been Brexit

The reshaping of the railways left deep scars, with towns and villages isolated, and London all-importantThere are expert government reports that quickly gather dust. There are reports that seem as if
Without the Beeching report there might not have been Brexit

Without the Beeching report there might not have been Brexit

The reshaping of the railways left deep scars, with towns and villages isolated, and London all-importantThere are expert government reports that quickly gather dust. There are reports that seem as if
Gini index is a poor inequality measure | Letter

Gini index is a poor inequality measure | Letter

Graham Sowter takes issue with a recent letter by Tim Worstall of the Adam Smith Institute that cited data suggesting that income inequality has decreased slightly in the UK in the last decadeThere
Gini index is a poor inequality measure | Letter

Gini index is a poor inequality measure | Letter

Graham Sowter takes issue with a recent letter by Tim Worstall of the Adam Smith Institute that cited data suggesting that income inequality has decreased slightly in the UK in the last decadeThere
Greece, the eurozone crisis and the case against fiscal discipline | Letters

Greece, the eurozone crisis and the case against fiscal discipline | Letters

The fiscal irresponsibility of Greece was not the cause of the 2010 crisis, write Prof Philip Arestis and Dr Yiannis Kitromilides, while Prof Mary Mellor argues for greater state spendingProfessor
UK edges towards recession as service sector sinks

UK edges towards recession as service sector sinks

Surprise contraction comes amid sliding sales, higher costs, job losses and disruptive BrexitBritain has edged closer to its first recession since the financial crisis after the country’s dominant