blog archive
(Not) Too Clever by Quarter?
Today’s preliminary 2011 quarter 2 GDP release showed that the UK economy was still growing, but that the rate of growth had slowed (from 0.5% in 2011Q1). By June 2011, the economy was just 0.7% larger than it was in June 2010 and the Government’s forecast growth in GDP for 2011 of 1.
Read more...Tue 26 July 2011
(Not) keeping up with the Joneses?
The TUC’s recent economic report Britain’s Livelihood Crisis, found that the gap in income between the richest and poorest members of society has been increasing in recent decades, even before the recession and in spite of the modestly redistributive policies and minimum wage legislation of the 1997-2010
Read more...Tue 21 June 2011
Debt: apocalypse now or much ado about nothing?
Reducing public borrowing and public debt is one of the Coalition Government’s main economic objectives. However, the UK's public sector debt rose by 19% to £910bn over the year to April 2011, and now stands at some 60% of GDP (excluding banking sector intervention).
Read more...Tue 31 May 2011
The euro: stuck in a burning house with no exit?
The launch of the euro in 1999 brought together eleven economies in a common currency zone and created a market of nearly 300 million people; expansion has added a further six member nations and an additional 30 million people.
Read more...Tue 24 May 2011
If you’re happy and you know it…?
The term "Gross National Happiness" was first coined in 1972 by Bhutan's former King Read more...
Sat 07 May 2011
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