UK Gdp

Says Yes to TTIP

Lewis Worrow | Posted 14.07.2015 | UK Politics
Lewis Worrow

The cost of losing this progress will be dear otherwise, a cost that will mostly be felt by consumers. It is time to say goodbye to import tariffs and restrictions on trade and welcome a more competitive Europe.

The Age of Irresponsibility

Craig Berry | Posted 09.07.2015 | UK Politics
Craig Berry

George Osborne's budget speech was, as usual, a masterclass in combining the rhetoric of change with reality of continuity. Britain has, according to Osborne, left 'the age of irresponsibility' behind. There is very little basis for this claim. Instead, the Budget, Osborne's first without Lib Dem shackles, perpetuates his reckless stewardship of the British economy.

How Much Of The Government Budget Really Goes On Welfare?

The Huffington Post UK | Aubrey Allegretti | Posted 08.07.2015 | UK Politics

Chancellor George Osborne is revealing today where the promised £12bn of welfare cuts will fall. His emergency Budget address lays out the Govern...

Greek Crisis: Time to Invert the Hierarchy of Wealth in Europe

Martin Whitlock | Posted 02.07.2015 | UK Politics
Martin Whitlock

Ultimately, that is all it takes - changing the political perception of what is merely cost, and what has real value in people's lives. Paying to gain access to the resources of real wealth-creation is a cost in human terms; the work that people choose to do because it brings undeniable benefit to their lives has value, even if no money changes hands.

Will the World Plug Into the Sun?

Preetam Kaushik | Posted 29.06.2015 | UK Tech
Preetam Kaushik

Even as the world is frantically searching for alternative energy, there is one source that will always hang around without ever getting depleted. The Sun. In the next 10 to 20 years, or maybe even by 2050, solar PV is expected to be the main source of powerful energy, suited to the new millennium.

This Is What GDP Is Not Telling You

Claudia Delpero | Posted 08.06.2015 | UK
Claudia Delpero

Let's forget about the economy for a moment. What if we ranked countries by people's wellbeing instead of Gross Domestic Product? The question seems o...

European Ad Market in Rude Health as Advertising Week Europe Kicks Off

Nikki Mendonca | Posted 25.05.2015 | UK
Nikki Mendonca

With Advertising Week Europe now in full swing, the following six trends highlight why the ad industry is actually in a good place.

Davos 2016: One Year to Solve The Case

Claudia Delpero | Posted 29.03.2015 | UK
Claudia Delpero

It may be a rebalance of the economic powers, but the planet is far from being the place of equality. Oxfam claims that "in 2010, it took 388 billionaires to equal the wealth of the bottom half of the world's population and by 2014, the figure had fallen to just 80 billionaires." If the trend continues, warns the humanitarian group, in two years the richest 1% will have more than the remaining 99%.

Good, Bad or Ugly: Low Inflation in the UK

Naomi Kerbel | Posted 15.03.2015 | UK
Naomi Kerbel

What's not to like about wages increasing (in the three months to October, average earnings excluding bonuses were up 1.6% from a year earlier) and prices only rising by half a percent? Economists are in two minds.

Student Debt To Cost Britain Billions Over Next 30 Years

The Huffington Post UK | Lucy Sherriff | Posted 12.01.2015 | UK Universities & Education

Student debt will cost Britain billions over the next 30 years, figures obtained by a former universities minister reveal. John Denham, a former La...

The Autumn Statement Looks Far Too Optimistic

John Mills | Posted 17.02.2015 | UK Politics
John Mills

The Chancellor's recent Autumn Statement generated a number of big-splash headlines with announcements on Stamp Duty, tax and savings. But there are really only two key criteria by which we will judge the Chancellor's Statement in the long term.

The EU Needs to Learn the True Meaning of 'Wealth'

Martin Whitlock | Posted 14.02.2015 | UK Politics
Martin Whitlock

If the E.U. is keen to assert leadership on these issues, it could do worse than reflect upon what "wealth" really means for its 500 million citizens.

Are You up for a Data Revolution?

Claudia Delpero | Posted 01.02.2015 | UK
Claudia Delpero

An advisory group to the United Nations is calling for a revolution. It won't be taking people to the streets, ousting governments or causing bloodshed, but it will overhaul the data driving governments' decisions.

A World Where People Count

Manuel Barcia | Posted 23.01.2015 | UK
Manuel Barcia

Just after the results of the Brazilian presidential elections were made public a few days ago, giving current President Dilma Rouseff of the leftist Workers Party a small margin of victory over her opponent Aécio Neves, the British weekly magazine The Economist did what it always does, and came up with one of their worst ever statements.

How to Earn £90,000 a Year Making Sandwiches While Saving the NHS

Martin Whitlock | Posted 18.01.2015 | UK Politics
Martin Whitlock

Instead of struggling to find new jobs for all those redundant sandwich makers, therefore, the most beneficial solution is to spread the extra free time around the working population to improve the quality of their health and lives. To achieve this, two things are needed...

Is GDP Cheating West Africa?

Claudia Delpero | Posted 22.11.2014 | UK
Claudia Delpero

The spectacular GDP growth recorded by some West African countries in the past 5 years is all of a sudden undermined by the spread of the Ebola virus. The epidemic has put under the spotlight the poor conditions of health systems in the region, but also the fragility of economic models measured only by Gross Domestic Product.

Will Austerity Really Reduce the Government Deficit?

John Mills | Posted 10.11.2014 | UK Politics
John Mills

In 2013, the government deficit, according to the latest available Office for National Statistics (ONS) figures, was £92.9billion, which was 5.8% of GDP. All our major political parties are fixated on getting this deficit down by cutting expenditure and raising taxes. But should they be quite so determined to do so? Is austerity really the best way to cut the deficit?

Asa Bennett

Mission Accomplished? 11 Problems Osborne Would Prefer You Ignored

HuffingtonPost.com | Asa Bennett | Posted 25.07.2014 | UK Politics

George Osborne has thanked the "hard work of the British people" as official figures out today showed that Britain's economy has fully recovered from ...

Making the Pursuit of Happiness as Important as GDP

Paul Burstow | Posted 07.09.2014 | UK Politics
Paul Burstow

The cost of doing nothing or simply settling for gradual change runs to billions of pounds, but the real cost is measured in human misery, misery for want of determination to act on the evidence.

What Are the Prospects for the UK Economy in 2015?

John Mills | Posted 30.08.2014 | UK Politics
John Mills

The next general election will be held in May 2015. No-one can foretell the outcome. But it is much easier to anticipate the economic prospects that will be faced by whichever party or combination of parties wins power.

Our Old Enemy - Sometimes Called the 'British Disease' - Is Back With a Vengeance

Liam Byrne | Posted 23.08.2014 | UK Politics
Liam Byrne

Since the election, output for every hour worked has not gone up - it's gone down, whilst output per worker has followed the same trajectory. We're actually less productive than we were in 2010. This appalling record is far worse than the last years of the 1970s, long deemed the moment when 'British disease' reached its peak.

Co-operatives: The Untold Story

Ed Mayo | Posted 22.08.2014 | UK
Ed Mayo

Now I know what a steamroller can do. The last year has been the most dramatic and the most traumatic ever for the co-operative sector. For years, you wait for the mainstream business press to pick up on the potential of the co-operative model in today's more open and fluid world of enterprise, and then...wham.

When Economic 'Recovery' Is Accompanied By Increased Homelessness and Hunger, We Need to Reassess Our Economic Indicators

Keith Taylor | Posted 20.08.2014 | UK Politics
Keith Taylor

Rather than celebrating some abstract figure, the Greens are serious about creating an economy which serves the common good; an economy based on secure jobs that pay and enable people to live full lives.

Despite the Austerity Narrative, Public Spending Continues to Rise and Debts Continue to Grow

Lord Palumbo | Posted 16.08.2014 | UK Politics
Lord Palumbo

The problem is, despite the austerity narrative, public spending continues to rise and our debts continue to grow. There are currently a number of other issues thrown into the political mix such as; Scottish independence, immigration and Europe. Whilst these are of course important issues, they perhaps distract from the key fiscal debate.

Landmark European Elections Deliver Political Earthquake

Andrew Hammond | Posted 29.07.2014 | UK Politics
Andrew Hammond

Voters from the 28 member nations of the European Union delivered an election earthquake on May 25. Results show major gains in the European Parliament for anti-integration, Euroskeptic parties which span the ideological spectrum from the extreme-right National Front which won the ballot in France, to the far-left Syriza Party which came first in Greece.