UK Gdp

How Do We Know How Rich (or Poor) We Are?

Margaret Heffernan | Posted 01.04.2014 | UK Politics
Margaret Heffernan

"We could be poorer - or richer - than we think. We don't really know how wealthy we are." That is the opinion of Vicky Price, economist and one-time joint head of the government's economic service. Her sense of disquiet is sparked by the fact that the standard measure of a country's wealth - GDP - in fact leaves out so much.

Circular Economy: Integrating 'Life' into Businesses Responsible for 'Tomorrow'

Preetam Kaushik | Posted 28.03.2014 | UK
Preetam Kaushik

The current economy with linear production where only products are built to be discarded at the end seems to be a game where everyone is out to lose.

More To Life Than Money Says Ex-Civil Service Head

The Huffington Post/PA | Posted 24.03.2014 | UK Politics

Politicians should consider "wellbeing" as well as the economy when making policy, according to a commission led by the former head of the civil servi...

Osborne's Budget 2014: The Good, the Bad and the Ugly

Ryan Bourne | Posted 19.03.2014 | UK Politics
Ryan Bourne

With the fiscal situation still tight, and a year to go before an election in which the Chancellor will accuse the opposition of fiscal profligacy, it was never likely that this was going to be a particularly exciting budget - and so it proved.

To Prosper and Become a Great Trading Nation Again, We Must Increase Our Airport Capacity

Adam Afriyie | Posted 05.03.2014 | UK Politics
Adam Afriyie

If we are to prosper and become a great trading nation once again, we will need to boost our airport capacity. We need modern airports with larger freight and passenger capacity; we need to be able to export British-made goods and compete against our European neighbours. No-one disagrees with this.

BoE: 'The Recovery Is Neither Balanced Nor Sustainable'

The Huffington Post UK | Asa Bennett | Posted 12.02.2014 | UK Politics

Mark Carney has warned that Britain's economic recovery has not yet gained enough momentum, in a sobering assessment after several quarters of growth....

Inflation Is Still a Major Risk to Our Economy

Syed Kamall | Posted 01.04.2014 | UK Politics
Syed Kamall

So the headline rate of inflation has finally hit its target, for the first time in over four years. But let us not get too carried away in jubilation. We know from the past four years just how stubborn it can be.

GDP Figures: 9 Things You Need To Know

The Huffington Post UK | Asa Bennett | Posted 28.01.2014 | UK Politics

Britain's economy grew by 0.7% in the final quarter of 2013, capping off a year that saw 1.9% annual growth in total. But Vince Cable warned it is ...

Growth Up and Unemployment Down, But Living Standards Concerns Are Here to Stay

Matthew Oakley | Posted 29.03.2014 | UK
Matthew Oakley

The recovery seems to have well and truly set in. Today's ONS release of UK growth data suggests that the UK economy grew by 0.7% in the fourth quarter of 2013. With brighter prospects for the economy and wages, many commentators are hailing the end of the "cost of living crisis"...

Vince Rains On George's Parade In Gloomy Economic Recovery Warning

The Huffington Post UK | Asa Bennett | Posted 28.01.2014 | UK Politics

Vince Cable has broken ranks to warn George Osborne that Britain's economic recovery could prove "short-lived", despite new figures showing that Brita...

Swiss National Bank's Investment Policy Reconsidered

Spiros Margaris | Posted 24.03.2014 | UK
Spiros Margaris

The Swiss National Bank (SNB) President Thomas Jordan has to reconsider the SNB investment policy due to the fact that its equity holdings have grown to around 71 billion Swiss francs in the third quarter of 2013.

Asia-Pacific Is Leading the World on Carbon Emissions Trading

Adam Matthews | Posted 10.03.2014 | UK
Adam Matthews

This article is co-authored with Terry Townshend who is Head of Policy at GLOBE International It is not well know that Kazakhstan -- a nation whose l...

Why the Valuation of Natural Capital Is Key to Protecting the Planet

Barry Gardiner | Posted 16.02.2014 | UK Politics
Barry Gardiner

"Grow your economy. And become poorer!" Not a very inspiring message. It doesn't even sound coherent. But however stupid it might sound, that is what is still happening in many developing countries. And if you don't believe that it is possible to grow your GDP at the same time as seeing a decline in your national wealth then consider the following...

The Autumn Statement Brought Good News - But Not Enough for the Self-Congratulation We Saw

Dr Steve Davies | Posted 04.02.2014 | UK Politics
Dr Steve Davies

After several years of generally bad years, everyone will welcome the good news that the Statement contains. However we have good reasons to think that the medium term prospects are not as rosy as the Chancellor thinks...

Recovery? Numbers You Won't Hear The Chancellor Mention

Huffington Post | Mehdi Hasan | Posted 04.12.2013 | UK Politics

The chancellor George Osborne will rise to the despatch box after 11am on Thursday to present his Autumn Statement to the House of Commons - and to th...

Wake Up to What's Happening in Geneva

Andrew Wilson | Posted 26.01.2014 | UK
Andrew Wilson

When I hear critics of the World Trade Organization, I'm increasingly reminded of the great moment in Monty Python's Life of Brian where a bunch of would-be Judean rebels ask "what have the Romans ever done for us?"... Fast-forward to the present day and criticisms of the WTO might well be met with a similar riposte.

Jein: Germany Is Not as Strong as It Looks

Terence Tse | Posted 25.01.2014 | UK
Terence Tse

The fact that Germany is not as strong as we believe means that the country may not be able to lift Europe out of its economic woe. If this is really the case, we are pinning our high hope on the wrong leader. It therefore makes a lot more sense for us to come up with new ways to solve the Eurozone crisis...

Is there a Beijing bubble?

Mark Oaten | Posted 25.01.2014 | UK
Mark Oaten

These economists argue that there is no need for GDP to run at seven plus percent. Instead, they want to invest in trying to create a workforce doing a more manageable week. A 9-5 working day is practically non-existent, as are holidays. For example, I've often met Government officials on a Sunday.

Growth Is Back but the UK's Weaknesses Remain

Daniel Bentley | Posted 23.01.2014 | UK
Daniel Bentley

The recent slew of good news on GDP, culminating in Mr Carney's "glass half full" moment on Wednesday, should give pause for thought. The bigger question is how this growth is being rekindled - and how long it can last...

Asa Bennett

'I'm Still Praying For Another Recession' | Asa Bennett | Posted 08.11.2013 | UK

Alessio Rastani, the independent trader who infamously told the BBC that he "dreamed" of another recession, has revealed he is not only still "praying...

Mehdi's Morning Memo: The Truth About Health Tourism

Huffington Post | Mehdi Hasan | Posted 25.10.2013 | UK Politics

The five things you need to know on Friday 25 October 2013... 1) THE TRUTH ABOUT HEALTH TOURISM From the Independent's splash: "The number of...

Don't Believe the Hype - The Robin Hood Tax Is Alive and Kicking

David Hillman | Posted 23.01.2014 | UK Politics
David Hillman

I was honoured recently to receive the Sheila McKechnie award for the campaigning work I've done with the Robin Hood Tax. Ironically, at exactly the same moment, dozens of financial journalists were frantically typing articles about how the tax was dead in Europe following a European announcement it could be illegal. ..

'The Worst Recovery In 170 Years'

The Huffington Post UK | Asa Bennett | Posted 10.09.2013 | UK Politics

George Osborne is presiding over the "worst and slowest recovery from a major economic shock in 170 years", leading economists have warned. Despite...

Want To Know Some Odd Ways To Make Money?

The Huffington Post UK | Asa Bennett | Posted 27.08.2013 | UK

"Money makes the world go around," as they once sang in the musical Cabaret. The lyrics might well ring true, given the financial strife Greece fin...

UK's Poor Trade Performance Highlights Need for Active Industrial Policies

Tony Dolphin | Posted 22.10.2013 | UK Politics
Tony Dolphin

What is needed is a more active industrial policy. For too long, while other countries have supported industries where they have a competitive advantage, policy makers in the UK have used the country's bad experience with industrial policies in the 1970s to justify a hands-off approach.