UK Gdp

A World Where People Count

Manuel Barcia | Posted 23.11.2014 | 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 19.11.2014 | 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.

Things Can Only Get Better? The History of the Ipsos MORI Economic Optimism Index

Harry Carr | Posted 22.07.2014 | UK Politics
Harry Carr

Britons appear by nature to be pessimistic with regard to the economy. We have now had 11 consecutive months of positive EOI scores - the second longest on record, behind a 15 month period around and following the 1987 general election. If we are to see this optimism to continue into the 2015 general election, it will beat the record by a full eight months.

The Mother of all Economic Hangovers

Matt Kingdon | Posted 29.06.2014 | UK
Matt Kingdon

No industry in Britain is immune to the challenges of growth and each sector has its own demons - from the collapse of trust in banks and energy providers, to patent limitations facing pharmaceutical companies and the accelerating shift from the shop on the high street to the shop in your pocket.

The Unemployment Vortex: Latin America's Next Dilemma

Dr Mark Esposito | Posted 17.06.2014 | UK
Dr Mark Esposito

In the past five years, the global economy has experienced some of the most phenomenal uncertainties in its history. Yet we are already on the path to recovery. If you look at global trends between 2008 and 2013, it's easy to see the world is once again becoming a busy producer of goods. Exports are on the rise, and with them global GDP indicators.

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

Margaret Heffernan | Posted 31.05.2014 | 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 28.05.2014 | 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 19.05.2014 | 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 05.05.2014 | 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...