Even before Prime Minister David Cameron's speech on Europe this Wednesday, we know that it will be disappointing. Cameron will seek to protect his euro-sceptic right wing from being seduced by Ukip rather than outline a bold vision of Europe. Cameron's likely proposals will not satisfy the eurosceptic wing of...

On Thursday, the Bank of England governor, Sir Mervyn King, said that it is 'acceptable' for the government to miss its deficit reduction targets whilst the UK economy is in recession. This follows Prime Minister David Cameron MP's refusal at this week's PMQs to recommit the government to the debt...

After the report of UK GDP in the second quarter of 2012 of -0.7% and the revision by the Bank of England of its GDP forecasts in its quarterly inflation report today to around 0% for the full year 2012, compared to 0.8% estimated by the Bank in May 2012),...