Credit ratings agency Fitch has put the UK's economy on watch for a downgrade, heightening the possibility of a negative
Amidst this week's economic gloom were two bright spots of the jobs market. First, new stats from the ONS led to widespread reports that employment had again reached record levels, with the number of people in work rising 131,000 in the quarter to 29.7 million. Then the OBR upgraded its forecasts for employment over the next few years.
Yes, that was the week that was. The week that George Osborne produced his red briefcase once again - and also joined Twitter
To my mind, the most astonishing proposal in the budget is to give the Bank of England to do even more than it already is. The Bank will be able to continue giving the state money until the economy starts growing again, which might be never.
Lord Mandelson has sharply criticised Ed Miliband and Ed Balls' economic argument and mocked Gordon Brown's claim to have
The first substantive line of George Osborne's budget speech was: "We've now cut the deficit not by a quarter, but by a third". This might be surprising to anybody who read my earlier blog here, which pointed out that the deficit had (measured on a rolling twelve- month basis) been rising, not falling, for the last year or so.
The ten things you need to know on Friday 22 March 2013... 1) IMMIGRATION - CABLE VS CLEGG From the Sun: "A spectacular clash
There's been a lot happening this week, what with the budget being announced, a new archbishop enthroned, a date given for
George Osborne has been sharply criticised by the director of the Institute for Fiscal Studies (IFS) for shifting spending
The George Osborne budget was tepid and utterly uninspiring. To paraphrase Fraser Nelson of the Spectator, the budget was devoid of substance and replete with gestures.