It seems slightly absurd to claim that Carney, Bernanke, Draghi and a few others can pre-empt the economic behaviour of almost seven billion individuals, but this is what they are apparently able to do. It is argued that only central bankers can save us from permanent economic stagnation. This is despite the fact (yes, the fact) that so many of them worked for the banks that destroyed our economies in the first place. Who, exactly, is in control right now?
Britain's double-dip recession was erased from history today after widespread revisions to official data. The Office for
Britain's double-dip recession could be erased from history this week when official figures show the state of the economy
Britain has suffered one of the biggest drops in real wages in the European Union over the last two years, according to figures
If GDP also shrinks in the first quarter of 2013, then the economy will be back in technical recession - the third recession in the space of five years. However, this still remains speculation. We will not know for sure whether the economy is back in recession for another three months.
Britain's economy is feared to have plunged back into the red after figures suggested the powerhouse services sector shrank
Telling us that the deficit is the priority when families are homeless and starving shows a government astonishingly out of touch. It needs to back its early promises, and understand that redistributing money to those that need it from those who don't deserve it (some might even say from perpetrator to victim, in a roundabout way) will demonstrate that this we really are all in this together and that it isn't redundant, dogmatic ideology that is providing the impetus.
The five things you need to know on Thursday 3rd January 2012... 1) CHILD BENEFIT 'CHAOS' Remember the chancellor's controversial
The potentiality, and perhaps inevitably, of 2013 proving one of the most socially convulsive and ugly in Britain's social history is very real.
The hope and confidence that the government's commitment to the 'Big Society' offered to the VCS in 2010 has ebbed away to be replaced by a cynical dismissal of what now seems to have been little more than rhetoric rather than an substantial set of policies.