Long-term youth unemployment in England has increased by almost a quarter since the coalition government took power in 2010, the Trades Union Congress said today.
Moves by the government and businesses to pay down debts and reduce borrowing could hit economic growth for ‘years’ without effective policy responses, the chair of the Financial Services Authority...
The government will cut another £10bn from the welfare budget within four years, targeting housing benefits for young people and payments for children, George Osborne told the Conservative Party...
Transport Secretary Patrick McLoughlin today gave the green light to 57 road improvement schemes in England, which he said would provide economic benefits worth £3bn.
Macroeconomic policy makers failed to predict the biggest recession in 70 years. It’s time to rip up the rule book, chuck out the useless models – and look for a new angle on how to promote growth,...
Shadow chancellor Ed Balls today called on the government to use the £4bn windfall from the sale of the next generation of mobile phone licences to build 100,000 new homes.
It is abundantly clear that George Osborne’s Plan A has failed. Instead of just waiting for something to turn up, he needs to use the Autumn Statement to launch a radical programme for economic...
The London 2012 Games and their army of smiling volunteers left behind a national sense of wellbeing and can-do spirit. Back in the world of austerity, the coalition expects similar Olympian efforts...
The government will provide further financial backing to the £14.5bn London Crossrail rail project by guaranteeing the private funding used to purchase trains for the new line, Chief Secretary to the...
Business Secretary Vince Cable today announced £1bn in government funding for a state-backed ‘British Business Bank’ to increase lending to small- and medium-sized firms.
Public sector net borrowing hit a record £14.41bn in August, the Office for National Statistics revealed today, compared with £14.37bn at the same time last year.
Business Secretary Vince Cable today announced plans for a state-backed ‘business bank’ and long-term partnership with industry as part of the coalition’s industrial strategy.
Hardly any of the £1.4bn Regional Growth Fund has been spent and Whitehall has little idea of whether it will provide value for money, the Commons Public Accounts Committee has found
The government has been warned today that it is ‘missing a major trick’ by devolving economic powers to cities only rather than offering them to wider local government.
The British Chambers of Commerce today downgraded its growth forecast for the year, predicting that the UK economy will contract by 0.4%. It had previously forecast growth of 0.1% in 2012.
The coalition partners don’t agree on much. And the political perils of shrinking the state mean that small is no longer quite so beautiful, argues Philip Johnston
