Sunday, 16 August 2009

Economics

The latest news, analysis and comment on the UK and global economy.

LATEST ECONOMICS NEWS

Private sector 'will be smaller than in 1998'

Britain's private sector will be smaller in the first year of the next government than it was when Labour was first in office.

15 Aug 2009

Spanish economy shrinks for a fourth quarter

Spanish economy shrinks for a fourth quarter: a restaurant in recession hit Torremolinos advertises a crisis menu.

Country mired in first recession for 15 years says rate of contraction slowed in second quarter.

14 Aug 2009

Investors are ignoring the 'anaemic' growth facing the US

Investors have still not woken up to the prospect that the US economy, the world's largest, faces years of 'anaemic' growth as Americans tighten their belts, a leading analyst has warned.

14 Aug 2009

France and Germany lead the West out of recession

France and Germany lead the West out of recession; Shoppers in Paris.

Germany and France have become the first of the major G7 powers to emerge from the Great Recession.

13 Aug 2009

Keynes rescues France and Germany; Club Med lost

John Maynard Keynes

Twin motors of Euroland crawl out of recession but southern states remain in the wreckage, writes Ambrose Evans-Pritchard.

13 Aug 2009

German, French rise out of recession 'good for Britain'

Germany and France's rise out of recession 'good for Britain', said Lord Mandelson during a visit to KeTech Systems in Nottingham.

Lord Mandelson insisted Britain was not being left behind after the two big eurozone economies returned to growth.

13 Aug 2009

Enjoy eurozone's fragile stabilisation while it lasts

The eurozone economy is stabilising. While the first estimate of the region's GDP in the second quarter showed a tiny 0.1pc decline, there were increases of 0.3pc in both Germany and France. But cheers should be muted.

13 Aug 2009

German, French rise out of recession helps eurozone

Hopes raised that strong second quarters from the eurozone's two biggest economies could pull the rest of the region out of recession.

13 Aug 2009

Paul Krugman pays $1.7m for Manhattan apartment

Is Paul Krugman, the Nobel-Prize winning economist and leading commentator on the financial crisis, telling us something significant about the US housing market?

13 Aug 2009

Germany, France in surprise economic recovery

Eurozone's two biggest economies grew in the second quarter as stimulus plans around the world boosted demand for exports.

13 Aug 2009

Markets wrongfooted as Bank signals low rates

Money markets were left reeling after Bank of England signalled traders had got ahead of themselves by assuming interest rates would rise sharply.

13 Aug 2009

UK unemployment set to hit post-war high

The economy may be recovering, but the number of people out of work is expected to climb to a post-war record.

13 Aug 2009

Mervyn King tells a puzzled City: 'It's the levels stupid'

If there's one thing that really infuriates the City, it is Mervyn King's attitude when it transpires that the Bank of England has wrongfooted the markets.

13 Aug 2009