Sunday, 1 August 2010

Economics

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

LATEST ECONOMICS NEWS

How can we avoid the next financial crisis? Urgently listen to those who foresaw this one

Three years on from the collapse of the sub-prime housing market in America, Gregory Zuckerman asks who can help us avoid the next financial crisis.

31 Jul 2010

The city that sacked its entire staff

The US city of Maywood sacked all its staff to stave off bankruptcy – and its citizens think services are now better. Tom Leonard reports.

31 Jul 2010

Double-dip feared as US economic growth loses pace

Fear of a double-dip grips investors after US growth is shown to have contracted sharply in the second quarter.

30 Jul 2010

US economic recovery loses momentum

Growth in the world's largest economy slowed last quarter, new figures show.

30 Jul 2010

Whatever happened to the rebalancing act?

Without the right policies, our economy is condemned to more crises, saysJeremy Warner.

30 Jul 2010

Britons' fears raise double-dip recession chance

The prospect of a double-dip recession in Britain is increasing with every month as consumer confidence dwindles, a long-running study signalled.

30 Jul 2010

Vince Cable warns against 'economic nationalism'

The Business Secretary warns India and other countries that 'economic nationalism' could derail world economy.

29 Jul 2010

Britain to be biggest country in Europe by 2050

Official forecast predicts that Britain's population will swell from 62.2 million to 77 million, overtaking France and Germany.

29 Jul 2010

BoE's King warns over the inflation outlook

The Governor of the Bank of England has warned Britain to brace itself for a prolonged period of high inflation and economic uncertainty.

29 Jul 2010

Russia to sell $29bn of state assets to cut deficit

The Russian government is to raise $29bn (£18.5bn) by selling off stakes in a host of its state-run corporate powerhouses in order to reduce its growing budget deficit.

29 Jul 2010

BoE chief: I want public servants, not bankers

Mervyn King is looking for a new breed of regulators focused on public service and not huge banking-style pay packages.

29 Jul 2010

BIS: it's the implicit taxpayer guarantee that drives banks to get bigger

Banks grow into global giants to cash in on implicit taxpayer guarantees rather than capture any economies of scale, the world's financial regulator says in a report today.

29 Jul 2010

Mervyn King warns over inflation

The Governor of the Bank of England Mervyn King has warned that high inflation will continue to erode earnings power through next year.

28 Jul 2010