Sunday, 3 October 2010

Economics

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

LATEST ECONOMICS NEWS

Monetary Policy Committee faces three-way split on recovery plans

Bank of England policymakers are poised for a three-way battle over how best to steer the economic recovery as they meet before Thursday's bank rate decision.

03 Oct 2010

Paying off mortgages is a priority

Homeowners paid down their mortgages by an extra £6.2bn in the three months to June, proving that Britain's new-found financial prudence shows no signs of waning.

03 Oct 2010

Stiglitz fears European 'austerity wave'

Nobel Prize winning economist reveals his concerns that governments will to cut their deficits too quickly and risk a double dip recession.

02 Oct 2010

Joseph Stiglitz: the euro may not survive

One of the world's leading economists warns the future of the euro is "looking bleak" and austerity plans could damage Europe's recovery.

02 Oct 2010

Brazil's destiny assured under former Marxist guerrilla

Brazil goes to the polls today looking almost certain to elect a former Marxist guerrilla as the country's first-ever female president.

02 Oct 2010

Why we need to follow the Irish and restructure our 'zombie' banks

In Dublin, early last Wednesday morning, a protester rammed a cement truck – with the words "TOXIC BANK" emblazoned on the side – into the ornate iron gates of the Irish Parliament.

02 Oct 2010

Homeowners pay off extra £6.2bn of their mortgages

Homeowners paid down their mortgages by an extra £6.2bn in the three months to June.

02 Oct 2010

David Cameron's Conservatives must offer a blueprint for growth

Telegraph View It will fall to the Conservatives to enable another economic regeneration based on light regulation and low taxes

01 Oct 2010

Homeowners spend £6.2bn to pay down mortgages

Owners paid down home loans in second quarter, proving a new-found prudence shows no signs of waning.

01 Oct 2010

UK manufacturing recovery fades

Manufacturing fades with export orders falling for the first time in more than a year as global demand weakened.

01 Oct 2010

UN warns of global unrest over unemployment

United Nations work agency warns that global employment may not recover to pre-crisis levels until 2015.

30 Sep 2010

UK house prices fall in most regions

House prices fell in nine out of thirteen UK regions in the third quarter as the pace of growth turned negative for the first time since May last year, the Nationwide said

30 Sep 2010

Mortgage data fuel consumer spending collapse fears

Fears of a looming collapse in consumer spending have risen after weak mortgage and personal lending figures from the Bank of England.

30 Sep 2010