Sunday, 21 August 2011

Economics

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

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ECONOMICS NEWS

It may look as grim as the years after 1945 but there are glimmers of hope

With markets in free fall, there are lessons to learn from how Britain recovered following the Second World War

20 Aug 2011

Britain is facing its biggest challenge since the age of austerity after 1945

Imagine a world where politicians charged you for the privilege of lending them your hard-earned cash. Now imagine a world where the more you feared that the Government would default, taking your savings with it, the more cash you funnelled their way.

20 Aug 2011

Sorrell: West facing 'three years of hard slog’

The chief executive of WPP reveals his fears about the global economy in the wake of the markets meltdown.

20 Aug 2011

US 'must act to avert a recession'

The United States must start tackling its long-term economic problems instead of relying on the Federal Reserve to revive the economy, according to a leading Wall Street economist who predicted the last recession.

20 Aug 2011

Debt crisis: as it happened, Aug 19

Rolling coverage of the rollercoaster in financial markets as the eurozone and US come under increasing pressure to deal with high levels of debt and stave off another recession.

20 Aug 2011

Whose side are you on?

When cricket lovers gather at the Oval today, armed with picnic hampers laden with treats and wearing their drinking boots, they should take a moment to savour the irony.

20 Aug 2011

LIVE: global debt crisis

Rolling coverage of the rollercoaster in financial markets as the eurozone and US come under increasing pressure to deal with high levels of debt and stave off another recession.

20 Aug 2011

The markets fear a fresh disaster

Telegraph View: A failure of political leadership in the US and EU is making the economic crisis worse.

19 Aug 2011

Countries seek 'Finnish-style' deals with Greece

The delivery of Greece's €109bn (£95bn) bail-out package agreed last month could be delayed amid a rush of demands from countries wanting "Finnish-style" individual collateral agreements in return for their support.

19 Aug 2011

Bank levy , VAT boost public finances

George Osborne given boost as figures show higher taxes, lower spending last month delivered Treasury’s first 2011 surplus.

19 Aug 2011

Greece rescue in doubt

Top stories: Markets, Gold tip, Eurozone and Jackson Hole.

19 Aug 2011

New home lending in UK sinks further

The beleaguered housing market has taken another knock, with new lending to homebuyers 6pc lower in July than during the same period last month.

19 Aug 2011

Debt crisis: as it happened - August 18, 2011

Live

Rolling coverage of the rollercoaster in financial markets as the eurozone and US come under increasing pressure to deal with high levels of debt and stave off another recession.

18 Aug 2011

Philly Fed index warns that risk of double-dip recession is growing

The US economy has sent its loudest signal yet that the risk of a double-dip recession is growing, data which helped drive falls in global markets.

18 Aug 2011

Fresh recovery fears as retail sales stall

Cash-strapped consumers continued to rein in their spending last month as growth in retail sales slumped, official figures showed.

18 Aug 2011

Factory data, jobless rise renews fears for US economy

A clutch of bad news from the United States renewed anxiety over the world biggest economy, with a surprise increase in inflation, a higher-than-expected rise in people claiming benefits and sharp contraction in factory activity.

18 Aug 2011

China house prices raise fears of more tightening

China's annual housing inflation quickened in July for the second straight month this year, official data showed on Thursday, keeping up pressure on Beijing to rein in the red-hot property sector.

18 Aug 2011

US and eurozone 'dangerously close to a recession'

Morgan Stanley has slashed its global growth forecast for 2011 and 2012, saying the US and the eurozone were "dangerously close to a recession".

18 Aug 2011

UK retail sales grow 0.2pc: reaction

British retail sales in July grew just 0.2pc on the previous as shoppers cut spending. This is how economists reacted to the data from the Office for National Statistics.

18 Aug 2011

Stagnant retail sales add to gloom on economy

British retail sales barely grew in July as cash-strapped shoppers cut spending, a further sign of the headwind facing the country's fragile recovery.

18 Aug 2011

Pope hears Indignant Ones

Top stories: UK sales, Currencies, Papal visit to Spain and Cineworld.

18 Aug 2011

Debt crisis: as it happened - August 17, 2011

Rolling coverage of the rollercoaster in financial markets as the eurozone and US come under increasing pressure to deal with high levels of debt and stave off another recession.

18 Aug 2011

MPs to probe Financial Conduct Authority

Members of Parliament are to look into the powers being handed to the UK's new market regulator to ensure it does not end up being "ineffective and costly".

17 Aug 2011

Safety-seekers still target Swiss franc

Global currency traders continued to pile into Swiss francs, prompting warnings that the country's economy could be pushed into recession without decisive action from the authorities.

17 Aug 2011

Empty euro talk

Telegraph View: Angela Merkel and Nicolas Sarkozy have done nothing to ease the sovereign debt crisis.

17 Aug 2011