Sunday, 2 October 2011

Economics

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

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MANUFACTURING WEEK

Astute gives Barrow a buzz

In pictures: building a new generation of nuclear submarines.

ECONOMICS NEWS

Why China won't conquer the world

Its young are incapable, its old are exhausted, and box-ticking bureaucrats make life hell. China, a superpower? First it needs to grow up, says acclaimed author Xué Xinran

02 Oct 2011

Bank of England could pump more money into economy this week

Weak economic prospects set to be highlighted this week could prompt the Bank of England to pump more money into the British economy in an attempt to kick start the stalling recovery.

02 Oct 2011

At last, Cameron finds the optimism button

Boris Johnson, known as "Mr Crikey" in some parts of America, was at the home of Michael Bloomberg in 2009 when he ran into Katie Couric, the US news anchor.

01 Oct 2011

David Cameron to announce measures to help businesses

The Prime Minister is to make a concerted bid for the “pro-business” agenda this week in his keynote speech to the Conservative Party conference where he will lay out plans to back growing companies.

01 Oct 2011

Does George Osborne have the marvellous medicine?

On the eve of the Conservative Party conference, the Chancellor understands it is more important than ever to balance the books.

01 Oct 2011

Debt crisis as it happened: September 30, 2011

The FTSE 100 is expected to open down 17 to 30 points as the markets react to yesterday's vote backing the expansion of the EFSF.

30 Sep 2011

ONS rapped for publishing wrong figures

The Office for National Statistics, Britain's national statistician, has had its knuckles rapped for failing to follow strict internal guidelines before publishing misleading construction data last month.

30 Sep 2011

FTSE 100 in biggest quarterly fall for nine years

The index suffered in the third quarter as fears over a second global recession drove the index down 13.7pc and wiped £212bn off the value of shares.

30 Sep 2011

Markets tumble on global growth fears

The FTSE 100 saw its largest quarterly drop since 2002 today, after eurozone inflation figures sparked concerns that global growth was stalling.

30 Sep 2011

World is heading for 'Great Stagnation'

There is a growing risk that the global economy will move from the 'Great Recession' into the 'Great Stagnation', according to economists at Goldman Sachs.

30 Sep 2011

New Zealand downgrade by S&P and Fitch

New Zealand's credit rating has been downgraded by two of the three major ratings agencies amid increased global concern over high debt burdens in developed nations.

30 Sep 2011

Posen's £100bn QE push

Top stories: Greece, Jupiter's bond strategy, LSE's metal bid and QE2

30 Sep 2011

Surprise rise in eurozone inflation

Eurozone annual consumer prices unexpectedly rose in September to 3pc, following higher inflation in Germany that could exclude an interest rate cut by the European Central Bank next week.

30 Sep 2011

Consumer confidence improves for first time in five months

Confidence among British consumers improved this month for the first time since May, after shoppers' took a more positive view of the economic outlook, a survey showed on Friday.

30 Sep 2011

City Desk Morning Briefing - Friday

All the latest and must-have information around the key business and economic issues of the day.

30 Sep 2011

MPC’s Miles calls for banks to hold 20pc capital buffers

Banks should have capital buffers which are significantly higher than current levels and those required under Basel III rules, a senior UK policymaker has argued.

30 Sep 2011

German bailout vote 'too little too late'

Bundestag voted overwhelmingly to boost the scope of the EU's rescue fund but implicitly capped its firepower at €440bn, leaving it no clearer whether Europe has the means to halt debt contagion to Italy and Spain.

29 Sep 2011

Debt crisis as it happened: September 29, 2011

Markets wary as German parliament votes in favour of expanding eurozone rescue fund and auditors are back in Greece to decide bailout loans to avoid default.

29 Sep 2011

Germany's vote simply kicks the euro can down the road to Cannes

Congratulations to Germany. On Thursday the Bundestag voted in favour of extended powers for the European Financial Stability Fund (EFSF), ratifying a proposal put forward by European leaders on July 21.

29 Sep 2011

'Why should Germany be the guardians of the rest of Europe?'

Angela Merkel no doubt breathed a huge sigh of relief after garnering enough support to pass the expansion of the euro backstop fund.

29 Sep 2011

Stop asking Germany to pay - and save the euro

Germany should not accept responsibility for debts built up by Italy, Spain and Greece from long before the euro was established, argues Andrew Lilico.

29 Sep 2011

UK has become a nation of zombie companies

When it comes to supporting UK manufacturing, the Coalition government's record has so far proved almost as disappointing as the last one's.

29 Sep 2011

US unemployment an 'unheard of national crisis', says Bernanke

US Federal Reserve chairman Ben Bernanke has warned that the unemployment rate in America amounts to a 'national crisis' unheard of in the country's recent history.

29 Sep 2011

Surprise rise in US growth as jobless claims fall

Wall Street jumped after the US economy grew at a better-than-expected 1.3pc in the second quarter of they year and jobless claims fell sharply last week.

29 Sep 2011