Economics
The latest news, analysis and comment on the UK and global economy.
ECONOMICS NEWS
Lord Rothschild's £130m bet against the euro
Lord Rothschild has taken a near-£130m bet against the euro as fears continue to grow that the single currency will break up.
18 Aug 2012
| 226 CommentsA message from the 1970s on state spending
"We used to think you could spend your way out of recession and increase employment by boosting government spending,” boomed the Prime Minister, Jim Callaghan, at the 1976 Labour Party conference.
18 Aug 2012
| 300 CommentsBritish banks faced the financial precipice
The BoE’s deputy governor is very worried about our lenders.
18 Aug 2012
| 9 CommentsJuncker rules out Greek exit from eurozone
Jean-Claude Juncker, leader of the eurozone finance ministers' group, said he believes Greece will not leave the single currency as he prepares for talks in Athens next week.
18 Aug 2012
| 224 CommentsFinnish coalition divided over euro
Finland is totally committed to the euro, its European affairs minister said following comments from its foreign minister that the country was preparing for a break up of the single currency.
17 Aug 2012
| 190 CommentsDebt crisis: as it happened - August 17, 2012
Finland is preparing for the break-up of the eurozone, the country’s foreign minister has warned.
17 Aug 2012
| 322 CommentsBritain isn’t in recession, it’s just not growing, says Bank rate-setter
Britain is not in recession but rather in a persistent period of zero growth, one of the Bank of England’s rate-setters has said.
17 Aug 2012
| 36 CommentsFinland prepares for a full-blown currency crisis
Finland's foreign minister warns that the country is preparing for a full-blown currency crisis as tensions in the eurozone mount and that it will not tolerate further bail-out creep.
16 Aug 2012
| 1058 CommentsBubble trouble
Telegraph View: Poor weather and Chinese buyers have put up the price of Champagne - which means we will enjoy drinking it all the more
16 Aug 2012
| 24 CommentsSurprise rise in retail sales lift hopes recession is not as deep as initially thought
Better-than-expected retail sales in June and July reinforced hopes that Britain’s recession is not as deep as initially feared.
16 Aug 2012
| 5 CommentsIndia doesn’t need our money to pay the bills
Foreign aid doesn’t help any poor countries – it just corrupts their governments, believes Theodore Dalrymple
16 Aug 2012
| 897 CommentsProperty boosts UK net worth to £6.8 trillion
Britain's property market has boosted the nation’s wealth to £6.8 trillion, despite a global financial crisis which has weighed heavily on the UK economy.
16 Aug 2012
| 82 CommentsDebt crisis: as it happened - August 16, 2012
Angela Merkel warned that "time is pressing" in tackling the eurozone crisis, adding that Mario Draghi's vow to do all necessary to defend the eurozone is in line with what European leaders have been saying for a long time.
16 Aug 2012
| 333 CommentsMPC member: economy in stagnation rather than recession
Britain is in a "sustained period of stagnation" rather than a "double-dip recession," according to a member of the Bank of England's Monetary Policy Committee.
16 Aug 2012
| 2 CommentsEvery Briton now worth £110,000
Every Briton is now worth £110,000 as the country's £4 trillion housing market helped to lift the UK's net worth despite the economy slipping back into recession.
16 Aug 2012
| 91 CommentsUK retail sales rise: what the analysts say
British retailers reported an unexpected rise in sales in July, and much higher than thought sales in June, data showed on Thursday. Here's how economists reacted.
16 Aug 2012
| CommentUK retail sales post surprise rise in July
British retailers reported an unexpected rise in sales in July, and much higher sales than previously thought in June, data showed on Thursday, boosting hopes that the UK's recession may not be as deep as feared.
16 Aug 2012
| 94 CommentsEurozone break-up would see UK economy shrink by £100bn
A break-up of the eurozone would cost Britain's economy £100bn, secret Treasury estimates show.
16 Aug 2012
| 41 CommentsForeign investment in China fell 8.7pc in July
Foreign direct investment in China fell 8.7pc in July, the government has said, as the economy continues to feel the pinch of slowing global growth and the European debt crisis.
16 Aug 2012
| CommentExperts urge Osborne to make austerity U-turn
Chancellor urged to abandon austerity plans and boost infrastructure spending to rescue the economy by a group of top economists who backed him just two years ago.
15 Aug 2012
| 173 CommentsDebt crisis: Germany stands firm on Greek bail-out demands
The German government stands by demands made by international creditors in return for Greece's bail-out, Angela Merkel's spokesman said on Wednesday.
15 Aug 2012
| 8 CommentsDebt crisis: as it happened, August 15
The German government has said it stands by demands made by international creditors in return for Greece's bail-out, after reports suggested that the country's prime minister will ask for a two-year extension to implement austerity measures.
15 Aug 2012
| 373 CommentsOsborne no longer enjoys faith of prominent economists
George Osborne no longer enjoys the support of a group of 20 prominent economists who wrote an influential letter ahead of the last general election backing his deficit reduction plan.
15 Aug 2012
| 209 CommentsUpbeat US data boost recovery hopes
The US economy has rebounded from a weak second quarter, according to official figures, restoring some optimism in the global recovery.
15 Aug 2012
| 3 CommentsMore QE coming, Bank minutes show
The Bank of England has clearly signalled that more money printing is on the cards as it warned that the economy is at risk of suffering “an enduring impediment to growth”.
15 Aug 2012
| 162 Comments
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