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On the hunt for rogue internet cafes. Niall Carson/PA

Is it really worth bugging? A guide to the G8

So what’s so special about this lot? Who decides which countries get to be in the gang? Can you get kicked out? How does it stack up against the G20? If spies were to listen in, would they hear anything…
The main trade deals are not struck through the G8. Gareth Fuller/PA

The G8 talks trade, but the big deals are done elsewhere

Trade is one of the big buzzwords at this G8 summit. Along with tax and transparency, it makes up the “three T” priorities for the UK’s presidency of the group. But it is not at all clear whether multilateral…
Welcome to Northern Ireland. Julien Behal/PA

G8 leaders could use some local knowledge

Global leaders will discuss tax, trade, and other international issues at the G8 summit next week in county Fermanagh, Northern Ireland. If they want to achieve anything, they must recognise that economics…
Thumbs up if you want a fair tax system. Jonathan Porter / Oxfam

Leaders will talk tough on tax, but action may be beyond G8

When the leaders of the world’s most powerful economies gather in Northern Ireland on Monday, one issue will overshadow all others: tax. For years the matter of how global corporations engage with offshore…
It doesn’t matter how much multiculturalism contributes to the economy if your values say it’s bad for Britain. PA/Stephen Dempsey

Economic bottom line won’t sway the immigration debate

How far do facts and evidence get us in public debates and policy formulation on immigration? And how far should they take us? Data on migration and its social and economic impact are of course vital for…
Skyscrapers now populate the Mumbai skyline, but at what cost? Satish Krishnamurthy

A victim of its own success, India begins a long decline

The Indian economy grew by just 5% in the past year, the lowest rate in a decade. This represents a rare piece of bad news for a country that has experienced two decades of booming growth since radical…
Greece: not just riots and unemployment. flikr/Imagaday

Europe’s latest investment opportunity … Greece

The IMF has conceded that mistakes were made in the way the first Greek bailout in May 2010 was handled. Its report suggests the need to refine the fund’s lending policies to accommodate for conditions…
There’s more to life than buying stuff. Steve Parsons/PA

Austerity may have breathed new life into true happiness

We are now five years into the largest financial crisis in decades and yet, paradoxically, people don’t seem to be more unhappy than they were before. The UK ranked 10th of the countries surveyed for the…
Once feted as ‘conquistadors’, Spain’s banks now have problems closer to home. marciofleury

Spanish banks on the verge of a nervous breakdown

As in the movie that led Pedro Almodóvar to become an internationally famous film director in the late 1980s, Spanish banks have been “on the verge of a nervous breakdown” during the 4 last years, facing…
The Olympics showed off UK culture, and DCMS, at its best. But what now? Tony Marshall/PA

Culture department still struggling with post-Olympic blues

When Dan Jarvis, the shadow culture minister, suggested the coalition might wind up a major Government department, those of us who follow the health of the UK’s creative industries were extremely concerned…
Morning after the payday before. Owen Humphreys/PA

Our debt addiction goes far beyond payday loans

MPs are busy giving payday lenders a kicking for targeting vulnerable people with expensive loans. But these lenders represent just one small part of the consumer lending industry. We shouldn’t let this…
The Bank of England: still the key to growth? Yui Mok/PA

Ignore the calls for stimulus and stick with Plan A

Many critics of the coalition government’s “Plan A” argue that it should deviate from deficit reduction plans to instead stimulate growth via additional infrastructure spending. Recent advocates of this…
Desperately seeking Tesco. Lynne Cameron/PA

Supermarkets can lead high street rebirth

A report released yesterday by the Centre for Retail Research (CRR) outlines a very bleak future for the UK high street. A fifth of shops are expected to close in the next five years, with 316,000 job…
Tax protests outside a Starbucks in London. But do people really care enough to make a difference? Steve Parsons/PA

Consumers won’t boycott Apple or Google over tax … yet

The tax arrangements of major brands such as Google, Apple and Amazon have prompted a fierce debate over questions of organisational ethics, social justice and international co-operation. But as a consumer…
It’s got nothing to do with your vorsprung durch technik you know. Despite the smart business model, German dominance of the Champions League may not last. flikr/lordkhan

Germans march on Wembley as masters of Europe – for now

The all-German Champions League final has predictably generated the usual discussions about the potential “dominance” of a particular nation’s league. But before non-German fans get into a panic, it’s…
Time to start building, George. Lefteris Pitarakis/PA

IMF no longer BFF for Osborne

The International Monetary Fund’s annual investigation into the health of the UK economy makes ugly reading. The IMF points out that “per capita income remains 6% below its pre-crisis peak, making this…