Understanding economic news.
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Reading economic news can be confusing. Here’s how to understand what the news is – and isn’t – telling you.
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We talk about ‘fiscal responsibility’ but rarely are a government’s annual accounting exercises assessed in ethical terms.
Jeremy Hunt is unveiling his first spring budget on March 15.
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He steadied the ship in the autumn. Can he now turn around the Conservatives’ electoral fortunes?
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With an election ahead and finances stretched to capacity, the prime minister has a difficult balancing act to strike.
Oil rigs, Cromarty Firth in Invergordon, Scotland.
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Redesigning the UK’s windfall tax on energy companies could help it to bring in more money for public spending.
Head down, taxes up.
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November 17, 2022
Phil Tomlinson , University of Bath ; Adi Imsirovic , University of Surrey ; Cam Donaldson , Glasgow Caledonian University ; Despina Alexiadou , University of Strathclyde ; Gavin Midgley , University of Surrey ; Hilary Ingham , Lancaster University ; Jennifer Castaneda Navarrete , University of Cambridge ; Jonquil Lowe , The Open University ; Karen Bloor , University of York ; Peter Bloom , University of Essex ; Shampa Roy-Mukherjee , University of East London ; Steven McCabe , Birmingham City University ; Supriya Kapoor , Trinity College Dublin , and Tolu Olarewaju , Keele University
Our panel of academics responds to the UK government’s latest economic plans.
The Bank of England (pictured) uses OBR forecasts to decide on UK interest rates.
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The OBR’s official inflation forecasts include economists’ expectations, but what about yours?
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At every midterm election since 2006, the non-presidential party has easily won control of the House. It will be difficult for Democrats to defy this history.
Cash strapped.
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Even allowing for falls in asset values and some tax dodging, a modest tax on the wealthiest could pay off the government’s ballooning debt.
Short-sighted?
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A political economist explains the background to Labour and the Conservatives’ new commitment to spending and borrowing.
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A few billion is not a massive amount compared to the government’s total budget for the year. But it could significantly help school and police budgets.
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October 29, 2018
Craig Berry , Manchester Metropolitan University ; Dan Finn , University of Portsmouth ; Jonquil Lowe , The Open University ; Jo Richardson , De Montfort University ; Mandy Pierlejewski , Leeds Beckett University ; Maria Goddard , University of York ; Michael Kitson , Cambridge Judge Business School ; Stephen Roper , Warwick Business School, University of Warwick , and W David McCausland , University of Aberdeen
From the economy to education, experts from a range of areas impacted by the budget share their reactions.
The UK has had eight years of cuts to public services.
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Are the Conservatives admitting that austerity hasn’t worked?
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Austerity policies cut Britain’s brief recovery from the financial short and brought recession, stagnation and growing poverty.
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The UK media failed to challenge the government narrative of austerity despite its failure to revive the economy.
The UK’s Tigger-ish chancellor.
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Britain’s finance minister delivers his first Spring Statement hot on the heels of some rather good economic news.
Numbers crunched.
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New statistics show the UK has half a trillion pounds less in its account than previously thought.
All public sector workers have a 1% pay rise cap.
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A deep dive into public sector earnings data since 2005 and how it compares to private sector pay.
Sorry guys.
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The UK government’s U-turn on a national insurance increase for self-employed people exposes the flaws in its approach to building a stronger and more inclusive economy.
“I just don’t get what the big deal is.”
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Changes to the national insurance tax for self-employed people was one of the most controversial parts of the 2017 spring budget.