economy

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    Delaying talks with the rest of the EU is fraught with economic risk

Delaying talks with the rest of the EU is fraught with economic risk

Last week it was all about hypotheticals, scenarios and speculation. Now, it’s real and it will rapidly become clear whether those who foresaw short term damage to the British economy from Brexit were correct, writes Iain Begg. But it is alarming to hear Brexiteers who forecast only a short-term shock calling for a delay in invoking Article 50 – […]

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    Attacking the roots of inequality: a sharing economy and how to achieve it

Attacking the roots of inequality: a sharing economy and how to achieve it

Britain’s model of corporate capitalism and the increasing private ownership of capital lie at the root of growing inequality, writes Stewart Lansley; and so despite the political rhetoric against inequality, the problem can only be tackled through a “deconcentration” of wealth. Here, and drawing on examples used in his new book, he sets out the case for social wealth […]

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    Instincts vs. Politics: the state of Labour’s fiscal debate

Instincts vs. Politics: the state of Labour’s fiscal debate

Should Labour oppose George Osborne’s surplus rule? On the one hand are those within the Party who see the rule as bad economics; on the other are those who point out Labour was defeated on the economy in May 2015, and so are ready to sign up to a fiscal rule they don’t believe in. Gavin Kelly assesses the […]

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    Responding to the recession: smaller businesses reduced labour costs; larger firms reduced their workforce

Responding to the recession: smaller businesses reduced labour costs; larger firms reduced their workforce

Looking at the experiences of British businesses during the financial crisis, Yanqing Lai, George Saridakis, Robert Blackburn and Steward Johnstone find that small and medium-sized firms were more likely to have responded with cutting pay and work hours. They also find that large firms were more likely to have responded with personnel layoffs, mainly due to having less flexible […]

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    Lies, damned lies and statistics on the UK’s EU membership

Lies, damned lies and statistics on the UK’s EU membership

How would leaving the European Union affect the UK’s economy? Iain Begg writes that with pro-EU and anti-EU campaigning groups now officially up and running ahead of the UK’s planned referendum, British voters will undoubtedly be confronted with a series of contradictory claims and counter-claims on the costs and benefits of membership. He argues that it would be unwise […]

The (not-so) green shoots of recovery

Today saw the announcement of 0.6 per cent GDP growth for the second quarter of this year, leading the Chancellor, George Osborne, to claim that the economy is now ‘on the mend’. John Van Reenen takes a close look at these claims, finding that the UK’s economic indicators are by no means in the best of health. A dislocated financial sector and […]

Lessons for policy-makers, reflecting on UKIP’s successes, and what derailed the UK’s recovery?: Top 5 blogs you might have missed this week.

John Curtice, writing at the IPPR’s Juncture, looks at UKIP’s successes in this year’s local elections, where it received an average of 25 per cent of the vote in the wards that it contested. He says that while the strong results for the party will hold it in good stead for the 2014 European Parliament elections, it remains to […]

The uncertainty created by David Cameron’s policy on EU membership may cost the UK’s already troubled economy

Prior to UK Prime Minister David Cameron’s speech on the country’s relationship with the EU, Michael Emerson set out several hazards that his strategy was expected to face. Revisiting these hazards after the speech, he finds them to be mostly confirmed. He argues that Cameron’s policy is badly defined, politically unmanageable, creates uncertainty for investment, and implies a difficult and clouded scenario for […]

Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported
This work by British Politics and Policy at LSE is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.