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Category - Economy

  • 5 Dec 2013
    Autumn Statement reveals key UK economic flaws, say critics

    Chancellor Osborne’s Autumn Statement was dominated by short-term political considerations and a failure to address structural issues, say opposition parties.

  • 16 Sep 2013
    Recovering a genuine notion of 'tax fairness'

    In his book The Great Tax Robbery, Richard Brooks notes that "the institutions that shape the tax system have been captured by the tax industry and corporate interests. Policy is determined through committees and consultation processes in which the tax avoidance industry’s representatives dominate, before being nodded through by parliament without proper debate. This cosy cartel urgently needs dismantling," he declares. Wendy Bradley argues that replacing recently resigned David Heaton with someone on the General Anti Abuse advisory panel (GAAR) who represents ordinary people rather than the tax wizards would be a good place to start.

  • 9 Jun 2013
    Environmental and economic damage combine to hit the poor hardest

    The grim facts of environmental degradation are causing worldwide economic loss and that means greater poverty and health problems, says Fr Shay Cullen, focusing on the ecological and financial cost of coal, and upon the impact on East Asia. Time and again short term benefits are mostly for the rich while the environmental damage hurts the poor, he says, citing a report commissioned by the G8 and the United Nation's Environmental Programme.

  • 7 Jun 2013
    No money left, or is it just in the wrong places?

    All three main UK political parties now base their economic arguments on a premise which has come to be accepted as truth, but which may be false. The premise is that ‘there is no money left’ and this is used to justify austerity. We don’t want to cut, the argument goes, but there is no money left, so we have to make difficult decisions.

  • 26 Mar 2013
    Cyprus: the anatomy of a Euro crisis

    The political economist Ann Pettifor, former head of Jubilee 2000 and now an associate of the New Economics Foundation and policy advisor for Prime Economics, was on BBC Radio 4's Today programme this morning, talking about how to address the Cyprus crisis.

  • 13 Feb 2013
    Fall in wage value hitting economy as well as households, says new report

    Workers have been robbed of £50 billion in lost wages since 2008, causing huge economic damage, says a new report from the PCS public service union.

  • 28 Jan 2013
    A sustainable approach to growth is needed, say Greens

    Investment in sustainable industries is vital in the wake of last week's economic statistics, which further underline the stagnation of the UK economy.

  • 8 Jan 2013
    Green Party in England and Wales responds to government mid-term review

    The Green Party has criticised the government’s mid-term review for failing to acknowledge the coalition’s mistakes or to offer a coherent vision for the future.

  • 8 Oct 2012
    New financial system needed to curb greed, say theologians and economists

    Theologians, anti-poverty advocates and economists have been meeting in Brazil to develop principles for a new global economic system.

  • 7 Oct 2012
    Leading development economists offer global alternatives

    The current global economic and financial settlement has been described as the “mess we are in” by Sir Richard Jolly at a global conference on new economics.