Labour and Tories race to ramp up spending despite borrowing risks
Labour has announced £150bn of additional infrastructure spending as part of a range of plans that signal a large rise in public borrowing, amid bids from both parties to ramp up spending.
It comes...
Javid sparks speculation of voter-friendly budget with borrowing comments
Sajid Javid has fuelled speculation that he is planning a voter-friendly budget next month after predicting that interest rates will remain at rock bottom levels and give him the scope to increase government...
It's cheap to visit Australia right now, but the world economy is suffocating our...
Trying to discern the direction of the world economy is a job fraught with danger, but there are clear signs that its weakening is having an impact on Australia despite the more positive...
If not recession for Australia, certainly a turn for the worse | Greg Jericho
The latest labour force figures released by the bureau of statistics have served to reinforce that the economy is showing a severe case of wobbles. While there remain some signs that a recession...
If global markets are unsettled, they have good reason to be so
Every year the Federal Reserve Bank of Kansas City hosts a symposium in the Grand Teton resort of Jackson Hole. Some years, guests have little to do but chew the fat and listen...
Why central banks should forget about 2% inflation | Jeffrey Frankel
The Federal Reserve has some reasons to cut interest rates at its 31 July meeting, or subsequently if the US economy weakens. (There is also a case for holding rates steady, if growth...
Worsening public finances give next PM a sharp 'reality check'
Pledges by Boris Johnson and Jeremy Hunt to cut taxes and increase spending have come just as the UK’s public finances have shown a marked deterioration, according to the latest official figures.
In what...
Investors’ demand for dividends will push us to disaster
When companies are borrowing like never before and yet investment is low, it is reasonable to ask what they are doing with the money.
They could be stockpiling huge sums to guard against a...
High court judge leads inquiry into London Capital & Finance scandal
The government has launched an independent inquiry into the collapse of London Capital & Finance, the investment firm at the centre of a mounting £236m financial scandal in which thousands of investors lost...