Financial Times

The Shifts and the Shocks

Stephen Beer  |  18 September 2014

The central debate about the economic outlook among economists and investment managers is the extent to which economies have recovered from the financial crisis. Strong growth in gross domestic campaign has finally appeared in the United Kingdom after a severe downturn, for example, and stock markets have surged from their lows a few years ago. …

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Defence by default

Stephen Beer  |  25 July 2014

Cuts must not drive defence policy —We need a proper conversation in the Labour party about what we think about defence. Recent events in Ukraine, Syria and Iraq are demonstrating that potential threats to our national security and to world peace still exist and are evolving. We are being reminded that, if we ignore them, they …

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Building inclusive capitalism

Jonathan Todd  |  9 July 2014

The challenge of our age, wrote Chuka Umunna in the June edition of Progress, is to generate growth that is sustainable over the long term, balanced across sectors and regions, and inclusive so that all can benefit. This is not capitalism red in tooth and claw. Indeed, it recalls the definition of socialism offered by …

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Survival skills

Jonathan Todd  |  5 November 2013

The middle class is changing. Labour’s vision of the state must change with it, writes Jonathan Todd As leader of the Labour party, Tony Blair was keener than his predecessors to align his party with the idea of aspiration. This was both a conviction that background should not limit anyone and a pitch for the …

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Light on evidence, heavy on emotion

Petros Fassoulas  |  13 August 2013

Many Eurosceptics have a somewhat relaxed attitude towards the facts. Which probably explains why they were not happy with the way the government’s review of the balance of competences between the UK and the European Union has been conducted so far. Revelations by Philip Stephens of the Financial Times that some Conservative Eurosceptic ministers complained …

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Time to lead and explain

Jonathan Todd  |  20 May 2013

What we can learn from the era of the ‘Geddes Axe’ At the 1922 general election the Labour party more than doubled its representation, rising from 57 to 142 seats. This election was fought soon after the ‘Geddes Axe’ was wielded, which slashed public expenditure in an effort to restore the pre-first world war parity …

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Double-dip just got deeper

Richard Darlington  |  24 May 2012

Today’s revision to the GDP figures for Q1 not only confirm that the UK economy is back in recession, they show that this recession is deeper than we previously thought. With two quarters of negative 0.3 per cent growth, it is hard to argue that the double-dip is a flatlining of the economy over the …

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Unions and the new economy

Jenny Simms  |  19 April 2012

‘There will come a time when the Treasury understands economics but it hasn’t happened yet’ and with that remark it was Martin Wolf of the Financial Times who became the darling of the Unions21 annual conference. Our conference theme of Unions and the New Economy brought together economists, journalists, trade unionists and politicians to debate …

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They hate workers, don’t they

Denis MacShane MP  |  21 March 2012

Two Tory MPs have recently made striking confessions. Eric Ollerenshaw has said the Conservatives are losing the north. In his Lancashire circles people see David Cameron or even George Osborne and Nick Clegg who have northern seats as posh rich southern boys with no empathy for England north of the M25. Robert Halfon says that …

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Ignore the backbenches

David Nash  |  16 March 2012

If Osborne wants a budget for growth, ignore deregulation-happy backbenchers. Speculation over what the chancellor will announce in his budget is hotting up. Despite improved business survey data last month, George Osborne knows that growth-boosting measures are desperately needed. Grim industrial production figures released on Friday serve as a timely reminder that the recovery is …

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