From the TUC

Web links for 10th November 2011

10 Nov 2011, by in Web links

  • Paul Krugman shows the Euro-crisis can’t be blamed on strong welfare states – non-Euro Scandinavia is doing fine, USA actually has quite high social spending when you include private elements like employer-provided welfare.
  • Richard Murphy on today’s announcement that Circle Healthcare will be taking tax money to turn a private profit on running an NHS hospital, and then using tax havens to avoid paying their own taxes back to the UK on said taxpayer-enabled profits.
  • Savills’ monthly survey of developers and contractors shows the “fourth successive decline in commercial development activity, with the latest decrease the sharpest since February 2009.” The index for expectations about the next 3 months was the lowest for fourteen months.

  • George Monbiot takes apart the notion that managers have super-powers that deserve super-rewards.
  • Paul Krugman shows the Euro-crisis can’t be blamed on strong welfare states – non-Euro Scandinavia is doing fine, USA actually has quite high social spending when you include private elements like employer-provided welfare.
  • The latest PwC “Economic Outlook” forecasts GDP growth of just 1% in both 2011 and 2012, overall investment in 2012 2.5%, business investment 5.5% – the Office for Budget Responsibility forecast 6% and 8.9% respectively. They say the North-South divide has been growing since 2007 and will grow again next year.