From the TUC

Unemployment figures tomorrow

Adam Lent
Guest

11 Nov 2008, by in Economic Reports, Economics

The latest unemployment figures will be published at 9.30am tomorrow (Wednesday).  Unfortunately they will almost certainly make for grim reading.  Richard and Nicola will aim to produce an immediate take on the figures by midday.  This will be posted on the blog under one or other of their names.  Following that, the first of the TUC’s monthly Recession Reports…




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US banks are no better

Nigel Stanley

06 Nov 2008, by in Economics

Now we have had such a bold interest rate cut, the pressure on banks to pass it on to business and mortgage paying customers will be immense. And they will need not just to cut the cost of existing loans, but also start lending again. Tax payers will want to know why the big bail…




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Interest rate cut: We was right!

Adam Lent
Guest

06 Nov 2008, by in Economics

This is a shamelessly self-satisfied post but check out this article from yesterday.  Only one organisation called for an interest rate cut of 1.5%. This has now turned out to be the Bank’s actual decision.  Modesty prevents me from naming that organisation.




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Equality of opportunity is not enough

Nigel Stanley

05 Nov 2008, by in Equality, Society & Welfare

It is of course compulsory today for all blog posts to reference the US election. I was struck by Obama’s claim that only in America could someone like him have become President. And of course it is an extraordinary achievement in a country where blacks were being deprived of the vote and segregation was legal not much…




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