from Lawrence Summers:

Why the UK must reverse its economic course

By Lawrence Summers
September 17, 2012

It is the mark of science and perhaps rational thought more generally to operate with a falsifiable understanding of how the world operates. And so it is fair to ask of the economists a fundamental question: What could happen going forward that would cause you to substantially revise your views of how the economy operates and to acknowledge that the model you had been using was substantially flawed? As a vigorous advocate of fiscal expansion as an appropriate response to a major economic slump in an economy with zero or near-zero interest rates, I have for the last several years suggested that if the British economy – with its major attempts at fiscal consolidation – were to enjoy a rapid recovery, it would force me to substantially revise my views about fiscal policy and the workings of the macroeconomy more generally.

from Matt Falloon:

It’s snow joke

January 25, 2011

Snow or no snow, these GDP figures are a nightmare for the Conservative-Liberal Democrat coalition government and throw up the risk of a self-fulfilling spiral of gloom.

from MacroScope:

Slowing growth, MPC splits? That’s so 2008

July 21, 2010

Sixties nostalgia was all the rage in the late 90s, and towards the end of the last decade we looked back only 20 years or so for a massive 80s revival in electronic pop and fashion.

from The Great Debate UK:

Double dip a done deal?

July 9, 2010

UNEMPLOYMENT/

-Jane Foley is research director at Forex.com. The opinions expressed are her own.-

Once a prince of darkness, now loving the limelight

By Estelle Shirbon
April 7, 2010

BRITAIN-ELECTION/“Enjoy it!” That was the message from Peter Mandelson to Labour supporters this morning as he launched a vitriolic attack on the Conservatives during a speech in central London, clearly relishing every minute of it. Once nicknamed the “prince of darkness” for his ability to mastermind Labour’s strategy from behind the scenes, Mandelson has transformed into the party’s best public performer.

Budget for votes riskily delays UK debt pain

March 25, 2010

BRITAIN-BUDGET/– The author is a Reuters Breakingviews columnist. The opinions expressed are his own –

Webcast: Gordon Brown’s speech at Thomson Reuters

March 10, 2010

Prime Minister Gordon Brown set out his economic plans during a Newsmaker event at Thomson Reuters on Wednesday. Brown said he believed Britain would maintain its coveted AAA credit rating and announced a pay freeze for senior civil servants and military officers to help reduce a record deficit.

Newsmaker with David Cameron, George Osborne and Ken Clarke

March 1, 2010

BRITAIN-CONSERVATIVES/Leader of the Conservative Party David Cameron, Shadow Chancellor of the Exchequer George Osborne and Shadow Secretary of State for Business Ken Clarke will join us on Tuesday March 2 to give speeches and take part in a Q&A session on the economy.

Has Alistair Darling done enough to revive Labour’s electoral hopes?

By Reuters Staff
December 9, 2009

So how was it for you?

Chancellor Alistair Darling threw the dice in his pre-budget report in an attempt to bolster Labour’s chances of winning the general election in 2010.