Growth - AS Unit 2
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George Osborne is destined to be remembered as the most inept Chancellor in British history

George Osborne is destined to be remembered as the most inept Chancellor in British history | Growth - AS Unit 2 | Scoop.it
It wasn’t a great week for the Coalition. First the Prime Minister made his much-awaited EU speech, which increased the levels of uncertainty for UK businesses just when they needed it least.

Via Geoff Riley, Cranbrook Economics
Ed Woolgar's insight:

EW - Not an entirely fair article laying into George Osborne, it is only fair to consider that factors of Britain's economy do respond to Eurozone and other international conditions... 

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Geoff Riley's curator insight, January 27, 2013 4:05 PM

One of the most vocal critics of Mervyn King's tenure at the Bank of England takes a swipe the economic pigmies in the treasury. Real wages have been falling since the start of the recession, for millions of people the pain of the downturn is clear from declining real living standards. 

Cranbrook Economics's curator insight, January 28, 2013 4:06 PM

Some interesting data on the 'achievements' of our current Chancellor. So much for young Eton boys running the show....

Alex Edwards's curator insight, February 5, 2013 9:47 AM

he is indeed inept

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Tax dodgers named on HMRC list

Tax dodgers named on HMRC list | Growth - AS Unit 2 | Scoop.it
Tax dodgers are being named on a list published by HM Revenue and Customs for the first time, as their affairs come under greater scrutiny.
Ed Woolgar's insight:

EW - Nice to see HMRC is finally doing something to name and shame the tax avoiders. Sadly the list designed to "embarrass” those tax avoiders seems to target minor buisness, why aren't we dealing with the MNC's?! 

 

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Argentina vow to control Falklands

Argentina vow to control Falklands | Growth - AS Unit 2 | Scoop.it
The Falkland Islands will be back under Argentine control within '20 years', the country's foreign minister says during his first visit to London.
Ed Woolgar's insight:

I appreciate that this one is not truly economical but prehaps it is time for Argentina to sort out their own economic decline before they go professing action that they can't complete.. 

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Rescooped by Ed Woolgar from Unit 2 AS Macro - Managing the Economy
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George Osborne is destined to be remembered as the most inept Chancellor in British history

George Osborne is destined to be remembered as the most inept Chancellor in British history | Growth - AS Unit 2 | Scoop.it
It wasn’t a great week for the Coalition. First the Prime Minister made his much-awaited EU speech, which increased the levels of uncertainty for UK businesses just when they needed it least.

Via Geoff Riley, Cranbrook Economics
Ed Woolgar's insight:

EW - Not an entirely fair article laying into George Osborne, it is only fair to consider that factors of Britain's economy do respond to Eurozone and other international conditions... 

more...
Geoff Riley's curator insight, January 27, 2013 4:05 PM

One of the most vocal critics of Mervyn King's tenure at the Bank of England takes a swipe the economic pigmies in the treasury. Real wages have been falling since the start of the recession, for millions of people the pain of the downturn is clear from declining real living standards. 

Cranbrook Economics's curator insight, January 28, 2013 4:06 PM

Some interesting data on the 'achievements' of our current Chancellor. So much for young Eton boys running the show....

Alex Edwards's curator insight, February 5, 2013 9:47 AM

he is indeed inept

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UK 'to avoid triple-dip recession'

UK 'to avoid triple-dip recession' | Growth - AS Unit 2 | Scoop.it
The UK will avoid falling into a so-called triple-dip recession by growing during the first quarter, according to the CBI business lobby group.
Ed Woolgar's insight:

Despite Cridland's praise for our economy I will be reassured when the figures emerge.. But no doubt that growth in the 1st Q would benefit confidence.

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Harry Burdon's comment, February 14, 2013 8:18 AM
I agree, although in my opinion infrastructure is still the best way to go as the article describes, Keynesian theory is what I believe :)
Ed Woolgar's comment, February 21, 2013 4:27 PM
Keynesian theory mid the largest debt crisis in economic history? Austerity and wait it out surely?
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UK retail sales rise in January

UK retail sales rise in January | Growth - AS Unit 2 | Scoop.it
British retail sales rose in January thanks to tablet computers and smart phones, says the British Retail Consortium.
Ed Woolgar's insight:

EW - A suggestion that consumer confidence is rising, a possible improvement for Q1 GDP of 2013..

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London Market Report

London Market Report | Growth - AS Unit 2 | Scoop.it
London Market Report
Ed Woolgar's insight:

EW - the data from today's market's suggests that the pound is on the rise against both the Euro and the Dollar. This will be a gloomy outlook for Exporters hoping to take advantage of the weaker pound

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