There have been calls for interest rate rises to discourage risky new lending. But the Resolution Foundation shows that it is the stock of existing debt that is the real problem.
Sign In Close
Andrew Hughes-Hallett of the University of St. Andrews explains why, contrary to views expressed by many professional economists in a recent survey, Scottish independence could be good for Scotland.
The remarkable correlation between the expansion of the Trussell Trust food bank franchise and Britain’s austerity-driven welfare reform has raised eyebrows.
Does the UK recovery prove wrong those of us who argued that the Government's fiscal consolidation plan, announced in June 2010, was poorly designed and ignored some basic economic principles.
The Chancellor's target of highest employment in the G7 fails to address the UK's real problems - poor productivity, low wages and declining competitiveness.
Will the legacy of QE be uncontrollable inflation?
The growth in foreign ownership in the UK is something to be welcomed, not feared. Foreign firms increase competition and help disseminate new ideas as local firms copy business methods and innovation.
Director of the Centre for Economic Performance3 articles | View profile
Why they fight - by @tomstreithorst http://t.co/ICWckMTACY
The difference between saving and investment - by @azizonomics http://t.co/AFGEU4leV0
The Stocks and the Flows - by @Frances_Coppola http://t.co/BIzabI4bJC
Cheer - Inequality is Falling Globally!! (and similar nonsense) - http://t.co/FmPVmJReSV
Welfare reform and the "jobs miracle" by @jdportes: http://t.co/WKy16ssZgl