Avoid UK recession by kickstarting green economy, says thinktank

New Economics Foundation calls for £50bn to reboot economy on greener footingThe government fightback against the next recession should include pumping as much as £50bn into green projects, in a move that would help reboot the economy and tackle the cl…

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Paul Volcker, US Fed chief under Carter and Reagan, dies at 92

Central bank boss went on to lead response to 2008 financial crisis under President ObamaVolcker should be known as most influential central bankerPaul Volcker, the former US central bank chief renowned for taming rampant inflation after the oil price …

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Former Barclays executive tells jury he was ‘close’ to Qatar PM

Roger Jenkins gives evidence for first time in criminal trial over actions in financial crisis A former Barclays executive told a jury he developed a “close” relationship with Qatar’s prime minister in 2008, just months before the lender and Gulf state…

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Why is UK unemployment still low? We are working longer hours

Pay hasn’t recovered from the 2008 crisis so staff work longer to fill the gap, boosting labour supply and limiting wage risesTurn the clock back a decade. The economy is just about to emerge from its worst recession in living memory. Since the start o…

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Why is UK unemployment still low? We are working longer hours

Pay hasn’t recovered from the 2008 crisis so staff work longer to fill the gap, boosting labour supply and limiting wage risesTurn the clock back a decade. The economy is just about to emerge from its worst recession in living memory. Since the start o…

Read more