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.... But it argues that new technologies could phase out mundane jobs, raise productivity levels and so deliver higher wages and “allow workers to concentrate on more human-centric roles that are beyond the reach of machines”. It found that business leaders largely believed that new technologies were more likely to alter jobs rather than eliminate them and that this, combined with the creation of new types of jobs, would lead to greater prosperity in the long run. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 10:34:36 AM
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....Next month, when finance ministers and central bank governors from more than 180 countries gather in Washington DC for the annual meetings of the International Monetary Fund and the World Bank, they will confront a global economic order under increasing strain. Having failed to deliver the inclusive economic prosperity of which it is capable, that order is subject to growing doubts – and mounting challenges. ... [Read full article on Guardian ]
Wednesday 20th of September 2017 06:20:30 AM
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Latest Finance News related to Prosperity

IMF and World Bank members must stop rise of economic non-order | Mohamed El-Erian image
....Next month, when finance ministers and central bank governors from more than 180 countries gather in Washington DC for the annual meetings of the International Monetary Fund and the World Bank, they will confront a global economic order under increasing strain. Having failed to deliver the inclusive economic prosperity of which it is capable, that order is subject to growing doubts – and mounting challenges. ...
Robots 'could take 4m UK private sector jobs within 10 years' image
Source : Guardian [Read Article] Tuesday 19th of September 2017 10:34:36 AM
.... But it argues that new technologies could phase out mundane jobs, raise productivity levels and so deliver higher wages and “allow workers to concentrate on more human-centric roles that are beyond the reach of machines”. It found that business leaders largely believed that new technologies were more likely to alter jobs rather than eliminate them and that this, combined with the creation of new types of jobs, would lead to greater prosperity in the long run. ...
Even German carmakers won’t save us from a hard Brexit image
Source : Guardian [Read Article] Saturday 16th of September 2017 03:00:15 PM
....And why not? Merkel is a centre-right politician who has a soft spot for liberal reformers. She believes in prosperity for the greatest number and that free markets are the best way to deliver that goal, tempered by regulation and social safety nets. ...
The Guardian view on the economy: the City is now too big for Britain | Editorial image
.... In hosting a commission bringing together public intellectuals, representatives of industry, finance and tech, the IPPR seeks to publicise our failures as an economy on the cusp of a “decade of disruption”. The topography of the economy features some very low valleys: as a nation, the UK is not generating rising prosperity for a majority; a high employment rate masks an increasingly insecure “casualised” labour force; and Britain remains a pretty unequal place. ...
Global shockwaves from electric cars will be here sooner rather than later image
Source : Guardian [Read Article] Sunday 10th of September 2017 06:00:29 AM
....Unsurprisingly, big oil is in this camp. BP said earlier this year that electric cars would not be a “game-changer” for oil demand because of rising prosperity in the developing world. ...
Bell Pottinger has toxified political debate in South Africa | Justice Malala image
Source : Guardian [Read Article] Wednesday 6th of September 2017 05:59:41 PM
....The face of unemployment, poverty and poor education is black. The face of prosperity and privilege is white. ...
Progressives take note: Brexit means Brexit, so let’s create a vision for it | Ivan Lewis image
.... The idea that we should ignore a referendum result cannot be right in a democracy. Instead, it is time for progressives to use our energy and policy thinking to set out a vision for the UK outside of the EU that secures both prosperity and social justice. ...
The Brexit bill is cataclysmic. Only a swerve will save us | Polly Toynbee image
Source : Guardian [Read Article] Tuesday 5th of September 2017 05:00:33 AM
....Why can’t Barnier be more “flexible” and “imaginative”, David Davis asks, revealing he hasn’t grasped the basics. The memorandum signed by both sides at the outset clearly spelled out the EU 27’s overriding goal: “European integration has brought peace and prosperity to Europe and allowed for an unprecedented level and scope of cooperation on matters of common interest in a rapidly changing world. ...
China’s clout has few limits. Shouldn’t we be worried about its new Silk Road? | Tom Miller image
.... It is central to his “Chinese dream”, unveiled in his first public act as Communist party chief, when he visited the National Museum of China in Tiananmen Square. Emerging from an exhibition that detailed how six decades of Communist rule had brought prosperity to China after a “century of national humiliation”, Xi vowed “to realise the great rejuvenation of the Chinese people”. ...
Robots and AI can bring down pension age, says TUC image
Source : Guardian [Read Article] Sunday 3rd of September 2017 11:01:03 PM
....The government announced in July that it would increase the state pension age from 67 to 68 between 2037 and 2039. Frances O’Grady, the TUC general secretary, said: “Robots and AI could let us produce more for less, boosting national prosperity. ...
David Davis takes aim at Trump's isolationist rhetoric in US speech image
Source : Guardian [Read Article] Friday 1st of September 2017 03:14:33 PM
....Speaking in Japan on a trip with the prime minister and business leaders to lay the groundwork for future trade talks, he said the UK “can’t be blackmailed into paying a price” when asked whether it was time for the UK to name a figure for an exit settlement. “We think we should begin discussions on the final settlement because that’s good for business, and it’s good for the prosperity both of the British people and of the rest of the people of the European Union,” he said. ...
Let’s move to Kingston upon Hull, Yorkshire: ‘It’s glorious’ image
Source : Guardian [Read Article] Friday 25th of August 2017 03:30:10 PM
.... It’s had – is having – rough times. When JB Priestley popped by on his English Journey during the Great Depression, he marvelled at its civic culture and prosperity. ...
The miserable reason behind millennials' slow march to the suburbs | Jamie Peck image
.... In the markets where renting is still more affordable, like New York and San Francisco, the cost of housing is so high across the board that it doesn’t make much of a difference to rent instead. Plus, suburbanization is a worse indicator of prosperity than it used to be. ...
Women have every right to refuse treatment in childbirth | Letters image
Source : Guardian [Read Article] Saturday 19th of August 2017 11:05:26 PM
....Mike WrightLancaster. In her column “Men should be helped to cross social barriers to find prosperity and love” (Comment), Sonia Sodha argues that education should do more to bring those from different backgrounds together. ...
UK to seek Irish border waivers on customs and food safety after Brexit image
Source : Guardian [Read Article] Wednesday 16th of August 2017 06:27:16 PM
.... The government believes it can limit the impact of any such undocumented immigration through tighter checks on UK work permits. Critics pointed out that the absence of border checks would appear to contradict a key aspect of leave campaigners’ pledge to “take back control”, while officials concede the plan relies on unprecedented trust and cooperation with the EU, but say it is worth it to maintain peace and prosperity in Northern Ireland. ...
Forget GDP – there’s more to Britain’s wealth than its bank balance | Julian Baggini image
....House price inflation has run far ahead of wage inflation in the UK for decades, so although – a few years of recession excepting – proxy wealth has tended to rise, real wealth for many has not, because housing has eaten up more than the increase. Economists rightly celebrate the growth in prosperity that has marked the modern era. ...
How the crash discredited the Anglo-US democratic model | Will Hutton image
Source : Guardian [Read Article] Saturday 12th of August 2017 11:05:01 PM
.... The number of electoral democracies peaked a year before the crisis, according to Freedom House, and has been falling ever since. Authoritarianism, Chinese-style, seems to deliver growth and prosperity, a proposition that impresses South Africa’s Jacob Zuma as much as Venezuela’s Nicolás Maduro, both careless of liberal constitutional constraints. ...
Let’s move to Preston, Lancashire: parched peas and plenty of trains image
Source : Guardian [Read Article] Friday 11th of August 2017 03:30:19 PM
.... Like every other council, Preston’s was facing nasty choices. Six years on, although peace, love and prosperity do not reign on its streets, interesting things are bubbling up. ...
Mass tourism is at a tipping point – but we’re all part of the problem | Martin Kettle image
.... There isn’t enough room for the many to walk through the centre of Dubrovnik, or enough public loos on Skye for the visitors. But the number of people wanting to visit such places is rising all the time, fed by greater global prosperity, cheaper air travel and increased overall provision of hotels worldwide. ...
Brexit-fuelled boom gives Dublin’s Celtic Tiger a reason to roar image
Source : Guardian [Read Article] Sunday 6th of August 2017 09:42:50 AM
....Howard is sceptical about the phoenix economy: “I started off lampooning rugby, but turned it into a weekly social commentary to vent my spleen about the new Ireland, which I found very vulgar. “The boom was the first real prosperity we ever had. ...
Do your fellow Brits a favour. Stop going on holiday | Simon Jenkins image
Source : Guardian [Read Article] Thursday 3rd of August 2017 06:00:08 AM
.... Since the 19th century, mobility has been a human right, with the state obliged to “maintain the highway”. Then trains were for all, as were planes when they symbolised postwar prosperity by giving even poorer people the freedom to fly on holiday. ...
No 10 contradicts Hammond over 'off the shelf' Brexit transition deal image
....Lady Anelay, a Brexit minister, told the House of Lords last week that the UK would formally exit the EEA at the same time as the EU, but hinted that opting for a Norway-style arrangement for an interim period was desirable. “We are trying to achieve the same thing: we want to find an implementation period and interim agreements from the negotiations that will help this country to succeed and achieve prosperity for all,” she said. ...
Business secretary to announce investment in battery technology image
Source : Guardian [Read Article] Sunday 23rd of July 2017 11:01:20 PM
....The search for an industrial strategy was launched in January by Theresa May, designed to help Britain’s economy after Brexit, garnering more than 1,900 responses from businesses and other organisations in a three-month consultation. A white paper is due later in the year, but Clark is expected to say of the strategy: “For all our citizens to be able to look forward with confidence to a prosperous future, we need to plan to improve our ability to earn that prosperity. ...
Incomes in south-east of England 'are 25% higher than in West Midlands' image
....A Treasury spokesman said that recent figures from the Office for National Statistics showed inequality in disposable income was lower than it had been for three decades, and the UK had the fifth lowest persistent poverty rates of the 28 countries in the EU. “We are building an economy that works for everyone by sharing prosperity and opportunity throughout the UK so nobody is held back because of where they come from”, the Treasury said. ...
HS2 supporters boast of benefits – but costs keep going off the rails | Nils Pratley image
. ‘HS2 was always designed to be much more than just a high-speed railway and today we can see the opportunities it brings right around the country – spreading prosperity, acting as a catalyst for investment and rebalancing our economy 10 years before the railway even opens,” said David Higgins, chairman of the high-speed railway, as the first construction contracts were awarded on Monday. ...
'The lipstick effect': Britons treat themselves as budgets tighten image
Source : Guardian [Read Article] Saturday 15th of July 2017 08:00:01 AM
....“The backdrop is very uncertain and it was made worse by the tragic events that happened across British cities over the last few months,” said Paula Nickolds, managing director of the John Lewis department stores chain, referring to the terror attacks in London and Manchester. She said John Lewis’s middle England customers were now feeling “uncertain and worried about what the circumstances will mean for their future financial prosperity” and so are beginning to change their shopping behaviour. ...
The Guardian view on Brexit policy: time for Britain to get real | Editorial image
.... In practice that means paying over a longer period of time. The next imperative is to secure the British economy and the prosperity of the public in the long term. ...
Bar and restaurant chains scale back UK expansion as costs rise image
Source : Guardian [Read Article] Tuesday 11th of July 2017 04:52:05 PM
....“There is a real reluctance to increase prices to the consumer for fear of damaging fragile discretionary spend,” Nicholls told the Food and Drink Federation convention at the British Museum in London. “There is a risk that additional costs could hit at a time of great instability hitting eating and drinking out businesses that are crucial to the UK economy and have helped restore prosperity to our town and city centres. ...
How economics became a religion | John Rapley image
Source : Guardian [Read Article] Tuesday 11th of July 2017 05:00:01 AM
.... With nearly every country on the planet adhering to the same free-market playbook, and with university students flocking to do degrees in the subject, economics seemed to be attaining the goal that had eluded every other religious doctrine in history: converting the entire planet to its creed. Yet if history teaches anything, it’s that whenever economists feel certain that they have found the holy grail of endless peace and prosperity, the end of the present regime is nigh. ...
How healthy is the global financial system? | Mohamed El-Erian image
Source : Guardian [Read Article] Monday 10th of July 2017 09:00:47 AM
.... And the financial-technology (fintech) activities that have expanded are inadequately regulated, and have yet to be tested by a full market cycle. To be sure, another systemic financial crisis that threatens growth and economic prosperity worldwide likely won’t originate in the banking system. ...
People want a 'sensible Brexit', says Philip Hammond image
Source : Guardian [Read Article] Friday 7th of July 2017 04:26:44 PM
....”. He described that as a Brexit focused on protecting jobs, business, prosperity and trade, and one that recovers sovereignty for the UK but also recognises the reality of an interconnected world. ...
Jeremy Corbyn: UK firms must pay more tax to fund better education image
Source : Guardian [Read Article] Thursday 6th of July 2017 11:20:27 AM
....”. Corbyn said the solution was Labour’s plan for a national education service, calling this “a key institution for fairness and prosperity for the 21st century”. ...
Can you buy anything real with Bitcoin? On the streets of Bristol, it proves a hard sell image
....00923 of a Bitcoin). A sense of prosperity surges through me, suffused with the thrill of illegality. ...
How privatization could spell the end of democracy image
Source : Guardian [Read Article] Wednesday 21st of June 2017 08:00:25 AM
.... It is so rich, in fact, that its richest people can afford to pour billions of dollars into a company such as Uber, which loses billions of dollars each year, in the hopes of getting just a little bit richer. In the face of such extravagance, diverting a modest portion of the prosperity we produce in common toward services that benefit everyone shouldn’t be controversial. ...
Philip Hammond says Brexit deal must put jobs and prosperity first image
Source : Guardian [Read Article] Tuesday 20th of June 2017 08:41:04 AM
. A Brexit deal that puts jobs and prosperity first is the only way the UK will be able to deliver the strong growth that will enable it finally to escape from the long years of austerity, the chancellor has said. ...
Big business leaders press Theresa May to rethink hard Brexit image
Source : Guardian [Read Article] Sunday 18th of June 2017 03:48:03 AM
.... The chancellor, Philip Hammond, who had been in line for the sack before the election result, is also signalling he wants a softer Brexit that could include a more comprehensive transitional deal. In comments putting him at odds with the prime minister’s determination to go for a hard Brexit that includes leaving the single market, customs union and slashing immigration, he will today assert that the majority of Britons want a deal that protects jobs, economic growth and prosperity. ...
Brexit talks and government uncertainty cast a long cloud over business image
Source : Daily Express [Read Article] Sunday 11th of June 2017 12:01:00 AM
.... . He said this is the only way to achieve lasting prosperity, but his plea will fall on deaf ears as politicians turn inwards on themselves. ...
Australia records 103rd successive quarter of recession-free economy image
Source : Guardian [Read Article] Wednesday 7th of June 2017 03:33:36 AM
....“You don’t win the race by knobbling your fastest runners,” said the ABA’s chief executive, Anna Bligh. “And you can’t tax your way to prosperity. ...
General Election 2017: May would revive Board of Trade image
Source : BBC [Read Article] Monday 5th of June 2017 11:01:39 PM
....The nine regions were not disclosed. The Board of Trade would bring together leading business figures and politicians to help lead trade delegations, boost exports and "make sure the benefits and prosperity of Brexit are spread equally across the country". ...
UK economy slows more than expected as inflation hits spending image
Source : Guardian [Read Article] Thursday 25th of May 2017 09:24:06 AM
....3% in the first quarter. There was no growth at all in the first quarter in GDP per head, which adjusts for the size of the population and is generally seen as a better guide to prosperity than mere GDP. ...
'Nothing we could do' image
Source : BBC [Read Article] Tuesday 23rd of May 2017 11:00:17 PM
.... To the residents of the small towns surrounding the site it's a constant reminder of a failed economic promise. For Jose Puebla Ortiz, who sold his plot of land to Ford, it's still painful to think of the economic prosperity his family could have had. ...
China invests $124bn in Belt and Road global trade project image
Source : BBC [Read Article] Sunday 14th of May 2017 07:55:39 AM
....A Chinese idea but for everyone's benefit. That's how Mr Xi presented his Belt and Road vision to drive trade and prosperity through Chinese built infrastructure. ...
China's Xi lays out $900bn Silk Road vision amid claims of empire-building image
....Ethiopia’s prime minister, Hailemariam Desalegn, hailed what he called a unique, historic, extraordinary and momentous project. “Many of us in the developing world – especially we in Africa – continue to view China as a successful economic model and a reliable ally in the fight against poverty and in our quest for prosperity,” he said, describing the Belt and Road as the greatest economic collaboration of the 21st century. ...
Euro slips after Macron wins French presidency image
Source : BBC [Read Article] Sunday 7th of May 2017 09:50:10 PM
....Jean Pisani-Ferry, chief economic adviser to Mr Macron, told BBC Radio 4's Today programme that France's new president had no interest in punishing Britain and did not want a hard Brexit, but said he would be "tough" during negotiations. He said: "There is a mutual interest in keeping prosperity that exists, that has been built over the years from lots of economic and various relationships, also the security and defence relationship is extremely important in the kind of environment we are in and which is a very dangerous environment. ...
The Great Recession hurt millions. Now, Republicans want to risk a repeat | Keith Ellison image
.... It’s a lie to say those two things are mutually exclusive. Prudent regulation enables prosperity; letting Wall Street rig the rules results in stagnation and inequality. ...
Brexit will 'stall' City, says Goldman Sachs chief image
Source : Guardian [Read Article] Friday 5th of May 2017 07:01:26 AM
....“That is why our sector has a key role in communicating our priorities: access to international talent, a transitional agreement and a bespoke deal that enables two-way access from the EU27 to the UK. “My goal in taking up office is a vibrant, thriving City contributing to the prosperity and wellbeing of the capital and the country. ...
UK economy is being sucked into London and south-east, says TUC image
Source : Guardian [Read Article] Friday 28th of April 2017 06:44:57 AM
. The TUC has called on political parties to spell out plans to spread prosperity to all Britain’s regions after warning that economic activity is becoming ever more concentrated in London and the south-east. ...
Could the IMF's 'world currency' help encourage global unity? | Mohamed El-Erian image
....The rise of anti-globalisation political movements and the threat of trade protectionism have led some people to wonder whether a stronger multilateral core for the world economy would reduce the risk of damaging fragmentation. After all, lest we forget, the current arrangements – as pressured as they are – reflected our post-world war two forebears’ strong desire to minimise the risk of “beggar-thy-neighbour” national policies, which had crippled growth, prosperity and global stability in the 1930s. ...
Reacting to technological threats isn't enough – we need to plan for them | Michael Boskin image
.... That can create space for something really ugly to occur, such as, say, a cyber-attack that knocks out an electrical grid. Beyond the immediate consequences, such an incident could spur citizens to demand excessively stringent curbs on technology, risking freedom and prosperity in the quest for security. ...
Industrial strategy 'must help' UK creative industries image
Source : BBC [Read Article] Saturday 15th of April 2017 02:53:13 AM
....Business Secretary Greg Clark said creative industries contributed nearly £90bn to the economy in 2015. He said TV producer Sir Peter Bazalgette is carrying out an independent review of how the sector "can help drive prosperity across the country by developing new technologies, capitalising on intellectual property rights and encouraging creativity from people of all ages and backgrounds". ...
Finally, a breakthrough alternative to growth economics – the doughnut | George Monbiot image
....” All that counts is the rate at which we turn natural wealth into cash. If this destroys our prosperity and the wonders that surround us, who cares?. ...
The case for a three-day weekend is clear – let’s start planning now | Caroline Lucas and Jonathan Bartley image
.... And, crucially, redistributing work from the 6 million of us in Britain working more than 45 hours a week to the more than 1. 5 million who are out of work would share prosperity and start to tackle the costs associated with unemployment. ...
Global productivity slowdown risks creating instability, warns IMF image
Source : Guardian [Read Article] Monday 3rd of April 2017 05:56:41 PM
....That kind of progress had been seen in many countries, she added. “But this engine of prosperity has slowed down in recent years, with negative consequences for growth and incomes that look very hard to unwind. ...
Putin's illiberal stagnation in Russia offers up a valuable lesson | Joseph Stiglitz image
.... And the opportunities for self-interested greed offered by Russia were simply too great for some to resist. Clearly, democratisation in Russia required efforts aimed at ensuring shared prosperity, not policies that led to the creation of an oligarchy. ...
The UK must not let this Brexit crisis go to waste. Nor must the EU image
Source : Guardian [Read Article] Friday 31st of March 2017 01:53:07 PM
.... That has made London extremely rich, but widened the gap between the capital and the rest of the country. It is no accident that London was so strongly for remain in the referendum, but its economy has more in common with the crescent of prosperity running through northern Italy, eastern France, the Low Countries and the western Länder of Germany than it does with the rest of the UK. ...
No, wealth isn’t created at the top. It is merely devoured there | Rutger Bregman image
.... The basic mechanism, however, is always the same: offer loans like it’s going out of style, which in turn inflates the price of things like houses and shares, then earn a tidy percentage off those overblown prices (in the form of interest, commissions, brokerage fees, or what have you), and if the shit hits the fan, let Uncle Sam mop it up. The financial innovation concocted by all the math whizzes working in modern banking (instead of at universities or companies that contribute to real prosperity) basically boils down to maximising the total amount of debt. ...
UK businesses welcome May's free trade call but warn of no-deal Brexit disaster image
.... It is in the interests of businesses across Europe to work together in absolute determination to make a success of Brexit. “Our shared aim must be to forge a mutually beneficial deal that delivers barrier-free trade and safeguards prosperity for all. ...
Crest Nicholson to pay bonuses despite shareholder revolt image
Source : Guardian [Read Article] Thursday 23rd of March 2017 07:10:32 PM
....He said: “As the starting gun is fired on this year’s AGM season, businesses around the UK would do well to heed the lessons from Brexit. “Too many people still feel they are not sharing in this country’s prosperity. ...
Save London's high streets from business rate hike, says mayor image
Source : Guardian [Read Article] Monday 20th of March 2017 04:43:52 PM
....This is the first time Britain’s property has been revalued since 2010. The revaluation is designed to spread the burden of business rates according to economic prosperity. ...
Article 50: Theresa May to trigger Brexit process next week image
Source : BBC [Read Article] Monday 20th of March 2017 11:39:42 AM
....Last year's referendum result, she added, "was not just about leaving the EU" but was a vote for a "change in the way the country works". "Part of that is building a strong economy and ensuring that the benefits of economic growth and prosperity are felt across every part of the UK. ...
British firms warned over new wave of pay revolts at AGMs image
Source : Guardian [Read Article] Sunday 19th of March 2017 12:59:57 PM
....Writing for the Guardian, Chris Cummings, the IA chief executive, said: “As the starting gun is fired on this year’s AGM season, businesses around the UK would do well to heed the lessons from Brexit. Too many people still feel they are not sharing in this country’s prosperity. ...
Executive pay: all eyes on boardroom as AGM season looms  | Chris Cummings image
....As the starting gun is fired on this year’s AGM season, businesses around the UK would do well to heed the lessons from Brexit. Too many people still feel they are not sharing in this country’s prosperity. ...
Trump begins rollback of Obama's car pollution standards to curb emissions image
Source : Guardian [Read Article] Wednesday 15th of March 2017 10:22:11 PM
.... On Wednesday, an alliance of 1,000 US companies took out ads in Washington DC publications to urge Trump to stay in the deal and work towards a low-carbon economy. The group, which includes Mars, General Mills and Ikea, warned that “failure to tackle climate change could put America’s economic prosperity at risk”. ...
Seaton Delaval Coty closure could mean 400 jobs axed image
Source : BBC [Read Article] Tuesday 14th of March 2017 02:56:07 PM
....Councillor Grant Davey, leader of Northumberland County Council, described it as "worrying news". He said: "The loss of so many jobs would have a massive impact, not just on individuals and their families but also the wider economy and future prosperity of the area. ...
Key points of the budget 2017 – at a glance image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:41:30 PM
....RM: This was also widely trailed by the Treasury as part of its focus on increasing the status of technical education. RM: This is a development of George Osborne’s ‘northern powerhouse’ strategy attempting to spread prosperity beyond the south-east. ...
Business wish list image
Source : BBC [Read Article] Sunday 5th of March 2017 01:37:19 AM
....In its Budget submission letter, the group urges the government to make sure it does not add to the mounting burden of costs facing firms for just doing business. "Prioritising stability will inject further confidence in the economy now, and help boost the country's productivity and prosperity for the future," says CBI chief economist Rain Newton-Smith. ...
George Osborne warns against leaving EU without trade deal image
Source : BBC [Read Article] Tuesday 28th of February 2017 03:18:11 PM
....The UK's interests, he added, had not been best served by delegating its trade policy to the EU and that the UK had a "unique global quality" which meant it would be able to maximise the opportunities provided by Brexit. He said he regretted the fact that globalisation had become a "boo word in the political lexicon", saying it had been a "liberating and enriching force" in lifting millions out of poverty and contributing to peace and prosperity in Europe. ...
Brexit is a Whitehall farce that threatens the heart of Europe image
Source : Guardian [Read Article] Sunday 26th of February 2017 07:00:23 AM
....Even Liam Fox, a hard-line Brexiter if ever there were one, recently conceded that he knew of no recent free trade agreement that did not also involve concessions on migration. So why the hell are we having to risk sacrificing much of our European trade, and potential future investment and prosperity, for the sake of offering sops to the Cerberus of Ukip?. ...
Driverless trucks: economic tsunami may swallow one of most common US jobs image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:00:02 PM
.... Over the same 42 years, the American economy grew by more than 200%, or a staggering $11tn. For millions of average Americans, the reasonable expectations of their youth – a steady job, home ownership, college education for their children – have degraded into decades of stagnation, even as they have been continuously bombarded by news of the overall growth and prosperity of the US economy. ...
EU main export market for most UK cities, says thinktank image
Source : Guardian [Read Article] Monday 30th of January 2017 07:01:46 AM
.... In her first key announcement on Brexit, the prime minister also confirmed the government planned to take the UK out of the EU single market. That plan has raised fears for the UK’s long-term prosperity, given its strong reliance on the EU as a trading partner. ...
Smoot and Hawley, the ghosts of tariffs past, haunt the White House image
Source : Guardian [Read Article] Sunday 29th of January 2017 12:00:23 PM
....”. Republicans called protective tariffs “essential for the continued prosperity of the country” and Hoover, who said agriculture was “the most urgent economic problem” facing the nation, said “an adequate tariff is the foundation of farm relief”. ...
This belated Tory conversion to industrial strategy is tragic image
Source : Guardian [Read Article] Sunday 29th of January 2017 06:59:17 AM
....Although some prominent Brexiters go on about regaining sovereignty and escaping the European court of justice, it seems to be widely accepted that the Leavers would not have won if they had not made such a fuss about immigration. They want us to sacrifice the future prosperity of this country, with implications for the government’s tax take that will almost certainly exacerbate the social problems associated with austerity, in order to regain control of immigration. ...

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