First posted Monday, 14 January 2013 at Socialist Economic Bulletin 20 YEARS OF LOST OUTPUT By Michael Burke The Office for National Statistics (ONS) reported the latest data on industrial production as: ‘Production rose by 0.3% between October and November. Within … Continue reading
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First posted Wednesday, 12 December 2012 – Socialist Economic Bulletin The Autumn Statement and Long-Term Austerity By Michael Burke George Osborne’s Autumn Statement brings home the stark reality that on current policy settings economic stagnation and ‘austerity’ will be a permanent … Continue reading
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First posted on Socialist Economic Bulletin Monday, 10 December 2012 Investment Slump Greater Than Whole Loss of British GDP By Michael Burke The latest estimate for Britain’s GDP growth in the 3rd quarter of 2012 left the initial estimate unchanged with growth of … Continue reading