Archive: Double Dip Recession
The weirdest recession of all
Economic experts bedevilled by the riddle of falling inequality and unexpectedly positive unemployment think they are finally cracking the code of the double-dip recession.
Opinion Former Articles
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ESRC: Young people face double penalty in a slow job market
The latest official unemployment figures show that unemployment among young people has soared to 22.3 per cent, higher than the recession of the 1990s, while the overall unemployment rate is nine per cent. New research from Understanding Society, a study of more than 40,000 UK households, has examined what is driving this uneven employment pattern and finds that young people suffer from a 'double-penalty' in their attempts to find and keep a job.
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ESRC: Survey paints a portrait of the UK in recession
A complex and fascinating portrait of a society suffering the effects of the deepest recession since the early 1990s and in which young people appear to have been hardest hit is revealed by new findings from the UK’s largest longitudinal household survey Understanding Society. The research published also shows that efforts to get more students from poorer backgrounds to go to university have not been successful and that more needs to be done to get teenagers to live a healthier life in order to assure their future happiness.
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Unite: Recession and budget is proof Osborne is not up to the job
Unite, Britain's biggest union, says Britain's return to recession and the government's disastrous budget is proof that George Osborne is not up to the job.
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CPA: Construction Re-enters Recession in Q1 with Further Falls Expected
Today’s figures from ONS for GDP in the first quarter of 2012 show that the UK economy and construction industry returned to recession with a fall of 0.2% fall and 3% respectively.
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More austerity: Grim Osborne ready to target richest and poorest
The richest and poorest in society are set to pay the biggest price of George Osborne's latest tax rises and spending cuts.
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Analysis: GDP good news means precisely nothing
The double-dip recession is officially over - but don't be fooled. Britain's economic misery is far from over.
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Fewer visitors, but Olympics still boosted economy
London 2012 may have had a net positive effect on the economy despite lower than expected visitor numbers in August, figures are suggesting.
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Govt's growth fund pot not reaching frontline projects
Only £60 million of the government's £1.4 billion regional growth fund to help boost the economy has reached frontline projects, it has emerged.
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Plan D? Davis demands 'shock therapy' to end recession
Tory troublemaker David Davis is stealing the headlines from the government's growth strategy with his own calls for "economic shock therapy".
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With friends like these... Business turns against the coalition
Company bosses are pointing the finger at the government as the recession drags on, with a poll out today condemning all the coalition's major reforms to have been completely ineffective.
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Shrinking economy 'made worse by austerity'
Britain's dire economic situation could have been avoided with less drastic public spending cuts, an economic think-tank has claimed.
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No respite as recession deepens
Britain's economy shrank by an unexpectedly bad 0.7% in 2012's second quarter, making this the worst double-dip recession in over half a century.
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Ministers 'must step in' to help ailing economy
The coalition needs to abandon its current approach and intervene to get Britain out of recession, an economist has warned.
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Austerity Britain: No light at the end of the tunnel, Cameron warns
David Cameron has offered his gloomiest take yet on the longevity of the government's spending cuts agenda.
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'Not that bleak': Minister upbeat after unemployment drops 0.2%
The number of those out of work has dropped again, prompting an upbeat assessment of Britain's economic prospects from the coalition.
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Recession dents Osborne's deficit reduction plan
The coalition's deficit reduction strategy is being questioned this morning after figures showed more government borrowing than expected n May.
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George Osborne's 2012 Mansion House speech in full
Here's the chancellor's Mansion House address, in which he announces details of new measures to boost the liquidity of Britain's banks and inject money into the 'real economy, in full:
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'New firepower' deployed to help UK's shrinking economy
Bank lending could be increased by as much as £80 billion under a bold new 'funding for lending' scheme unveiled by George Osborne and Mervyn King last night.
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Analysis: A new deal for business?
As European political leaders look for a balance between austerity and growth, the UK public are grappling with their own trade-offs: wanting low prices on the one hand, but for companies to invest in Britain on the other.
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Confirmed: Double-dip recession even worse than feared
Britain's economy shrunk more quickly than expected in the first quarter of 2011, in a setback to pundits who had doubted whether the UK really was suffering a double-dip recession.
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Downgraded growth overshadows falling unemployment
The Bank of England has downgraded Britain's 2012 growth forecast, cancelling out good news on unemployment figures for the coalition.
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Labour focused on recession misery ahead of May 3rd elections
Labour's leaders are fighting this week's local elections by pointing the finger at the "out-of-touch" coalition government.
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Recession woes: Coalition won't budge despite new poll low
David Cameron is refusing to revert to a 'plan B' despite the double-dip recession and a new polling setback for his party.
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Double-dip doubted as Balls slams austerity
Economists are questioning whether Britain is really in a double-dip recession, as Labour makes the most of yesterday's news.
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Comment: Britain's decline is about much more than just money
Britain's economic recession is being matched by a political one made much, much worse by the coalition. Clegg and Cameron's dream of a 'new politics' is turning into a nightmare.
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'Shadow of sleaze': Miliband savages Cameron at PMQs
David Cameron has endured one of his worst PMQs since becoming prime minister, when a return to recession and allegations from the Leveson inquiry proved disastrous for the government.
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PMQs sketch: Cameron comes close to losing it
The prime minister nearly has a Kinnock moment.
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Double-dip: Britain back in recession
The UK economy shrunk by 0.2% in the first quarter of 2012, meaning the much-feared double-dip recession is now a reality.
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