Hamish McRae: Let’s celebrate US growth, but this recovery will be far from smooth

What is much less clear is the path and nature of that growth, its sustainability, the extent to which the recovery creates employment, the long-term …

US emerges from recession

Author: By Matt Williams, Press Association An advance estimate of gross domestic product (GDP) by the Bureau of Economic Analysis suggests that US ou…

Hamish McRae: Any green shoots have failed to take root, so far

As it was, it seems that just about every bit of the economy was down, including the largest single element of it, private sector services. The green …

Britain’s recession record

Author: By Russell Lynch, PA The financial crisis and eventual nationalisation of many banks has been the defining feature of the slump, which Lord Tu…

Plan to pull 500,000 from dole queue

Author: By Andrew Grice Yvette Cooper, the Work and Pensions Secretary, will treble to 750,000 the number of jobless people who will be helped back in…

Outlook: Brown’s hair shirt will not suit all occasions

In contrast to this “virtue later” approach, Gordon Brown trumpets austerity now. What’s more, he is going to make sure every future…

The recession may be over, but the number without work won’t stop rising

Mervyn King, the Governor of the Bank of England, said last week that Britain has joined Germany and France in emerging from recession, while Ben Bern…

Economic prospects look up Down Under

Author: By Sean O’Grady, Economics Editor The claim came as official statistics showed that Australian GDP grew by a seasonally adjusted 0.6 per…

Darling: UK recovery ‘around the corner’

Alistair Darling said he was “confident” of a return to growth and a sustainable recovery, despite ongoing risks to the global economy. Ah…

City cheers shares’ longest winning run in four years

Author: By James Moore and Maggie Pagano The index of leading British companies finished its seventh day of rises up 37.55 at 4,481.17. The FTSE 100 h…