I have heard some crazy things said about the economic downturn. One of the more stupid comments was the suggestion that the downturn is a "middle class recession". Whoever said such a stupid thing should hang their head in shame and apologise to the thousands and thousands of workers who have...

For me, today's confirmation that we are in recession serves three purposes. Firstly it formalises what people on the street already know, there is an economic downturn we have been feeling the pinch for some time now. The Government can not spin this fact any longer, the statistics have caught up. The UK is in recession. Secondly, Gordon Browns pronouncements that he "Ended Boom and Bust"

You might worry about retirement, but bureaucrats and safety workers in Orange County, CA, sure don't.

The deficit is in the Tories' crosshairs this morning. George Osborne pens an article in the Times, castigating Brown's obsession with continuity: ‘We need a new British economic model that learns from the mistakes of the past. First, that new economic model requires government to live within its means. We entered the recession, after years of growth, with one of the highest defici...

The UK government said on Tuesday (3 November) it would keep restrictions on the number of Romanians and Bulgarians allowed to work in Britain until the end of 2011 to protect British workers during the recession.

UNEMPLOYED workers who take advantage of an Assembly Government-backed training initiative aimed at combating the recession are likely to find their benefits cut, it has been revealed.

George Osborne has said that a government "spending splurge" to offset the recession risks economic ruin.

The (Conservative) leader of the Local Government Association said in a press release today: "The economic recession will touch almost everyone and every organisation in the UK in some shape or form. Councils are at the centre of helping people, businesses and other groups through the tough economic times ahead. When things go wrong, councils step in, both to help kick-start the economy when it hi...

Male workers were the main victims of the 1980s recession, but the current credit crunch is affecting women at least as badly as men; tens of thousands of female workers have already lost their jobs, with more to come. Although women are suffering alongside men in the economic downturn, their voices have been conspicuously absent from the debate on what went wrong and how we should go about recons...

It is, if anything, worse than we thought. A government that has brought public finances to the brink of insolvency has shown that it is equally bankrupt of the ideas needed to aid recovery. As George Osborne said today, even James Callaghan understood that a government cannot spend its way out of recession. In the space of six months our economic thinking has regressed 40 years. Not since the six...