David Cameron on economy and growth stragegy, part1/2 (17May12) Prime Minister David Cameron demands bold economic decisions in Davos. Nservative leader David Cameron to demand 'culture of thrift' | Politics. David Cameron will today underline his commitment to impose a "culture of thrift" on Whitehall if the Conservatives win power in a keynote speech to the party's spring forum in Cheltenham. The Conservative leader will attempt to capitalise on the government's economic difficulties when he blames Labour's "irresponsibility" for plunging Britain into the deepest recession since the second world war. As the narrow lanes around Cheltenham racecourse creaked to a standstill, glorious sunshine and a throng of Tory frontbenchers greeted delegates arriving at the annual weekend gathering. Outside the main entrance, George Osborne, the shadow chancellor, embarked on a series of television interviews in which he skilfully expressed his dislike for the government's new 50p top rate of tax while, at the same time, admitting a Conservative government would not necessary scrap the move.
"There is only one way out of this mess, and that is through massive change. David Cameron: We need to be clear about the best way of getting what is best for Britain. United Kingdom Unemployment Rate. UK Unemployment Rate Down to 5-Year LowIn the three months to February of 2014, UK jobless rate fell to 6.9 percent, down from 7.2 percent in the previous period. Pay growth rose 1.7 percent and caught up with inflation for the first time in nearly four years. Latest estimates for December 2013 to February 2014 show that employment continued to increase, unemployment continued to fall, as did the number of economically inactive people aged from 16 to 64.
At 2.24 million for December 2013 to February 2014, unemployment was 77,000 lower than for September to November 2013 and 320,000 lower than a year earlier. Employment reached 30.39 million, 239,000 higher than for September to November 2013 and 691,000 higher than a year earlier. 72.6 percent of people aged 16 to 64 were in work for December 2013 to February 2014, up from 72.1 percent for September to November 2013 and from 71.4 percent for a year earlier.
ONS | Joana Taborda | joana.taborda@tradingeconomics.com4/16/2014 9:44:04 AM. Cameron's Trailblazing Road to Ruin. Photograph by Carl Court/AFP/Getty Images Perhaps it is a sense of diplomatic propriety that has kept David Cameron's economic policies out of the American election campaign so far —with the Obama administration, where detachment has risen to the level of art, you can never rule out the possibility that the president cutting off his political nose to spit his face. Michael Moran is an author and geopolitical analyst. Follow But Britannia has offered up precisely the model that I argued last year would serve as a cautionary tale for American voters of the dangers of cutting a swathe through the public sector at a time when private sector job growth is anemic. On Wednesday, the U.K.'s Office for National Statistics officially confirmed what everyone has known for months now: the U.K. is back in recession.
The dreaded double-dip will be blamed by the country's leadership—the Tory Prime Minister David Cameron, and his too-compliant Liberal Democratic ally, Nick Clegg, on external forces. David Cameron, the new Edward Heath? | Business. The government is thinking about putting an airport in the Thames estuary. It is ramming through a revamp of the National Health Service. Oil prices are high and there is trouble in the Middle East. The prime minister inveighs against the "unacceptable face of capitalism".
Something strange is happening: we seem to be turning the clock back to the early 1970s. For Boris Island read Foulness; for Sir Keith Joseph read Andrew Lansley; for Tiny Rowland read Sir Fred Goodwin; for the Yom Kippur war read Iran's nuclear programme. Then, as now, there was much agonising about pay freezes, price rises and the dysfunctional state of the economy. So here's the question troubling one or two Conservatives: is David Cameron becoming the new Ted Heath? But it is on the economy that Cameron, like Heath, will be judged. This, though, is not sufficient evidence to make the charge stick. Second, there has to be a "get tough" phase. The third condition is a botched reform of a key sector of the economy.
BBC ON THIS DAY | 26 | 1982: UK unemployment tops three million. 1982: UK unemployment tops three million The number of people out of work in Britain has risen above three million for the first time since the 1930s. The official jobless total, announced today, is 3,070,621. It means one in eight people is out of work. Rates of unemployment vary across the country - in Northern Ireland it is nearly 20% and 15 or 16% in most parts of Scotland the North East and North West - only in the South East does it drop below 10%.
Prime Minister Margaret Thatcher was given a rough ride when she tried to defend the government's record on employment in the Commons this afternoon. Mrs Thatcher was frequently heckled as she insisted there were "encouraging signs" the economy was improving. Afterwards, Labour leader, Michael Foot, said: "When Mrs Thatcher came into office there were five people chasing each job and that was bad enough. More than 750,000 people are now classed as longterm unemployed. Economy tracker: Unemployment. 19 March 2014Last updated at 06:42 ET Continue reading the main story Latest news: The number of people out of work fell by 63,000 to 2.33 million in the three months to January, according to the Office for National Statistics.
The unemployment rate of the economically active population is 7.2%, and the number of people in work is 30.19 million. The claimant count - the number of people claiming Jobseeker's Allowance - fell by 34,000 to 1.17 million in February. Understanding unemployment: A person is classed as unemployed if not only out of work, but also actively looking for work and available to start work within a fortnight Unemployment figures are based on a survey carried out by the Office for National Statistics.
Unemployment is referred to as a lagging indicator, because businesses will often delay laying people off as long as they can in difficult times. A few months after the start of the recession in 2008, unemployment started to rise sharply. David Cameron defends economic growth policy. 1 October 2011Last updated at 17:23 David Cameron insists that the government has an "incredibly active growth strategy" Prime Minister David Cameron has defended the government's policies on economic growth following criticism from a prominent Tory figure.
Commons Treasury Committee chairman Andrew Tyrie said the government was not doing enough to promote growth. He called for tax cuts for business and questioned government initiatives, such as the Big Society. Mr Cameron said growth was vital and the government had an "incredibly active" growth strategy. Mr Tyrie said some government initiatives "have seemed at best irrelevant to the task in hand, if not downright contradictory to it". According to Mr Tyrie, the government is pursuing policies more suited to an age of abundance rather than austerity. He does support the coalition's strategy to reduce the public deficit, saying it is both necessary and correct. Living standards Continue reading the main story Analysis. David Cameron prêt à un référendum sur l'Europe.