New orders in manufacturing:
December 2024 (in real terms, provisional):
+6.9% on the previous month (seasonally and calendar adjusted)
-6.3% on the same month a year earlier (calendar adjusted)
Economics
Chaminda Jayanetti – Carillion: A story of Britain’s fake markets
The problem for Chaminda Jayanetti was that most of the areas in which PFI operates are “fake” markets with no true competition. “These markets are fake because they are entirely dependent on the taxpayer” Read […]
Geopolitics
Pankaj Mishra: The Shoah after Gaza
There is too much evidence that the arc of the moral universe does not bend towards justice; powerful men can make their massacres seem necessary and righteous. It’s not at all difficult to imagine a […]
Austerity
Larry Elliot: Attacks on McDonnell a sign Tories know stance on borrowing is defunct
Obsession with debt reduction has been disastrous and arguments against a borrow-to-invest approach no longer pass muster Read here
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