Phi Wire Hand Picked Politics - Live

  • Sad to hear of the death of Sheila Gunn, John Major's former press aide and all-...

    • source icon
    • 15:14
  • Stella Creasy | A British teenager has been murdered abroad why is David Cameron so quiet?

    • source icon
    • 15:00
  • Steerpike | Breitbart’s loss is Nigel Farage’s gain – or is it?

    • source icon
    • 14:51
  • Political Scrapbook | Tory MP: ‘My walk-in wardrobe is same size as NHS staffroom’

    • source icon
    • 14:46
  • Bruce Katz | Unleashing Metro Growth—What the U.K.’s City Growth Commission can teach the U.S...

    • source icon
    • 14:18
  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

Press Release

Press Releases

IEA: Unemployment figures show fiscal stimulus unnecessary

IEA press release

Commenting on the latest unemployment figures, Prof. Philip Booth, Editorial Director at the Institute of Economic Affairs, said:

“The latest unemployment figures clearly demonstrate that the UK has a growth and productivity problem and not a jobs problem. The economy has shown an ability to destroy and create jobs at an astonishing rate as it has responded to the cutbacks in public sector employment and in retailing. This is good news. It clearly shows that a fiscal stimulus package is not needed and indeed, would be undesirable.

“However, our growth and productivity problem is serious. Such problems cannot be solved by more government spending and borrowing. Indeed, in order to see the economy growing again, we must cut government spending from its current extremely high levels, reduce taxation and deregulate the economy. Unfortunately, in many key areas, the government is moving in precisely the opposite direction.”

Latest on this story

  • |

  • |

  • |

  • |

  • |

  • |

  • |

  • |

  • |

  • |


Latest on Professor Philip Booth

  • |


Latest on Indicators