Posts Tagged ‘recession’
The arts are at the heart of society – big or otherwise
Squeezing arts funding in Wales will cause irrepairable damage. In times of austerity, the Welsh Assembly Government has a duty to at least maintain core funding
Economic Stock-Take
The FTSE 100 is currently (about 10am) 5,370. For most of 2007 it sat above 6,000, before dropping in 2008 and 2009 to, eventually, 3,500. So it’s within 10% of its pre-crash peak. House prices have, so far, had a good year, with the Nationwide House Price Index showing a 3% rise in the first [...]
It’s house prices, not bankers at the root of the problem
Banks have been the main target when it comes to attributing the recession. But we are all to blame, and here’s how it all happened
We can’t afford to cut the public sector
During a period of tight financial settlements, public services often become a scapegoat or an easy target for cuts and so-called efficiency savings. But cutting public services now could do the economy more damage and lead to another recession
Checking the storm
Vince Cable is widely credited with having seen the signs of the current economic crisis before any other politician. In an interview with WalesHome, he explains how it could happen again and what needs to be done to prevent it
Tears for Lenin
Many in the West thought that the end of communism would signal happier times for those behind the Iron Curtain. But, for many millions, it signalled a return to how Russia was always run
No more socialism for the super rich
With over £1.4 trillion of personal debt still in the UK, the CAB remains in the frontline of supporting people during the recession. Now it is putting forward a series of radical proposals to help turn around our fortunes
Done nothing
The Specials take to the stage in Cardiff tomorrow on the latest date of a national tour for the reformed ska band. But this is no nostalgic reunion, and we shouldn’t take comfort from the resonance that their lyrics of 30 years ago still bear today
Now is the time for us to work together
Ireland’s current economic crisis should also be a concern for Wales, and this week’s meeting of the British Irish Parliamentary Assembly provides the perfect place to start pooling our expertise – and experience in devolution – to find solutions that suit the Celtic nations
Change the mindset and you can fix the economy
The Welsh Liberal Democrats begin their Autumn conference today in Wrexham, one of the key local authorities they control in Wales. Ahead of her keynote speech to conference, Welsh party leader Kirsty Williams sets out her party’s approach to revitialising Welsh economic development policy







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