Number of homeless in England has risen for 3 years in a row, report says

Number of homeless in England has risen for 3 years in a row report says 185,000 a year affected, say Crisis and the Joseph Rowntree Foundation, because of benefits cuts and a shortage of housing.
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UK trapped in ‘vicious spiral’ of falling wages and depressed investment

International Labour Organisation warns of threat of rising child poverty in Britain if measures to combat unemployment are not introducedBritain must do more to get companies investing and banks lending if it wants to turn around a stagnant labour market that has seen long-term unemployment double since the financial crisis began.That is the warning from […]
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Women’s Institute votes to launch a campaign to rescue local shops

Call to action over disappearing high streets is carried at annual meeting despite criticism of ‘vague’ wording The Women’s Institute yesterday voted to make retail regeneration its next major campaigning issue to end the “crisis” of the continuing decline of the UK’s high streets. More than 4.000 members representing the 212,000 strong national membership agreed […]
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Sir Mervyn King marks departure by going for a song on Desert Island Discs

Outgoing Governor of the Bank of England: it’s healthy that students don’t want a City career at a high cost to societyHe steered the Bank of England through the worst financial crisis since the Great Depression, but Sir Mervyn King insists that a nine-month stint as a supply teacher in Wolverhampton in 1966 was still […]
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Europe’s austerity: big worries, small thinking | Editorial

Plan A is now acknowledged to be a failure; yet it remains the default option, just extended far into the futureThe economist Yanis Varoufakis has an apt metaphor for Europe’s latest approach to its economic crisis. Imagine, he says, that your neighbours demanded you do a 100m sprint in under 10 seconds. They whip you, […]
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The Body Economic by David Stuckler and Sanjay Basu; When the Money Runs Out by Stephen D King – review

Two books judging international responses to the financial crisis will make uncomfortable reading for David Cameron – and us allWhile Britain may have narrowly avoided a dreaded triple-dip recession, the government’s programme of swingeing cuts to public-sector spending looks increasingly ill-advised as the economy flounders. Two books judging the wisdom of international responses to the […]
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The new farm bill is an economic disaster | Heidi Moore

Just when you think Congress can’t get any dumber, it crafts a $1tn farm bill that harms the poor and promotes unhealthy foodThe US Congress, its approval rating still near all-time lows, is reinforcing its own record of stupefyingly short-sighted lawmaking with what may be the most harmful piece of economic legislation in America in […]
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Sir Mervyn King: don’t demonise bankers

Outgoing Bank of England governor blames regulatory failure for banking crisis and not individualsThe outgoing governor of the Bank of England has called on the British people not to “demonise” bankers for the financial crisis.Sir Mervyn King said on Sunday that the failings of the financial and regulatory system were the root cause of the […]
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