Strong services data signals UK growth on track to outstrip rest of Europe

Strong services data signals UK growth on track to outstrip rest of Europe PMI survey’s all-sector reading hits 15-year high, with order books growing at fastest pace since Tony Blair became PM.
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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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Austerity could only ever bring Europe so far | László Andor

There can be no solution to the European Union’s crisis without restructuring economic and monetary unionEconomic prosperity and social progress are key European Union goals. But for the past five years it has delivered neither. It has been in a double-dip recession since mid-2011, with unemployment now at a record high of 11% and no tangible […]
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Croatian president urges Britain to remain in the EU

Ivo Josipovic says British exit would have negative impact on trade bloc, as Croatia prepares to become 28th member stateThe president of the EU’s newest member, Croatia, has urged Britain not to leave but instead to help reform Europe from the inside.”The reason for us to enter is the same as yours is to stay,” […]
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Europe needs a more European UK, says ECB president

Mario Draghi stresses ‘depth of interconnection’ between UK and Europe, in speech to bankers in City of LondonMario Draghi, president of the European Central Bank, has called for the UK to be “more European” and said the continent’s key institutions could face dissolution if the UK leaves the European Union.In a speech to bankers in […]
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Derivatives trader: ‘Trading can take over your life – but only if you let it’ | Joris Luyendijk

A migrant derivatives trader working in London talks of how he trades on volatility to buy himself financial security• This monologue is part of a series in which people across the financial sector speak to Joris Luyendijk about their working livesHe describes himself as “a third-world migrant in his early 20s from near the equator”. […]
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US pushes Europe to amend arms embargo on Syrian rebels

John Kerry seeks support for British-led move as means of pressuring Bashar al-Assad to enter into peace negotiationsThe United States is lobbying European governments to back a British-led call to amend the EU arms embargo on Syria to put pressure on President Bashar al-Assad to enter into talks with the opposition.John Kerry, the US secretary […]
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Shale gas investments ‘could be worth £4bn a year to UK economy’

The fuel could become a ‘new North Sea’ energy business, and create more than 70,000 jobs, according to a new reportInvestments in shale gas drilling could yield an industry worth nearly £4bn a year to the UK economy and create more than 70,000 jobs, according to a new report from the Institute of Directors (IoD), […]
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