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Andrew Verity
BBC economics correspondent. That should mean I'm corresponding with everyone. Views mine: facts, everyone's.
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Andrew Verity 9h
We're no more productive (q4 2014) than we were in 2007 (ONS): "the absence of productivity growth...is unprecedented in the post-war period
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Andrew Verity Mar 31
Population is now 64,724,000 (ONS) - two million more than when the Coaliton took power - helps explain growth, productivity, jobs data.
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Andrew Verity Mar 31
Gross domestic product per head increased 0.5% compared to Q3 2014 but remains 1.2% below pre-economic downturn levels - ONS
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Andrew Verity Mar 31
Real household disposable incomes per head in Q4 2014 - George Osborne's preferred measure - now above its level of Q2 2010
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Andrew Verity Mar 31
Current account deficit - crudely the difference bt money coming into the country and money going out - has improved from 6.1% of GDP to5.6%
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Andrew Verity Mar 31
IFS SAYS labour is not committed to the £30bn. The charter does not require that cos it extends to 2018/19. Cons taking 2017/18
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Andrew Verity Mar 25
David Cameron has ruled out raising VAT - a big change from yesterday when George Osborne demurred from doing so.
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Andrew Verity Mar 24
This is the first time prices have stopped rising on CPI measure since 1960 (according to model constructed by ONS)
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Andrew Verity Mar 24
If you look at goods (excluding services) the average price FELL 2%; we've now had deflation there for 4 months.
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Andrew Verity Mar 20
2 of 2: '- has come in consistently and significantly lower than the Bank's forecast'.
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Andrew Verity Mar 20
1 of 2: Haldane takes apart MPC majority view: 'unemployment has come in consistently below bank expectations...yet wage growth -'
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Andrew Verity Mar 19
yes. Labour number excludes pensioners and tax changes. Tory one crucially includes 2015 forecast (lab goes up to Apr 2014)
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Andrew Verity Mar 19
no just different numbers: Osborne's based on net incomes and include pensioners (whose inflation busting rises we all fund)
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Andrew Verity Mar 19
For median incomes of working age people to catch up to 2010 levels requires a 2.5% increase this year above inflation (IFS).
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Andrew Verity Mar 19
Tory numbers in living standards look better than Labour's cos they a) take in tax changes b) include pensioners c) include 2014/15 forecast
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Andrew Verity Mar 19
Working age incomes would need a 2.5% uplift this year to get back to 2010 levels (IFS) .
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Andrew Verity Mar 19
We're better off than in 2010 or pre-crisis. But this very slow recovery in real incomes is 'no cause for great celebration' -IFS
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Andrew Verity Mar 19
IFS: Real cost of state pensions will rise because they're rising in line with (2.5%) triple lock'
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Andrew Verity Mar 19
Coalition Budget plans imply cuts to departmental spending of £40bn by 2018/19 - IFS.
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Andrew Verity Mar 18
OBR: "a much sharper squeeze on real spending in 2016-17 and 2017-18 than anything seen over the past five years"
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