When Alistair Darling unveiled his pre-budget report in November it was clear that the UK, along with most other economies globally, was entering recession. However, as time progresses – and the economic times move particularly fast right now, it is clear the challenges we face are greater than we anticipated even two months ago. So, what more can we do to offer help to families and businesses? And what can we do to ensure that when the recovery comes we are in a position to benefit? more »

In my Fabian Review article "Why £20bn is not enough" and at Saturday's Fabian conference session "Fairness in a Recession" I argued that although government action to date was welcome, more would be needed to pull us out of this recession. Specifically, measures to get banks lending again, greater use of government spending, support for the mortgage market and quantitative easing. more »

Rachel Reeves, Labour's parliamentary candidate in Leeds West and former Bank of England economist, was reported in Metro this morning, calling on the government and Bank of England to do more to get the economy moving: " I welcome the cut in interest ra… more »

The Government has been both pragmatic and radical, argues Rachel Reeves in the Fabian Review. But it has not yet done enough to support economic recovery. more »