The inclusion later this year of capitalised research and development (R&D) expenditure in the national accounts will boost the level of GDP by up to 3%, with most of that additional spending being...

The 11th hour fiscal cliff deal to avert most of the scheduled tax increases was better than nothing, but it didn’t include a provision to raise the debt ceiling and the scheduled spending cuts have...

The fiscal cliff deal approved by both Houses of Congress to avert most of the scheduled tax increases is better than nothing, but it didn’t include a provision to raise the debt ceiling, and the...

The negotiations to avert the fiscal cliff are, as we always expected, going down to the wire. This is supposed to be political theatre. The failure of Boehner's "Plan B" illustrates that any deal has...