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Government gloom after Cable clanger and borrowing bonanza

The Business Secretary's unguarded comments about the Coalition are certainly damaging - if only to Vince himself. And some rotten news on the public finances won't help matters.

Stat of the day: 100

The number of US municipalities that could experience financial collapse next year as the debt crisis takes its toll.

FSA caves in to RBS pressure (sort of)

Lord Turner agrees to publish a report on the failure of RBS - but in a form that's unlikely to appease the critics.

Maude drafts business leaders into Government

The Cabinet Office minister has unveiled a list of 31 business people to help Whitehall with its efficiency drive. Sounds good to us.

Who said it?

'At the moment, the policy is still lend, pray and hope this is a liquidity problem and not a solvency problem.' - The Telegraph reports that although economist Nouriel Roubini (also known as 'Dr Doom') expects the global economy to grow by 4% next year, the troubled eurozone still poses a risk.

Blame lenders, not borrowers, says Bank of England

Lenders should carry the can for the lack of borrowing that's hindering the recovery, the Bank says - but is it making their problems worse?

Iceland agrees to give us our money back - by 2046

The UK has finally cut a deal with Iceland over the money it owes us for Icesave. But it'll be a while before we see it.

Government aims to lead Europe on super-fast broadband by 2015

The Government's plans for universal high-speed broadband access, with a 'digital hub in every community', sound impressive. But are we too far behind to catch up?

Recruitment freeze thaws - but do we have the skills to swim?

A report suggests recruitment levels are set to double in 2011. But employers may struggle to find the right people to fill the new roles.

Cap public salaries to prevent 'arms race'

Public sector executives should earn no more than 20 times that of the lowest-paid workers in their departments, a report by Will Hutton has suggested.

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