Category Archives: Uncategorized

A report from the International Monetary Fund cautions that hard-and-fast cuts across multiple economies will damage growth and impair the ability of Western countries to recover. Based on 30 years of data the IMF concludes: “Our findings suggest that in … Continue reading →

Child benefit, currently a universal payment to all parents with kids in full time education, will be scrapped for higher rate tax payers. Any household where either parent falls into the higher tax bracket (earning approx 44k) will lose £20.30 … Continue reading →

In an interesting take on the Conservative conference, Reuters today warns that business leaders are concerned that the conference has been all about spending cuts at the expense of setting out a coherent plan for economic recovery. Adam Marshall, policy … Continue reading →

Osborne might be firing on all cylinders for hard-and-fast spending cuts, but there are signs that some big savings will be held back until later into the parliament. With the small matter of compensation for existing contracts, along with the … Continue reading →

So much for the Tory conference slogan “Together in the National Interest.” It seems Scotland, Wales and Northern Ireland aren’t on board – today all three of the devolved first ministers (along with their deputies and finance minsters), agreed a … Continue reading →

Working class boy made good lands Shadow Chancellor role to take on Bullingdon Tory toff over austerity spending cuts. Bring it on… http://www.bbc.co.uk/news/uk-politics-11499638 http://en.wikipedia.org/wiki/Alan_Johnson

In his first interview since taking up his new post as Shadow Chancellor, Alan Johnson today tells The Observer that planned ConDem cuts will be far worse than those seen under Thatcher in the dark days of the 1980s. One … Continue reading →

Having campaigned against any increase in university tuition fess, and with every sitting Lib Dem MP having signed personal pledges to that effect, today’s publication of the Browne report could mark the first major challenge to the ConDem coalition. Lord … Continue reading →