A senior Tory at the heart of government policymaking has let slip that the Conservatives are considering a new tax plan which could hammer middle and low earners.
Category Archives: Sustainable Economy
‘Are you better off than four years ago?’ Ed Balls channels Reagan to highlight biggest fall in earnings since 1874
The call follows a raft of recent reports highlighting inequality as a threat to the global economy.
Celebrating today’s GDP figures as a victory for the chancellor would be a like praising the punctuality of the chauffeur who arrives at his destination three hours late.
UK GDP grew by 0.8 per cent in the second quarter of 2014, according to the latest quarterly national accounts from the Office for National Statistics (ONS).
Blair was right, Labour does need to move out of its ‘comfort zone’ – the comfort zone of refusing to discuss inequality.
Using a statistical sleight of hand, the government is trying to disguise the full horror of what’s happening to public sector pay.
The average pay of a FTSE 100 CEO has rocketed from around £1 million a year in the late 1990s to closer to £5 million today.
Good unemployment figures but stagnant pay have been the story about each month’s jobs figures for a year now.