£6bn cuts – long-term pain for short-term gain?
Schools funding, Sure Start children’s centres and 16-19 education were spared the axe this morning as George Osborne and David Laws announced £6bn of cuts.
Varun Chandra
The Government must hold its nerve on Capital Gains Tax
The new Government proposes raising the tax rate for capital gains. It is a sensible, progressive policy during the recession and they must hold their nerve.
The George and Vince show may get ugly
Heir to the Baronetcy of Ballentaylor, Mr Osborne has a degree in history and has never had a job outside of Westminster politics. An intellectial giant? No.
More evidence of market confidence in the UK
Left Foot Forward has consistently argued against Tory scaremongering that a hung parliament would necessarily lead to economic catastrophe.
Tory warnings hung parl will lead to chaos fail to materialise
Ken Clarke recently suggested that if a hung parliament were to emerge, voters will have acted in a ‘ridiculous’ fashion. His warnings have proved to be false.
Vote 2010: The banking system
This election, and more importantly its aftermath, will be defined by the economy, with the incoming government facing some unpalatable choices & spending cuts.
IoD: Tory hung parliament fears are “irresponsible”
To consistently mislead the British public on the likely economic consequences of a hung parliament, as the Tory Party continues to do, is simply unacceptable.
Stop the fearmongering on hung parliament risk
The Conservatives have this week argued that a hung parliament will lead to economic Armageddon. But the markets are already comfortable with the idea.
Taxing banks – the IMF proposals are the best we’ve seen
Limit taxpayer-exposure to future financial crises, raise revenue to replenish government finances, address supernormal, often grotesque, profits and bonuses.
Still not top of the class – Lib Dem finance policies fall short
The broad objectives of the Lib Dem finance proposals are to make banks smaller, encourage them to lend and help local businesses access capital.