Big pay rises at top British companies
The 100 best-paid chief executives of British companies were paid £4.3 million each on average last year, an increase of 13 per cent on 2011, research has found.
Green Politics
An Ed Balls up on benefits for rich pensioners
I am used to David Cameron shooting from the hip with knee jerk, ill thought out policies to respond to public opinion but I thought that Ed Balls would be cleverer than that.
Cutting top rate taxes makes the rich richer. And that’s it
So, cutting taxes just makes the rich richer. And that’s it. And since we know inequality harms society these tax rates, it follows, are harmful to us all – the rich included.
High noon for Europe as unions call for investment to ‘kick start’ the recovery
Ahead of this week’s European TUC mid-term conference in Dublin, European Union leaders have called for a new European Recovery Plan to kick-start economic growth.
Vote against clean power target for 2030 is major setback for UK economy
At PMQs, David Cameron outlined that yesterday’s House of Commons vote against a cross-party amendment to set a clean power target for 2030 was the right outcome. While the issue might seem a long way from the electorate’s concerns, the result will have a serious impact on the working lives of many people in the country.
The Energy Bill will hurt UK car makers
One way of supporting the UK motor industry would be to introduce a 2030 decarbonisation target into the Energy Bill to help decarbonisation the fuel needed for electric cars. If Parliament is serious about balancing the economy, it should accept the amendment before it today.
Will the end of Quantitative Easing trigger a second crisis?
Something strange has been happening in stock markets since 2008: they have been going up. Not just up, but absolutely flying. Through the prolonged failed recovery, unemployment, an investment crisis, the Fukushima crisis and the EU debacle, Wall street, still the market all else look to, has doubled in value.
Could Tony Blair help to defuse the Tory electoral time-bomb?
Labour can make a compelling argument that the economic crisis in the UK was not principally its fault but the result of an international banking crisis with its roots in the US.
Abandoning the winter fuel allowance for a mere £100 million: why bother?
Ed Balls is currently making a speech in which he will effectively renege on previous Labour Party statements that universality remained a “part of the bedrock” of the welfare state.
With its intellectual justification in tatters, this government’s policy must change direction before it’s too late
The policy of austerity is finally dying with Europe and even the monetarist IMF realising their folly recently. With its intellectual justification in tatters this government’s economic policies must change right now.