Today’s labour market figures show that although a fragile labour market recovery may be starting, the fact that many are still facing unemployment and persistent long-term worklessness remains a significant risk.
David Miliband has today backed calls for a High Pay Commission. He becomes the third leadership candidate to do so after his brother, Ed, and Diane Abbott.
The report deals comprehensively with the issues of structure, regulation and the culture and ethics of banks. However, it stops short of openly recognising and addressing three key failings of the UK banking system that existed even when CDOs were mere glints in the bankers’ eyes
As noted in our Politics Summary, George Osborne is taking a bit of a kicking today over his pre-election claims that Britain was risking a “Greek tragedy”…
In the March Budget, Labour set out plans to cut public spending by £38 billion. The OBR’s report today provides no justification to go any further next week.
Capital gains tax reform is one of the biggest issues currently facing the Coalition Government; there is a major debate taking place on how the tax can be reformed & made fairer.
In today’s Guardian, Will Straw argues that Labour must “pick what it thinks is the right size of the public sector.” A wealth tax is one way to protect against cuts.
Since its inception, Lord Lawson’s climate-denying Global Warming Policy Foundation has been dogged by questions about funding.
The Canadian experience shows that a government needs to get much more creative and draconian than that – but the UK anything near the level of intergovernmental transfers ripe for the cutting.
The Government plans to “tackle Labour’s legacy of debt” yet they are also proposing a number of tax cuts. But there is an alternative way to reducing the deficit.
