For every extra £4 spending is cut, it only cuts borrowing an extra 75p
The latest figures on growth (or lack of) are bad for the government’s deficit reduction plan; the government is terrible at cutting borrowing generally.
Alistair Darling
Will quantitative easing work this time?
George Irvin runs the rule over the aims of the latest round of quantitative easing, and asks whether it will work for a second time.
Growth cut the 2010-11 deficit as fast as cuts
George Osborne’s strategy was 75% cuts and 25% taxes, but he forgot to add in growth; growth last year cut the deficit as much as cuts.
Osborne set to U-turn on QE – so why not on Plan B?
Chancellor George Osborne looks set to give the green light to a second round of Quantitative Easing – a policy he once described as “an admission of failure”.
New poll shows public prefer Darling’s deficit reduction plan to Osborne’s
A new poll shows that the public remains sceptical of George Osborne’s economic strategy. Alistair Darling’s slower approach to deficit reduction is supported by 55% to 45%.
City bonuses set to rise following withdrawal of payroll tax
A new study has shown that Alistair Darling’s ‘bankers’ bonus tax’ reduced the amount paid out in City bonuses, reports Left Foot Forward’s Claire French.
After the Budget, the questions for George Osborne
George Osborne says he will set out more details of the Tory economic policy in the coming weeks. There are some key questions he needs to answer.
A greener Budget for a fairer future
Reaction to the Budget from progressives.
Public split on economic strategy (but don’t want Osborne)
Today’s opinion polls contain mixed messages on the economy. But George Osborne is the third most popular candidate for Chancellor whoever asks the question.
Budget 2010: Keeping it sensible
Ahead of the Budget, all the main political parties should set out their plans on the economy and allow the electorate to choose between them on polling day.