Conservative research shows there’s no debt crisis

David Cameron mentioned the phrase “debt crisis” eight times in his speech yesterday. On Sunday, speaking on the Andrew Marr show, George Osborne said, “the difference between Britain and countries like France and Germany is that we have an absolutely enormous budget deficit.” But research used by the Conservative Party show that Britain’s debt position is far from in crisis despite their claims.

Tory referendum plans could create funding black holes

The Conservative Party policy to allow the public to call referendums on local issues where 5 per cent of the population sign a petition in support could create unintended consequences such as the suppression of minority rights and for councils to be burdened with unmanageable financial commitments says a new NLGN report.

Ireland’s budget balancing hurts economy

Last Autumn, at the height of the financial crisis, the Labour Government launched a fiscal stimulus despite falling tax revenues. The Irish responded in the opposite manner by cutting back spending and raising taxes.