economics

Osborne wants it both ways on cuts and GDP

George Osborne tonight attempts to second guess how his opponents will attack him. But his musings reveal far more about the inconsistencies in his own approach than even the sharpist reposte from the new shadow chancellor c0uld manage.

Will Straw ·

Coalition gives up on tackling bankers’ bonuses as 2010 total set to hit £7bn

It’s hardly a surprise, but the coalition has decided that it has done as much as it intends to tackle excessive bankers’ bonuses, even at a time when small businesses continue to suffer as banks refuse to lend. Most banks will not pay out their bonuses for 2010 until February 2011 but the Treasury minister Lord Sassoon’s declaration in the House of Lords this week indicates the government is satisfied that its ‘work’ on City bonuses is complete.

Ben Fox ·

Cable-nomics: a reader

Business lobby groups and the right-wing press are angry with Vince Cable for his remarks on capitalism. But Cable is right and vested interests should be scared.

Will Straw ·
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