Hutton’s pensions failure condemns millions to poverty in retirement
By ignoring the issue of affordability to workers Lord Hutton’s recommendations are fatally flawed, writes Naomi Cooke, the GMB’s National Pensions Officer.
George Osborne
Balls: “Osborne’s got two weeks to come up with a plan B”
Ed Balls has warned that George Osborne may be “making the same mistakes” as Thatcher “all over again”, and that he’s got just two weeks “to come up with a plan B for the Budget”.
Small companies pay most corporation tax as Britain fuels new race to the bottom
New research from Oxford University shows the 30-year race to the bottom on corporation tax. Large companies get away with paying less tax than small companies.
UK economy’s fourth quarter contraction confirmed
George Osborne has shown a great deal of determination in his efforts to tackle the fiscal deficit; it is now time for him to show the same determination in promoting output and employment growth.
Buoyant tax revenues give Osborne room to manoeuvre
The UK’s public finances were in much better shape in January than expected. There was a current budget surplus of £8.5bn and public sector net borrowing was -£3.7bn.
Britain’s economy falls further behind G7
Britain is being left behind. With growth projections down, unemployment up, and consumer confidence down, the UK economy contrasts sharply with news around the world.
Osborne’s bank levy: The desperate action of a desperate chancellor
George Osborne thought his failure to secure any agreement on bank bonuses and lending plus his cynical ruse to give banks a massive corporation tax cut had been missed.
Balls and Osborne clash in first Commons duel
Ed Balls and George Osborne went head-to-head across the despatch box at Treasury Questions for the first time today, reports Shamik Das.
Miliband: “Tories were encouraging us to deregulate further”
Ed Miliband and Ed Balls have accused the Conservative party of trying to drive the last government further away from regulating the activity of the City of London.
Osborne’s u-turns on regulation and bonuses enough to make your head spin
On bankers’ bonuses alone, George Osborne’s constant changes of direction since becoming shadow chancellor in 2005 would be enough to make anyone’s head spin.