Ben Brogan, reporting comments by Conservative MP and former George Osborne advisor Matthew Hancock, has argued that the Coalition’s fiscal policies have lowered interest rates; here we show he is wrong.
George Osborne’s decision to raise VAT to 20 per cent from January 2011 has been widely described as regressive, including by the new Head of the Office of Budget Responsibility Robert Chote. Mr Chote has also emphasised the extent to which raising VAT was not unavoidable, and was in fact a choice made by Mr Osborne.
None of these donations are illegal, but questions will be raised over why people with such vested interests are handing over huge sums of money, and in the having seen Conservative MEPs vote against a clamp down on tax dodgers and Mr Osborne’s fight to block European regulation of hedge funds, one must ask: cui bono?
On holiday in Tuscany. His decision to fly by EasyJet last week, eschewing even priority boarding, strikes notable tones of austerity. This is in sharp contrast to his time spent on a Russian oligarch’s yacht in the summer of 2008…
The bottom half of the income distribution will be hit more than the top half by the Coalition’s June Budget, new analysis by the Institute for Fiscal Studies has revealed.
George Osborne’s definition of “intergenerational fairness” has been questioned by leading economists. They say, “risk should be shared out across generations”.
George Osborne admitted today that his cuts would be 40% greater than Labour’s plans. But he was let off the hook by Evan Davies on his use of Budget numbers and “fairness” claims.
George Osborne’s ‘emergency budget’ was a huge gamble. The latest trade figures as well as consumer confidence and housing data show it’s unlikely to pay off.
George Osborne used his emergency Budget to cut public spending by an additional £32 billion by 2014-15. The growing list of cuts underway makes for painful reading.
Following the embarrassingly empty green paper published this week, titled “Financing a private sector recovery” without offering any ideas on how to finance it, Bank of England Governor Mervyn King has launched a blistering attack on Britain’s major banks.
