Why the Tories really could put up VAT – and why it matters
VAT is a regressive tax because the poorest end up paying more. And the Tories won’t rule out an increase
VAT is a regressive tax because the poorest end up paying more. And the Tories won’t rule out an increase
Two thirds of the public want plans for regional pay axed. The issue will be debated at the Lib Dem conference and will play a role at the Labour conference.
It has been an unfortunate week for Alex Salmond, who was reprimanded by both the Scottish Labour Party and the Treasury in the space of 24 hours.
Nick Clegg says there will be a “massive” increase in housing and infrastructure investment – yet the Treasury refuses to say where the money is coming from.
Today’s growth and borrowing forecasts are likely to be grim – they are just as likely to be over optimistic.
Alex Hern questions why the Treasury secretaries are denying claims on borrowing that their own department put out.
The IMF downgrades to UK growth today is awful news for those who are hoping to cut the deficit, explains Left Foot Forward’s Cormac Hollingsworth.
The new report from the IFS – the Mirrlees Review – shows that the 50p tax rate may lose the Treasury money.
The Scottish finance secretary is expected to criticise the UK government’s public service pension reforms and outline the SNP’s reform plans, reports Ed Jacobs.
The Treasury today refused to confirm Nick Clegg’s announcement in yesterday’s Sun – that he would raise the tax threshold to £10,000 – as government policy.