Treasury
Treasury refuses to confirm Clegg’s £10k tax threshold pledge
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.
Now the coalition wants to cut its meagre bank levy
So much remains in doubt on bonuses. But what we know for sure is that the Treasury’s entire bank levy revenue estimates between 2011-2014 were made when bonus payments were anticipated to be higher than they had been in 2008. And the idea that the banks should be offered another sop when they should be paying for the mess they created simply demonstrates where this conservative coalition’s priorities lie.
Treasury trying to shut down climate department and axe clean energy funds
The credibility of the coalition’s claim to be the ‘greenest government ever’ suffered a huge blow today following reports the Treasury is planning to axe DECC.