Senior Tories slam government's Green Investment Bank sell-off
‘Green Tories’ express dismay at plans to put one of the Conservative party’s few key environmental acheivements up for part-privatisationSenior “green Tories” – Conservative supporters who want the...
View ArticleDebenhams boss says austerity plan is denting high street confidence
Michael Sharp says customers are cautious about spending despite seemingly buoyant economyThe boss of Debenhams has warned that the government’s plans for a further round of deep spending cuts are...
View ArticleThe economic case against austerity in the UK is overwhelming. So where’s the...
In his article, Matthew d’Ancona (Osborne’s coup: converting Labour to fiscal conservatism, 22 June) accepts the conventional wisdom that Labour’s prodigal spending after 1997 made worse the global...
View ArticleGeorge Osborne’s go-getters aren’t getting much at all | Owen Jones
The chancellor talks up the self-employed, but their lives are precarious. The left must wake up to their plightIf booming levels of self-employment are an indicator of a thriving economy, then Greece...
View ArticleFormer IMF economists give damning assessment of Puerto Rico economy
Unverified report tells Caribbean nation it ‘faces hard times’ and ‘a crisis looms’ and it must restructure debts to bridge coming financing gapsThe struggling Caribbean island Puerto Rico needs to...
View ArticleIt’s not ‘Tory lite’ to recognise that Labour’s problem is economic...
Of course the last Labour government did not cause the global financial crisis. But we did make errors, and until we admit that, the electorate will not listen to usLast month the British people went...
View ArticleBritish households still £500 a year worse off than before financial crisis
ONS says median disposable income remains lower than in 2008, with poorest fifth paying disproportionately more of their income in taxes than richest fifth British households are still £500 a year...
View ArticleMove Parliament to Wigan! (And seven other way to share out London’s power)
If reports are true that Channel 4 might relocate to Birmingham, should it mark the start of a cultural and economic exodus from the capital? And how might the British Museum look in Liverpool?Does...
View ArticleLabour will be out of power for a decade if it fails to change, Liz Kendall says
In remarks clearly aimed at leadership rivals Yvette Cooper and Andy Burnham, centrist candidate urges party to recognise centrality of fiscal responsibilityLabour will be out of power for another 10...
View ArticleLabour ends call for 50p tax rate but warns chancellor against any further cut
Shadow chancellor Chris Leslie says of flagship Miliband policy to reintroduce the 50p top rate of tax: ‘That issue has gone’Labour is drawing a line under its calls for a return to the 50p top rate of...
View ArticleLabour demands equal wage checks to reduce gender pay gap
Commons debate to tackle the issue of pay inequality in the UK where women earn 81p for every pound earned by menBritain’s biggest companies should be subject to an annual audit by the equalities...
View ArticleGreece poses risk to UK financial system, says Bank of England
Bank vows to protect Britain from escalation of eurozone crisis and says it has been working on contingency plans with Treasury among othersThe precarious position of Greece could pose a risk to the...
View ArticleFirms paying poor wages are the real benefit cheats
We pay billions in tax credits to subsidise the low pay of people working at many of our biggest retail chains. Why don’t they raise wages?Are you going shopping this weekend? If you are trying on...
View ArticleGeorge Osborne stars in his own version of The Shining
Chris Riddell previews the chancellor’s forthcoming budgetContinue reading...
View ArticleGreek turmoil crisis George Osborne justification for austerity budget
Holding up the threat of financial meltdown is a gift for chancellor whose budget on Wednesday will contain significant spending cutsIt is almost 20 years since Ken Clarke delivered the last purely...
View ArticleBarnaby Joyce obeyed Tony Abbott's Q&A ban 'out of deference'
Joyce says he would have liked to have been told sooner about the prime minister’s order that frontbenchers not appear – which could last several monthsBarnaby Joyce says he obeyed Tony Abbott’s order...
View ArticleHas the right learned to love higher wages? Don’t fall for it | Polly Toynbee
A living wage will be of little help to the working poor if George Osborne cuts tax credits at the same timeThis is what blue revolution looks like. Wednedsay’s budget liberates George Osborne and...
View ArticleScience fuels economic gains: don't let the UK fall behind
On the eve of the summer budget, a new campaign seeks to remind the government that science has a huge role to play in boosting the UK economy “I believe that science is the engine of prosperity,”...
View ArticleBudget 2015: 25 key points at a glance
George Osborne has unveiled his latest budget: here are the key pointsRevised down for 2015 to 2.4% from 2.5%. Forecast to grow 2.3% next year – the same as the last budget – and then grow the year...
View ArticleFist-pumping Iain Duncan Smith enjoys George Osborne's living wage
The announcement of a compulsory minimum wage of £7.20 an hour got the work and pensions secretary worked up during the budget speech Iain Duncan Smith displayed an enthusiastic reaction to news of the...
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