Osborne faces reckoning as fiscal rules come back to haunt him
Amid sluggish growth and fears over Britain's AAA credit rating, the chancellor has difficult questions to answer – over his own pledges on the deficitWhen Gordon Brown was in No 11 Downing Street,...
View ArticleGrowth is weak, money is tight: can George Osborne square the circle?
The chancellor has lost his reputation as a strategist, but much more is at stake in the autumn statement as he tries to convince voters and the markets he can turn the economy aroundWhen George...
View ArticleBritain's immigration cap isn't good for business | Karan Bilimoria
Our rigid immigration laws prevent some sectors of the marketplace from recruiting staff with the required skillsThe Britain I came to as a 19-year-old student from India in the early 1980s was a very...
View ArticleGeorge Osborne set to drop plan to end housing benefit for under-25s
Lib Dems revolt against David Cameron's 'unjust' move in runup to chancellor's autumn statementDavid Cameron's plans to end housing benefit for under-25s look set to be omitted from George Osborne's...
View ArticleA third of families ration fuel as soaring power prices force 'heat or eat'...
New research reveals 10% of people have already defaulted on energy billsSoaring fuel bills are leading to acute power rationing among many families as one in four say they are skipping meals to meet...
View ArticleAutumn statement: rich will bear fair share in cutting deficit, says Osborne
Chancellor says wealthy will have to make larger contribution and admits cutting deficit is taking longer than plannedGeorge Osborne has paved the way for a fresh raid on pensions in this week's autumn...
View ArticleWhy more jobs may be bad news for British workers
Promising job creation figures look like a symptom of the low wages and falling investment of an imbalanced economyRecessions are usually job killers, so the way in which the UK economy has created new...
View ArticleAutumn statement: George Osborne will stick to deficit-reduction programme –...
Speaking to BBC1's Andrew Marr on Sunday, the chancellor, George Osborne, says he will stick with his deficit-reduction programme when he presents the autumn statement on Wednesday
View ArticleLib Dems urge Nick Clegg to stand up to Tories over spending plans
Lord Oakeshott says leader must show more independence if autumn statement is not bold enough on economic growthSupporters of Vince Cable, the business secretary, have urged Nick Clegg to show greater...
View ArticleOsborne's autumn statement means a bad year for him is about to get worse
The economy is still flatlining, GDP is below where it was in 2008 and the chancellor has had to water down his austerity plansBooed at the Olympics. Author of the worst received budget in memory. In...
View ArticleOsborne prepares for climbdown on failure of fiscal goals
Chancellor must admit he cannot meet second target of reducing debt as proportion of national income by end of parliamentGeorge Osborne has prepared the ground for a damaging admission in Wednesday's...
View ArticleBen Jennings on the chancellor's autumn statement
George Osborne prepares to admit that lower than expected growth means he will miss his second fiscal targetBen Jennings
View ArticleWhat would you like to see in the chancellor's autumn statement? | Debate of...
Debate of the day: George Osborne delivers his 'mini-budget' on Wednesday. Tell us what economic measures you think he should be announcingGeorge Osborne has a tough week coming up. Ahead of this...
View ArticlePublic expenditure crisis: no cash for decrepit schools, jails – or NHS
As pensions soak up ever larger sums, other areas of the budget face harsh cuts. Our specialist correspondents analyse the impact on some specific areasThe Guardian has trawled government data on...
View ArticleBCC urges focus on growth as it cuts forecasts for next two years
British Chambers of Commerce calls on George Osborne to help small business as it trims GDP forecasts for 2013 and 2014The body that represents the UK's army of small businesses has demanded a...
View ArticleGas strategy could provide up to 30 new power stations
Tax incentives and a new body to encourage shale gas development to be unveiledUp to 30 gas-fired power stations will have to be built across the country, ensuring that more gas will be produced in...
View ArticleUK merger and acquisition activity falls as corporations take caution
Value of domestic deals involving UK companies halves to £500m from second to third quarter, the lowest level for 20 yearsDomestic merger and acquisition activity involving UK companies fell to its...
View ArticleAutumn statement: George Osborne to announce cuts to fund £5bn spending
Departments have been asked to find £1bn more in cuts next year, rising to £2.5bn, to invest in schools, transport and scienceGeorge Osborne will announce on Wednesday that he is forcing a fresh...
View ArticleGeorge Osborne is panning for gold in potholes on the wrong road
The chancellor wants to build his way out of the economic gutter. But his £5bn infrastructure boost will have little impactWhen George Osborne announces his £5bn infrastructure package, he will sell it...
View ArticleAutumn statement: growth and NHS figures jolt George Osborne
Gloomy deficit and growth forecasts as health secretary Jeremy Hunt rebuked over spending claimsGeorge Osborne is facing politically damaging charges that he is reducing NHS spending in England and...
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