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IFS analysis of spending review highlights tax shortfall
The next government is going to have to raise at least $6bn more in tax, according to the Institute for Fiscal StudiesBritain's public services face the most severe spending cuts in 60 years and will...
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New Bank of England governor readies institution for 'significant change'
Advert for deputy governor's job due in coming days, but Mark Carney has already brought in new faces, roles and rules to 319-year-old BankThe job of deputy governor of the Bank of England is to be...
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Danny Alexander: capital catch-up | Editorial
Alexander's promise of £100bn worth of spending contained many good things – but wasn't as imposing as he pretendedWhen one politician says something is momentous and their opponent says it is all...
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Austerity: 'unprecedented erosion' in living standards
Benefit cuts and curbs are exacerbating the gulf between living costs and incomes says study• Get the dataIf you thought you were feeling the pinch, here's probably why. Rising prices, stagnant wages...
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Bank of England: new man for the Old Lady | Editorial
Mr Carney will have to signal answers to two pressing problems by autumn: what to do about the banks, and what to do to kindle some growth"Our ambition at the Bank of England is to be boring." What a...
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Labour must not surrender its economic principles over Osborne's cuts
It is not 1940s austerity under a Labour government that Ed Miliband should be invoking but 1950s recovery'David Cameron genuinely tried to detoxify the Conservative party in the belief that his right...
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Chris Riddell on the chancellor's austerity spending reviewChris Riddell
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Austerity: the elderly can be part of the solution to this economic mess |...
One way is working out how to recycle the massive amount of equity in housesWill Hutton is rightly appalled by the stupidity of George Osborne and the coalition's economic policies, which even Vince...
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The Trouble With Billionaires by Linda McQuaig and Neil Brooks– review
An entertaining account of the problems caused by inequality of wealth leaves some important questions unanswered"Casse-toi riche con!" (Get lost, rich jerk). So declared the front-page headline in the...
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Mark Carney takes tube to office on first day as Bank of England governor
Former Goldman Sachs executive arrives at Threadneedle Street shortly before 7am, ahead of most photographersMark Carney started his first day as governor of the Bank of England with an old London...
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A boost to wages is the route out of the UK's economic crisis | Stewart...
Without greater income equality in Britain, through a shift from profits to wages, the economy will continue to falterBritain has now been locked in economic crisis for five years. Meanwhile, while...
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Royal Mail union rejects 8.6% pay rise
Communication Workers Union dismisses offer as misleading, unacceptable and 'only a sweetener' before privatisation plansRoyal Mail's union has rejected a 8.6% pay rise as a "misleading and...
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In praise of ... travelling by tube | Editorial
The new Bank of England governor showed a populist touch by wedging himself among communters for his first day in Threadneedle StreetCycling is healthier. Walking more fascinating. Buses more scenic....
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Bank of England's Mark Carney greeted by signs of recovery
New governor is expected to maintain rates as report shows evidence of economic growth, increased exports and confidenceMark Carney enters his first rate-setting meeting as Bank of England governor...
View ArticleForget middle-class welfare. Australia's tax concession are upper-class...
Matt Cowgill: If the government was to issue $1,000 cheques to everyone named Matt, an outcry would follow. And yet, not much is said about tax concessions privileging the richMatt Cowgill
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Escape velocity: the hot new macro-economic buzzword
Mark Carney, the new Bank of England boss, has used the term to explain sustainable growth. But what does it really mean?Age: Timeless.Appearance: Blurry.Wait, didn't these guys play the Glade at...
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Bank of England presses for immediate curbs on bank risk
Deputy governor Paul Tucker tells lawmakers lending rules should be implemented now and says lobbying is unacceptableBank of England policymakers have said they would press ahead quickly with a new...
View ArticleAustralia's economic success should not be obscured by leadership politics |...
Jim Chalmers: How can a country that's grown for 21 consecutive years be so pessimistic? Poisonous, hyper-partisan politics have concealed Australia's economic achievementsJim Chalmers
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Royal Mail sell-off details to be announced
Business secretary Vince Cable is expected to make statement this week kickstarting sale of postal serviceThe government will this week formally announce its plan to sell off Royal Mail in the most...
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Why Lloyds bid talk needs to continue
Speculation over possible bids for banking group's taxpayer stakes from sovereign wealth funds boosted sharesThere is nothing like a burst of bid talk to get a share price rising. And that is the case...
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