Alexis Tsipras has his homework thrown back at him by IMF
The IMF like their emergency economic plans from debtor countries pretty heavy on the spending cuts, light on the tax rises. The Tsipras plan was the very opposite.
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Schools say they’re facing a struggle to pay for basic items like paper and glue due to spending cuts.
Jeremy Hunt painted a gloomy picture of recession and falling living standards as he announced a £55 billion combination of tax rises and spending cuts to stabilise the public finances.
With tax hikes and spending cuts likely to be announced by the Chancellor, there are signs of growing unease among some Tory MPs.
It’s exactly 40 years since the very first edition of Channel 4 News. Our top stories? Rather familiar: spending cuts, strikes, and British involvement in an overseas war.
We spoke to Business Minister Lord Callanan – and began by asking him to clarify – after the mixed messages from the government today – whether there would be spending cuts or not.
The IMF like their emergency economic plans from debtor countries pretty heavy on the spending cuts, light on the tax rises. The Tsipras plan was the very opposite.
Theresa May issues a warning to the Police Federation – after the organisation claimed that spending cuts could make bobbies on the beat a thing of the past.
A new crystal-gazing IFS report concludes that an independent Scotland would need to raise £6bn each year starting in the 2020s – either through extra tax, spending cuts or a combination of the two.
The Defence Secretary says critics who claim he is making “overzealous” spending cuts have no idea how the Ministry of Defence budget works.
Spending cuts and fragile consumer confidence are dragging down the economy, a leading thinktank has warned – predicting that Britain’s economic growth will be even slower than expected.
As the coalition government wrestles with an £83bn round of spending cuts to get the UK economy back on track, Channel 4 News looks at cuts to benefits coming into force this year.
The US economy appears to have retreated from the threat of recession after congress voted in favour of a fiscal cliff package which will raise taxes for the wealthy and delay spending cuts.
The US Senate approves legislation to avert the fiscal cliff – a combination of tax hikes and spending cuts – that was due to begin in the new year.
The US president says that a deal on the “fiscal cliff” is within sight but it was not complete yet, in a bid to prevent America veering towards extensive tax rises and a host of spending cuts.
US Congressional leaders are scrambling to clinch a last-minute deal to avoid falling off the fiscal cliff and save America’s economy from crippling tax rises and spending cuts.