Faisal Islam
Spending cuts target child benefits, tax credits and social housing
Faisal Islam blogs on how the government’s spending cuts will hit child benefits, tax credits and social housing hard.
Search results for ‘Spending cuts’
1,253 items found
-
-
Social housing budget slashed by spending cuts
Channel 4 News has learned that the budget given to new social housing will be reduced by up to 80 per cent and child benefits for the over-16s will be cut. Economics Editor Faisal Islam reports.
-
George Osborne promises to see spending cuts through
The axeman cometh and the cuts are already being revealed: child benefit for over-16s cut, the building of new affordable housing virtually stops and new aircraft carriers will sail without any jets.
-
IMF backs Coalition on spending cuts
The International Monetary Fund (IMF) gives an official slap on the back to George Osborne and his “strong and credible” deficit reduction plan, saying the cuts were essential.
-
Spending cuts: axe falls on Nottinghamshire
Where will the axe fall in “austerity Britain”? Channel 4 News Midlands Correspondent Darshna Soni looks at Nottinghamshire County Council which is pushing through some of the toughest measures yet.
-
Faisal Islam
Spending cuts: at midday the axeman came
Sheffield Forgemasters boss Peter Birtles received a shock phone call from officials in the Department for Business just minutes before Chief Secretary to the Treasury Danny Alexander announced the cancellation of the £80m loan for the company, writes Faisal Islam.
-
Gary Gibbon
Spending cuts: what will Lib Dems tell their constituents?
Nick Clegg sees the first sizable bit of coalition pain on his own doorstep as a government loan to Sheffield Forgemasters is pulled.
-
Gary Gibbon
Revealed: the eye-watering spending cuts to come
According to the Institute for Fiscal Studies, we don’t know 87 per cent of the cuts Labour would have to make if they stuck to their election promises, 82 per cent of the Tory cuts that would come your way, 74 per cent of the cuts the Lib Dems would have to make.
-
Gary Gibbon
Brown, Darling, and public spending cuts
There will be more tomorrow from Alistair Darling on the government’s plans to outline cuts in public services, in the James Callaghan lecture in Cardiff. The Chancellor wanted to go further on balancing the books than No. 10 allowed him to at the Pre-Budget Report last autumn. Now he feels – after some lengthy conversations…
-
Faisal Islam
How about a royal commission on spending cuts?
So the cross-party crossfire on spending and deficits continues. It is remarkable that the actual underlying figures in this spat are totally unchanged from the figures we first reported on the day of the Budget itself. But there clearly is a problem to be solved, and the political process seems to be shedding more heat…
-
4m
New chancellor Jeremy Hunt warns of tax rises and cuts to public spending
On his first full day in office, the new Chancellor Jeremy Hunt has admitted that ‘mistakes were made’ in the Government’s economic strategy. as he warned of “difficult decisions” to come, including some tax rises and cuts in public spending.
-
4m
May: no cuts to UK aid spending
Theresa May has promised that she will stick with Britain’s commitment to spend 0.7 percent of national income on overseas aid, despite mounting pressure from some of her own MPs.
-
Exclusive: council spending revealed ahead of cuts
Councils spend millions on sick days, redundancy payouts, and incentives to get staff to come to work including fruit baskets and M&S vouchers, a Channel 4 News investigation discovers.
-
Faisal Islam
Spending review: a pot pourri of stealth cuts?
It is rather difficult to escape the notion that in an almost crazed desire to be seen as “fair”, the Coalition has made a bit of a dog’s dinner of the spending review.
-
Gary Gibbon
Spending review: IFS examines the ‘regressive’ cuts
The Institute for Fiscal Studies examines whether George Osborne’s spending cuts are progressive or regressive.
