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A foretaste of budgets to come
Alistair Darling prepares to deliver the budget, but we learn little very new more about the grim times ahead today.
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Alistair Darling claimed government departments will make £11bn of efficiences which will go towards reducing borrowing in his 2010 Budget statement. FactCheck puts it to the test.
Key claims in Alistair Darling’s 2010 budget – FactChecked.
Alistair Darling prepares to deliver the budget, but we learn little very new more about the grim times ahead today.
Alistair Darling gave the impression that the party of the NHS was to continue the bountiful spending settlements that have seen the health service budget triple since 1997, but capital spending is set for a 21.9% real-terms cut.
Alistair Darling’s pre-budget-report: there are some remarkable facts in the maths, blogs economics correspondent Faisal Islam for Channel 4 News.
The pre-budget report task Alistair Darling seemed to have devised for himself was to look like he “gets it” on the deficit while preserving dividing lines between Labour and the Conservatives.
This week, the Chancellor of the Exchequer, Sajid Javid resigned.
Looking back through the Commons archive on Heathrow expansion is a bracing experience. Alistair Darling at the Transport Department in 2003 warns that future generations won’t forgive governments “10 or 20 years from now” if they haven’t acted on airport expansion. Ministers like Philip Hammond complain about the damage to local communities if Heathrow is expanded. On and on it goes. Today was…
Philip Hammond’s U-turn on National Insurance contributions for the self-employed is not just politically humbling for Number 11 but, critics charge, deeply worrying for the future of the public purse.
This morning at a train repair depot in Ashford George Osborne and Alistair Darling combined for an emergency press conference to promote their joint emergency Brexit Budget. As the Chancellor tried to wrestle the agenda back on to fears about the economic impact of Brexit, Vote Leave’s Matthew Elliott accused Osborne of having a “teenage temper tantrum”…
Redcar could be – yet again – the canary in the coalmine for a global problem. For what 2008-9 told us is: every time there’s a major credit event, the steelworks on Teesside shuts.
The government has sold a 5.2 per cent stake in RBS for 330p a share – £2.1bn. But was it a billion pound loss or an astute financial decision in an uncertain market?
The Treasury says it’s secured a deal that stops the European Commission exposing the UK to potential future costs if Greece defaults on a new bridging loan.
Ministers say the taxpayer will end up making a profit after bailing out the banks to the tune of £100bn. But are they telling us the whole story?
Unless the polls are criminally inaccurate, a majority government is impossible. So the choice facing people as they put their crosses on the ballot paper is like a proxy vote.