Treasury twins convert to contingent Keynesianism
“We’ve got a big job to do in getting this economy back on its feet,” — Osborne.
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In his fourth budget, Chancellor George Osborne says growth will be lower than previously forecast, but Britain will avoid a triple-dip recession.
Ahead of Chancellor George Osborne’s 2013 budget, here are five key things to look out for – from the changes which could hit your pocket to the numbers behind Britain’s zombie economy.
A tax loophole which allows firms to dodge around £100m a year in National Insurance will close in the Budget, it is announced.
George Osborne’s autumn statement contained more than a whiff of a long and chilly winter for millions of welfare claimants. But for millionaires’ row, it was an Indian summer. So who dodged a bullet?
In a gloomy autumn statement, Chancellor George Osborne is set to warn there are no “miracle cures” for Britain as he looks for £5bn more cuts and signals austerity is here to stay.
George Osborne unveils a real-terms cut in working age benefits in his autumn statement in a bid to boost the UK’s struggling economy.
The economic future is bleak, but the chancellor wants to stick to his deficit reduction plan – so something has to give. Is he planning a VAT hike to 22.5 per cent? A stamp duty rise on luxury homes?
As David Cameron goes into battle in Brussels over the European Union budget, we ask: What would the UK be like outside the EU? Would it be better or worse off? #exiteurope
The bottom line is that Bank of England figures for growth rates in lending to small firms have been in a downward spiral since 2009 and are showing no signs of improvement.
Facing backbench sniping over airport expansion and now a legal challenge to a decision on a railway franchise: Channel 4 News asks why transport policy is proving such a rocky road for the coalition.
Hard-hit rail commuters face a greater-than-expected 6.2 per cent hike in average fares in the new year after official figures revealed a shock rise in the inflation rate.
Unions, transport campaigners and rail passenger groups launch a day of action to protest at “massive” fare increases and cuts to jobs and services.
“We’ve got a big job to do in getting this economy back on its feet,” — Osborne.
If Sir Mervyn King can arrange for Bob Diamond’s demise at Barclays, even though he was cleared of personal wrongdoing over Libor, why not exercise a little more coercive power over banks lending money into the real economy?
David Cameron catches up on Jimmy Carr’s tax scandal and tells Gary Gibbon it’s “morally wrong”.