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David Cameron tells the Conservative conference: there is no alternative to big spending cuts and it takes two to cut the deficit.
Jon Snow
A financier whom I know calls me over the weekend about the Irish financial crisis. “Jon”, he says, “I trust you know that 80 per cent of the Irish banking crisis was caused by a handful of property developers taking massive punts on the housing and construction market?”
Chancellor George Osborne announces the coalition is to scrap child benefit for higher rate taxpayers from 2013. Our Political Editor Gary Gibbon says other universal benefits will be looked at too.
As Irish taxpayers brace themselves for another bank bailout, our Economics Editor Faisal Islam says the prospects should be better in Britain.
Faisal Islam blogs about the shrinking Irish economy, and the warning signals it’s sending the Treasury.
The economic euphoria of the ‘go go years’ quickly turned to bust as the credit crisis rocked banks and entire continents. But what lessons have been learned by global finance?
Nick Clegg’s message to activists was simple: that he now leads a grown up party of government. So now he’s come of age, was he responsible enough to get his facts right?
The country’s top tax official is forced to apologise to people facing unexpected tax bills. Experts tell Channel 4 News why tax letters “should not be ignored”.
Britain’s trade deficit hit an all time high in July, undermining hopes that the country will switch from consumer spending growth and move towards exports, writes Economics Producer Neil Macdonald.
As millions receive letters from Her Majesty’s Revenue and Customs (HMRC) saying they have paid the wrong amount of tax, experts tell Channel 4 News why the error occurred and how it can be fixed.
Nearly six million people will be told in the coming months that they have been taxed incorrectly, with around 1.4 million expected to face demands to pay back money.
At the top of Lloyds Towers the superlatives were being spread about liberally. Chairman Win Bischoff said that he was “immensely proud for having achieved profit”. Chief executive Eric Daniels was “delighted” that the government now has “optionality” on when to sell its 42 per cent stake, now that the share price was up above its 63p purchase price.
Gary Gibbon
Gary Gibbon blogs on how the coalition government is giving serious thought to introducing a graduate tax, rather than a big rise in tuition fees.
Jon Snow
The Celtic Tiger of Ireland’s boom years is worse than on its knees. Is this a lesson for the UK?
George Osborne’s emergency budget kick-started the government’s plans to cut the deficit. Was he VATman, public spending slasher, or responsible chancellor, asked political editor Gary Gibbon.