Osborne peers over the edge of Britain’s fiscal trench
It could have been a lot worse for George Osborne in the autumn statement, as Britain faces losing its coveted triple-AAA credit status.
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George Osborne is threatening to break up banks if they fail to ring-fence risky investment banking activity away from their retail operations.
British Bankers’ Association chief executive Anthony Browne says George Osborne’s plans to “electrify the ring fence” in banks’ operations is a “sword of Damocles” hanging over banks’ heads.
Former US vice-president Al Gore tells Channel 4 News the UK is wrong to believe green policies conflict with business, and that he is worried about anti-green “influences” in the Conservative party.
With the UK facing the prospect of a triple-dip recession after the economy shrank at the end of 2012, Chancellor George Osborne tells Channel 4 News he is confronting the UK’s problems head-on.
It could have been a lot worse for George Osborne in the autumn statement, as Britain faces losing its coveted triple-AAA credit status.
George Osborne has said austerity is “a hard road but we’re getting there” but some could interpret his statement as an admission that we’re nowhere near the end.
Manchester’s rag trade is booming – yes, really. Here’s what it means for the economy – and five more things to watch out for in Osborne’s autumn statement.
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.
Watch live as George Osborne delivers his mini-budget for Britain.
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?
George Osborne orders Revenue & Customs officials to draft in an army of investigators to target tax avoiders and evaders, but after two years of cuts to HMRC the move has been met with criticism.
Bad news for George Osborne ahead of his autumn statement as it appears his plan to boost lending from high street banks to householders and businesses is foundering.
Chancellor George Osborne is expected to unveil a wealth tax on the rich and a revised welfare cuts package in a mini-budget he says is designed to hit both ends of the pay scale.
Could George Osborne’s victory over energy policy turn out to be Pyrrhic?