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Eurozone crisis ‘killing off’ UK recovery, says Osborne
Uncertainty about the future of the eurozone is killing off a UK economic recovery already threatened by high oil prices and Britain’s debt burden, says the Chancellor George Osborne.
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Paul Krugman – leading the charge against austerity
Paul Krugman’s new book challenges the consensus view of deficit cutting. Channel 4 News’s Neil Macdonald looks at the economist’s call for a return to the ideas of John Maynard Keynes.
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Government does U-turn on pasty tax
The Government is to announce U-turns on controversial Budget proposals dubbed the pasty tax and the caravan tax.
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Anti-cuts protest at Clegg’s London home
More than 100 people protesting against government austerity cuts descend on the London home of Deputy Prime Minister Nick Clegg.
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Northern Rock rescue could cost taxpayer £2bn
The rescue of Northern Rock could end up costing the taxpayer £2bn, according to a report by the spending watchdog.
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Bank failed over credit crunch says King
Sir Mervyn King has urged the Government not to delay reforming the financial sector and admitted more should have been done to avert the banking crisis.
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Extremist politics on the rise as Greek austerity bites
Extremist parties are on the rise in Greece as elections approach. Inigo Gilmore reports on the despair felt by ordinary families struggling to deal with economic austerity and political turmoil.
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Shareholders revolt over Barclays bonus packages
As some Barclays shareholders refuse to back pay packages for top executives, Business Secretary Vince Cable tells Channel 4 News he welcomes the move.
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Britain back in recession
Chancellor George Osborne tells Channel 4 News he does not ‘disguise or run away from’ the latest figures showing the UK is back in recession.
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Osborne defends £10bn loan to IMF
In an interview with Channel 4 News Chancellor George Osborne defends his decision to give an extra £10bn loan to the International Monetary Fund while preaching austerity measures at home.
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Britain’s working families at ‘tipping point’
Home-Start UK’s volunteers were meant to be a helping hand for families – now they feel more like firefighters. Channel 4 News meets some of the families struggling to cope in jobless Britain.
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‘State of fear’ pushes Spain to 24-hour strike
As Spain begins a general strike in protest at pro-business labour reforms, Spanish journalist Roman Orozco warns that austerity is turning the country from a welfare state into a state of fear.
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Budget 2012: Do small firms want a cut in 50p rate?
Ahead of George Osborne’s budget statement, Business Correspondent Sarah Smith takes a look at what the hotly-debated cut in the 50p tax rate will actually mean for small businesses.
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Budget 2012 – top tax rate cut to 45p
Chancellor George Osborne cuts the 50p rate of tax to 45p from April 2013 and announces changes to his plans to withdraw child benefit from all 40p taxpayers.
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Young people ditch car for train and coach discounts
As a record number of young people buy annual cards for cheap coach and train travel amid rising motoring costs and tuition fees, car insurers deny they are pricing students off the road.