Gary Gibbon
Ed Miliband tells Nick Clegg to ‘lie low’ on AV
Ed Miliband has some advice for Nick Clegg on the alternative vote referendum, as Gary Gibbon writes.
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George Osborne’s Big Day
It’s the business end of the political season for Chancellor George Osborne and his delivery of the Budget had echoes of Britain’s top football manager, says Peter McHugh.
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CD tax loophole rising to more than £150m a year
Figures seen by Channel 4 News reveal the rapidly-growing cash lost to the Exchequer through the import of VAT-exempt goods such as CDs from other offshore centres, writes Business Producer Ben King.
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Gary Gibbon
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Remote islands could see fuel duty cut
Island communities such as the Scilly Isles and Shetlands could pay five pence less a litre in fuel duty pending EU approval.
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Pressure on mortgages as inflation rises
As inflation rises to 4 per cent, Economics Editor Faisal Islam says an interest rate increase is likely in the next four or five months.
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Faisal Islam
Clegg’s alarm clock appeal contained an uncosted £11bn tax cut
Our Economics Editor looks at Nick Clegg’s reassurances to “alarm clock Britain” – and questions whether the promise of £700-a-year tax cuts by the end of the Parliament is as reliable as the Deputy Prime Minister makes out.
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Heseltine warns of looming ‘inflation problem’
Britain is facing an “inflation problem”, the Conservative grandee Lord Heseltine has told Channel 4 News, hinting that the Bank of England should sort it out by raising interest rates.
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LIVE BLOG: Cameron sets out plan for economic growth
David Cameron uses a speech in Manchester to outline his plans for economic growth. The PM was joined by former Tory heavyweight Lord Heseltine to explain the regional growth fund.
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So is VAT regressive? The debate continues…
The claim “If you look at the effect (of VAT) as compared with people’s income then, yes, it is regressive” Prime Minister David Cameron, PM Direct, 5th January, 2011 Cathy Newman checks it out It would appear the Prime Minister spent last night reading FactCheck – which yesterday looked into his Chancellor’s claim that VAT…
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FactCheck: Is a VAT hike better than a rise in NI or Income Tax?
“If you look at the population and how much they spend, then VAT is progressive…Income tax and National Insurance would have a more damaging impact on poorer people in our society and it’s worth remembering that in the Budget I took substantial means to reduce the NI burden” Chancellor George Osborne MP, BBC Radio 4’s Today programme January 4, 2011
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Osborne defends VAT hike
The Chancellor, George Osborne, defends the rise in VAT which came into effect today, saying that the government had no hidden plans to introduce further tax increases.
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Gary Gibbon
June budget: now we know how bad pain ahead will be
VAT, benefits, public spending… Channel 4 News’s Gary Gibbon dissects George Osborne’s first budget.
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Gary Gibbon
Billions of reasons for raising VAT on budget day
There are “billions of reasons” to raise VAT in Tuesday’s budget, blogs Channel 4 News Political Editor Gary Gibbon. But will it invovle extending VAT’s scope or putting up the main rate?
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Can Brown take credit for the economic recovery?
Gordon Brown claims his fiscal stimulus schemes are at the heart of the recovery.
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Lib Dems claim £13.5bn hole in Tory plans
Liberal Democrats join in on the row over Tory tax plans? They claim there’s a £13.5bn black hole – FactCheck takes a closer look.
