Spending ministers looking like ‘national union of mice’
Ministers whose departments have yet to agree their 2015-6 budgets are offering little resistance as the pressure mounts for them to suggest possible, and painful, cuts.
The London Games delivered a £9.9bn trade and investment boost, according to the government – but some small businesses say there was little benefit to the country outside the capital.
Business Secretary Vince Cable announces the privatisation of the Royal Mail, with employees handed millions of pounds in free shares.
Ministers whose departments have yet to agree their 2015-6 budgets are offering little resistance as the pressure mounts for them to suggest possible, and painful, cuts.
Buy now while stocks last: everything must go. Going “down the shops” is fast becoming a thing of the past, as a new report warns that one in five high street stores could close by 2018.
The chancellor’s plans to boost the housing market are “well down the list of Britain’s economic to-do list, and arguably well up the not-to-do list”.
The phrase coined by Margaret Thatcher: “There is no alternative”- or Tina for short – has been revived by David Cameron when talking about deficit reduction. But Lib Dem Vince Cable argues otherwise.
Chancellor George Osborne insists he will not change course despite Moody’s downgrading of Britain’s prized AAA credit rating, which caused the pound to fall to a 31-month low against the dollar.
Business Secretary Vince Cable denies that the Chancellor was playing politics when he over-estimated the amount likely to be raised in the auction of the 4G phone spectrum. Interview in full.
Royal Bank of Scotland is fined almost £400m for its role in the Libor rate-fixing scandal, the third bank forced to pay a penalty by regulators in Britain and the US.
The number of apprenticeships continues to soar – but what’s the real story behind the headline? FactCheck investigates.
The MoD budget is not guaranteed protection in the 2015-16 spending round after all – the perils of letting the prime minister conduct his own briefings perhaps?
Vince Cable expresses his concerns over David Cameron’s upcoming Europe speech: calling the debate over Britain’s membership of the EU a “massive disruption and deeply unhelpful”.
Think of Somalia as a child ruled by irresponsible parents, with the UN as its social services. Jamal Osman asks if the strife-torn country can convince investors it is now ready to look after itself.
With Business Secretary Vince Cable telling his party that another hung parliament is likely at the next election, Channel 4 News asks a YouGov pollster if he is right.
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.