Tag Archives: deficit

Debt has become a convenient cover for ideological cuts

We must be watchful of a spinning of facts by this government to justify its policies. Nowhere has this been more apparent than when Cameron and co talk about government borrowing.

Posted in Sustainable Economy | Also tagged , , , | 7 Responses

Birmingham’s widening “jaws of doom”

Birmingham’s Labour-run council is facing a £625 million deficit by 2016/2017. Budget cuts of up to 50% are planned. What public services will survive?

Posted in Public Services for All | Also tagged , , , , , , , , , | 4 Responses

IMF reassessment a massive boost for Ed Balls’s 5-point plan for growth

Last night’s IMF reassessment on the UK economy is a massive boost for Ed Balls’s 5-point plan for growth, writes Cormac Hollingsworth.

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OBR figures show a long term fiscal challenge that needs long term solutions

Projections released by the OBR today reveal the full scale of the long term fiscal challenge facing the UK

Posted in Sustainable Economy | Also tagged , | 13 Responses

Balls calls for “three more u-turns” – on a bankers’ bonus tax, 50p and the ‘granny tax’

As the Finance Bill reaches its final stages in the Commons today, Ed Balls has called on George Osborne to u-turn on bonuses, the 50p cut and the ‘granny tax’.

Posted in Sustainable Economy | Also tagged , , , , , , | 28 Responses

Krugman: Government deficits are a consequence of the crisis, not a cause

This country is relying too heavily on pre-crisis policy ideas that have since been disproved.

Posted in Sustainable Economy | Also tagged , | 13 Responses

IDS blames deficit on child poverty target

This morning on the Today Programme, work and pensions secretary Iain Duncan Smith blamed the deficit on “chasing” child poverty targets.

Posted in Social Justice | Also tagged , | 19 Responses

Now the EC warns Osborne: Deficit “projected to fall more slowly” due to weak growth

The European Commission today became the latest international body to issue a warning on the state of the UK economy, reports Shamik Das.

Posted in Sustainable Economy | Also tagged , , , , , | 19 Responses

Budget 2012: Can Ed and Ed restore Labour’s credibility?

For Labour, today, budget day, marks a challenge – namely to speed up the journey towards regaining credibility on the economy, writes Ed Jacobs.

Posted in Sustainable Economy | Also tagged , , , , , , , , | 15 Responses

Slowing tax receipts mean no end to the deficit is in sight

Cormac Hollingsworth looks at how the fall in tax receipts will harm attempts to pay off the deficit.

Posted in Sustainable Economy | Also tagged , , , , | 12 Responses
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