Blog posts tagged "Budget 2010"

May 27, 2011 3:10 pm 20 Comments

"You could call this the Great Stagnation, you could call it the Disastrous Decoupling, you could call it Growth without Gain. What it definitely is, though, is deeply bad news for a massive swathe of Britain."

August 25, 2010 4:45 pm 13 Comments

Whichever way you skin it, this budget is regressive and will hurt the poorest more, Faisal Islam writes.

9:03 am 5 Comments

‘Clearly regressive’ are two words that will be sending shivers down the spines of the Coalition ministers. For the first time the Institute of Fiscal Studies (IFS) has completed a comprehensive analysis of who will pay for the Budget measures announced in June, known as a distributional analysis in the jargon.

August 10, 2010 3:22 pm 10 Comments

George Osborne may have underestimated his ability to impact personally on the consciousness of the British people. After his ‘Emergency’ Budget in June, it appears the UK ran for the hills, cowering in fear at the looming axe man, writes Channel 4 News Economics Editor Faisal Islam.

June 23, 2010 10:35 am 10 Comments

The coalition Treasury has a big macroeconomic strategy. Borrowing slashed so that economy-wide interest rates can stay lower for longer. It is how they have made the argument to middle England for the spending and tax pain announced yesterday. Unfortunate, then, that within hours of the ‘austerity budget’, the Bank of England’s monetary policy committee [...]

June 22, 2010 9:28 pm 10 Comments

The Chancellor has lanced the boil of the fiscal crisis. Britain’s AAA rating is safe But he has done more than necessary to meet his fiscal target, so the VAT rise was ‘avoidable’ George Osborne’s new fiscal mandate has curious echoes of Gordon Brown’s old one And the Budget overstates the progressivity / fairness of [...]

March 24, 2010 6:26 pm No Comments

What has happened to the giant pothole in the public finances? The answer is that some of it, more than expected, has been filled in, but not by Mr Darling, writes Faisal Islam.

March 23, 2010 9:46 pm No Comments

Ahead of the budget, we already have the start of a Dutch auction between the main parties on bank taxes that seeks to tap into enduring public anger for electoral purposes, writes Faisal Islam.

March 8, 2010 9:02 pm No Comments

At the moment both parties are conniving in exaggerating their differences like two weary boxers clinging on to each other in the closing stages of a long fight, writes Faisal Islam.