Blog posts tagged "George Osborne"

April 25, 2012 10:45 am 18 Comments

In the end, it wasn’t marginal. This morning GDP figures show Britain clearly back in recession, the dreaded double dip, with GDP in key one at -0.2 per cent.

March 24, 2012 3:38 pm 3 Comments

"What is clear though, is that the Office of Tax Simplification does not offer much of an alibi for the change announced on Wednesday."

March 21, 2012 9:05 pm 8 Comments

The fact remains that the decision on the 50p rate was made on the basis of one year's highly distorted data. In some ways it was set up to fail. Many economists will argue that it was always going to.

March 19, 2012 10:05 pm 5 Comments

Faisal's done the maths: George Osborne can't justify his claim that the 50p tax rate isn't generating money.

March 18, 2012 2:58 pm 11 Comments

Faisal Islam on how scrapping national pay bargaining might save lives, and why it will be rather difficult.

March 14, 2012 9:58 pm 12 Comments

A second ratings agency has effectively lowered their assessment of Britain's creditworthiness, just days before an important Budget.

February 14, 2012 9:55 am 7 Comments

The bigger picture here: why on earth are credit ratings elevated to this hallowed status? Moody's pulled off the spectacular intellectual feat of rating the Bank of England as a lesser credit than the European Financial Stability Facility. The answer is that it has been an important piece of marketing for George Osborne, to communicate a tangible benefit from unpopular austerity.

February 9, 2012 1:11 pm 26 Comments

It's not just savers who can no longer live off paltry savings income. The retirement annuity industry has been hit by a fall of 20-30% in the annual income that pensioners will be obliged to live off for the rest of their lives.

January 25, 2012 3:36 pm 7 Comments

The UK is probably in recession already, but the growth of the economy since the Oct 2010 spending review is just one tenth of government predictions at the time.

November 8, 2011 9:24 pm 7 Comments

So Berlusconi is off, possibly, but will it truly be the end of Bunganomics?