A night at the museum

George Osborne, the shadow chancellor, has just announced eight “clear and transparent benchmarks for Britain” in a speech made at the British Museum. Now I know it was this morning that he made the speech and not during the night, but I still feel that he has left us largely in the dark.   He stated that it was time … Continue reading

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TUC warns against cutting public spending

The prospect of a double-dip recession with unemployment reaching 4 million followed by social unrest on our streets, was the scenario put forward by Brendan Barber, general secretary of the Trades Union Congress (TUC).   Mr Barber put this view forward yesterday immediately prior to the TUC annual conference, as a response to the prospect of severe cuts in public … Continue reading

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Pull the other leg, Mr Chancellor

Yesterday saw the arrival of the Budget we had all been waiting for. How was Alistair Darling, the chancellor, going to deal with an economy which is in severe recession and contend with government finances which have been so severely overstretched?   There was a bit of tinkering here and there with slight increases in taxes on alcohol, tobacco and … Continue reading

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