UK Deficit

Why Do We Keep Letting Politicians Fudge the Numbers So Badly?

Justin Cash | Posted 28.03.2013 | UK Politics
Justin Cash

In times of crisis, the need for clear information is more important than ever. Crunching the numbers in a transparent way is one of the best methods of public policy formation available to us, and data concerning jobs and growth has informed many reasonable economic arguments in recent years.

'We Will Not Change Course'

The Huffington Post UK | Jessica Elgot | Posted 27.01.2013 | UK

Liberal Democrat leader Nick Clegg has vowed the coalition "will not change course" on their handling of the British economy, despite Friday's GDP fig...

Clegg Appears To Say Ministers Cut Capital Spending Too Deeply

PA | Posted 31.01.2013 | UK Politics

Deputy Prime Minister Nick Clegg appeared to admit that the coalition cut capital spending too deeply when it took power. Speaking ahead of the rel...

Ned Simons

David Cameron Accused Of Misleading Claim That UK's Debt Is Falling

HuffingtonPost.com | Ned Simons | Posted 28.01.2013 | UK Politics

David Cameron has been accused of misleading voters after claiming the government was “paying down Britain’s debt”. During a Conservative Par...

Mehdi's Morning Memo: Barack Obama Vs Nigel Farage

Huffington Post | Mehdi Hasan | Posted 30.01.2013 | UK Politics

The ten things you need to know on Thursday 10th January 2013... 1) BARACK OBAMA VS NIGEL FARAGE Yesterday, it was Richard Branson and a bunch...

A Good Autumn Statement, but the Economic Future Still Hangs in the Balance

Graeme Leach | Posted 05.02.2013 | UK Politics
Graeme Leach

Osborne can give himself a pat on the back - the Autumn Statement was a tricky job, well done. Of course, that doesn't let the Chancellor entirely off the hook. There are still threats to his prospects of eventual success.

The Pennies Are Dropping as the UK's Deficit Falls

Damian Collins | Posted 04.02.2013 | UK Politics
Damian Collins

To govern is to choose and in his autumn statement today setting our the governments tax and spending priorities, it's clear that George Osborne has not only fixed his economic strategy, but set in train the Conservative Party's approach to the 2015 general election.

George Osborne Accused Of 'Cutting The NHS, Not The Deficit'

The Huffington Post UK | Ned Simons | Posted 05.12.2012 | UK Politics

As George Osborne prepares to deliver his Autumn Statement, the Labour Party has gleefully seized on findings that David Cameron has failed to live up...

Osborne Warned More Austerity Measures Needed To Meet Deficit Targets

PA/Huffington Post UK | Posted 02.12.2012 | UK Politics

George Osborne has admitted it is taking longer for Britain to recover from the financial crisis than he hoped amid warnings that he will not meet hi...

'We Can't Protect You From The Cuts'

The Huffington Post UK | Jessica Elgot | Posted 01.11.2012 | UK Politics

Treasury Minister David Gauke has expressed his frustration with the "fiscal nimbyism" of middle class parents who oppose cuts in child benefits, and ...

Finally! Exposed! The Deficit Myth! So, David Cameron When Are You Going to Apologise?

Ramesh Patel | Posted 23.12.2012 | UK Politics
Ramesh Patel

As a Conservative I have no pleasure in exposing David Cameron's deficit claims. However, as long as the party continues to talk down the economy via the blame game, confidence will not be given an opportunity to return. For it is an undeniable and inescapable economic fact: without confidence and certainty there can be no real growth.

Osborne Preparing To Drop His Debt Target

Huffington Post UK | Mehdi Hasan | Posted 12.09.2012 | UK Politics

Do you remember George Osborne’s first “emergency” budget in June 2010? The chancellor of the exchequer argued that “in order to place our fis...

Chancellor Under Pressure Over Rise In Government Borrowing

Press Association | Posted 20.07.2012 | UK

Chancellor George Osborne's deficit-busting plans will come under more pressure on Friday as figures show government borrowing is on course to miss fu...

'We've Got the Deficit Down by a Quarter': If This Is Success...

Jonathan Portes | Posted 14.09.2012 | UK Politics
Jonathan Portes

The first achievement highlighted today by the Prime Minister in his Sunday Times article was deficit reduction: "We've got the deficit down by a quarter already". This statement is true. But what the Prime Minister didn't say was that the economic outlook the Prime Minister inherited was for precisely this pace of deficit reduction.

Is Another Bout of QE a Good Thing?

Peter Morgan | Posted 19.08.2012 | UK
Peter Morgan

In the last few days the Chancellor George Osborne announced a £140 billion 'kick start' to the British economy in an attempt to get the country out of stagnant growth.

Is the Eurozone Austerity Backlash Heading to Britain?

Jonathan Davis | Posted 14.07.2012 | UK Politics
Jonathan Davis

As the disciples of Eurozone austerity are being unceremoniously booted out of office, now might be a good time for us to discuss whether the backlash against British austerity, which has been growing since the formation of the coalition, has the potential to expand and provoke yet another government to fall.

The 50p Tax Rate: It's Not a Good Scrap

Jeremy Cook | Posted 06.05.2012 | UK Politics
Jeremy Cook

If you want to do something beneficial for businesses, a tax cut for the rich is not what you should be wishing for. There are other devices which will work much better.

Government To Underspend, But Many Deep Cuts Yet To Come, IFS Says

Huffington Post UK | Peter Guest | Posted 01.02.2012 | UK Politics

The UK government is on course underspend by more than £3bn this year, according to analysis from the Institute of Fiscal Studies (IFS). Despite deep...

Breaking The Bank: Government Shouldn't Ringfence, Says Architect Of Canadian Cuts

The Huffington Post UK | Dina Rickman | Posted 13.01.2012 | UK Politics

Governments should not ring-fence specific departments such as the NHS and international development from cuts, according to the architect of the spen...

What I Think of George Osborne's Economic Plans

Peter Morgan | Posted 08.02.2012 | UK
Peter Morgan

First, I would like to discuss credit easing, which I do not think will work. To start with it is too small an amount.

How to Save the Economy: A One-off 20% Tax on the Richest 10%

Peter G Tatchell | Posted 22.01.2012 | UK Politics
Peter G Tatchell

The super rich have a patriotic duty to help save the economy by paying more tax. If they love Britain, they will be willing to do this, in order to help us win through the current economic crisis.

Public Finances: It's A Bitter Pill - But What Does It Look Like?

Mark Fletcher-Brown | Posted 17.01.2012 | UK
Mark Fletcher-Brown

Like most people who listen to Today every morning, who read the Guardian, who love Robert Peston and who subscribe to The Economist, I have a reasonable feel for the problems with world debt.

The One Million, the FTSE 100 and the 99%

Melanie Ward | Posted 17.01.2012 | UK Politics
Melanie Ward

The chorus of voices in protest is growing. How loud will it have to get before we see some change?

UK Will Miss Deficit Targets, But Blaming Europe Is 'Nonsense'

Huffington Post UK | Peter Guest | Posted 17.11.2011 | UK

The government's deficit reduction targets are likely to be missed as growth undershoots official projections. But analysts said pinning the blame on ...

Cash-Strapped UK Government Should Sell Not Buy Artwork

Stuart Bonar | Posted 13.01.2012 | UK Politics
Stuart Bonar

We are not discussing here the artwork that hangs in our great museums and art galleries. The items in the Government Art Collection are primarily used in ministerial offices, government buildings, embassies and ambassadors' residencies around the globe.