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.

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.

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.

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...

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

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.

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

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.

It seems to me to be one very large gamble and I'm not entirely sure it will work. In fact, I fear it will simply mean that most people in Britain will end up paying more for poorer quality public services that have been channelled toward the private sector, all through the back door.

It may strike some, me included, as surprising that people would donate to pay down the National Debt rather than give to help find a cure for cancer or feed a starving child, but it's their money... well, it's ours now.

PRESS ASSOCIATION -- Chancellor George Osborne has vowed to stick by his austerity measures despite a slowdown in the pace of the UK's economic recove...

Sitting opposite Labour members has been an instructive experience over the last fourteen months. For them debt - and the accumulation of it - is an alien concept. To every cut they shout "shame"; to every saving they accuse us of attacking the vulnerable and dispossessed. But to the central question of the national finances, they offer little comment - other than a repetition of whatever Ed Balls is offering from his wonderland that day.

Bill Clinton yesterday warned David Cameron that Britain's spending cuts could end up raising the deficit. He becomes the highest profile critic yet o...

WASHINGTON -- President Barack Obama and Republican congressional leaders reached historic agreement Sunday night on a compromise to permit vital U.S....