Respected think tank, the Institute for Fiscal Studies (IFS), has commented on this week’s budget and said low-income families will be hard hit due to changes to child benefit and tax credits.
Robert Chote, IFS director, comments: “Osborne and Clegg have been keen to describe the measures as progressive...
Posted to
Finance
on 06-24-2010
Filed under: All Financial News, Economy News, Debt News, deficit, budget, Institute for Fiscal Studies, spending cuts, IFS, comment, Chancellor George Osborne, Robert Chote
Today's address by the shadow chancellor went some way towards explaining what he will do if he succeeds Alistair Darling at the Treasury With his own credibility on the line, George Osborne made a politically well-judged speech to the Tory conference today. Whether economic analysts cheer it as...
Posted to
Economics
on 10-06-2009
Filed under: Politics, Economic policy, Blogposts, guardian.co.uk, UK news, Economics, Business, Alistair Darling, Money, Tax and spending, Society, Pensions, George Osborne, Public finance, Conservatives, Conservative conference, State pensions, Work & careers, Older people, Comment, Public sector careers, Conferences
Consumers have seen very little benefit from the Bank of England holding its base rate at a record low of 0.5% for six months, a consumer advice site pointed out this week.
Interest rates on savings accounts have dropped, while rates on mortgages, credit cards, and personal loans have continued to rise...
Posted to
Finance
on 09-10-2009
Filed under: All Financial News, Economy News, interest rates, UK, Mortgage News, savings, instant access, Banking News, Credit Card News, Base rate, borrowing, analysis, Loan News, Moneyfacts.co.uk, comment
Back in January I warned that we should all be concerned about a damning report by MPs into the running of the Debt Management Office DMO.
Posted to
Comment
on 03-26-2009
Filed under: gilts, Bank of England, alistair darling, comment, richard fletcher, mervyn king, bonds, debt management office, auction, Robert Stheeman, dmo