Austerity

Financial Politics

Real terms average pay lower in most UK local authorities than in 2008, TUC finds

Pay packets are smaller than they were in 2008 in most local authority areas in the UK, according to analysis by the Trades Union Congress,…

Financial Politics

Budget 2024: Jeremy Hunt announces 2p cut in national insurance

Lorcan Hawley March 6, 2024 No Comments Austerity Budget 2024 (spring)Budget deficit Business Capital gains tax Conservatives Economic growth (GDP)Economic policy Economics Government borrowing Income tax Jeremy Hunt Local government Money money news money saving tips National insurance Office for Budget Responsibility personal finances Politics Public finance Public sector pay Tax Tax and spending UK news

Jeremy Hunt has announced a 2p national insurance cut in his budget as a pre-election gambit to revive flatlining opinion poll ratings and reboot Britain’s…

Financial Politics

Take care with energy use but support will continue, says Sunak

Lorcan Hawley November 15, 2022 No Comments Austerity Consumer affairs Economic policy Economics Energy bills Executive pay and bonuses Food banks G20 Household bills Money money news money saving tips personal finances Politics Rishi Sunak UK news

Rishi Sunak has told households to “be careful” about their energy use to help reduce bills, as he vowed fairness would be at the heart…

Financial

Cost of living crisis: Stop the Squeeze calls for wealthiest to ‘pay proper share’ of tax

Lorcan Hawley October 27, 2022 No Comments Austerity Budget deficit Business Economic policy Energy bills Inflation money news money saving tips personal finances Public finance Rich lists Tax and spending The super-rich UK cost of living crisis UK news

Pressure is building on the leaders of Britain’s two biggest political parties to support higher taxes on wealth amid growing fears over the impact that…

Financial Politics

Further 250,000 UK households face destitution in 2023, warns NIESR

Lorcan Hawley May 11, 2022 No Comments Austerity Business Consumer affairs Cost of living crisis Economics Energy bills Household bills Inequality Inflation Money money news money saving tips personal finances Politics Poverty Society UK news Universal credit Welfare

More than 250,000 households will “slide into destitution” next year, taking the total number in extreme poverty to around 1.2m, unless the government acts to…

Financial Politics

Worried Conservatives urge PM to ease consumers’ woe as energy prices spiral

Lorcan Hawley January 6, 2022 No Comments Austerity Conservatives Consumer affairs Energy bills House of Commons Household bills Jacob Rees-Mogg Money money news money saving tips National insurance personal finances Politics Rishi Sunak Tax Tax and spending UK news

Conservative MPs told the prime minister that expanding existing support schemes would not be enough to help consumers hit by significant price hikes, as Downing…

Environment

Calls for G7 spending restraint misguided, warns Lord Stern

Lorcan Hawley June 12, 2021 No Comments Austerity Business Climate change Coronavirus Economics Environment Environmental news G7 Global economy Green economy Nicholas Stern World news

Wealthy nations must ignore calls to rein in public spending as the economic recovery from the Covid-19 pandemic gathers pace, or risk a fresh crisis,…