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Posted Thu, 02/09/2010 - 23:14 by tmark938

IMF warns on UK debt mountain

IMF warns on UK debt mountain

Thursday 2nd September 2010

The IMF (International Monetary Fund) has today warned a number of countries around the world, including the UK, that long-term fiscal reform is required to address ever growing national debt. This comes with a forecast that UK gross debt to ... Full Story>>

Posted Thu, 02/09/2010 - 21:37 by tmark938

Why did the banking super tax fail?

Why did the banking super tax fail?

Thursday 2nd September 2010

Alastair Darling, the former Chancellor of the Exchequer, today revealed that in his opinion the banking super tax issue by the former UK government has failed. Despite the fact there had been hopes that this particular tax, on bonuses over ... Full Story>>

Posted Thu, 02/09/2010 - 17:27 by tmark938

Alistair Darling admits that banking super tax has failed

Alistair Darling admits that banking super tax has failed

Thursday 2nd September 2010

Former Chancellor of the Exchequer Alastair Darling has this week delivered a speech suggesting that his "banking super tax" which was supposed to hit those receiving bonuses in excess of £25,000 a year has effectively failed. He believes that ... Full Story>>

Posted Wed, 01/09/2010 - 18:24 by tmark938

Credit Suisse announces surprise bonus payments

Credit Suisse announces surprise bonus payments

Wednesday 1st September 2010

Financial giant Credit Suisse has today surprised the City with the announcement that 400 managing directors are set to receive one-off "discretionary leadership awards" which will take the form of cash payments. However, these payments, ... Full Story>>

Posted Wed, 01/09/2010 - 01:41 by tmark938

George Osborne leads by example

George Osborne leads by example

Tuesday 31st August 2010

While in many ways George Osborne, the Chancellor of the Exchequer, was expected to lead by example, today's news of 350 job cuts at the Treasury is not exactly something the government is proud of. The workforce of the Treasury will be ... Full Story>>

Posted Mon, 30/08/2010 - 05:00 by tmark938

Danny Alexander puts coalition government on the spot

Danny Alexander puts coalition government on the spot

Sunday 29th August 2010

Danny Alexander, the Liberal Democrat chief secretary to the Treasury, has today suggested it will be at least five years before we see a net reduction in taxes in the UK. Whether or not this is the official coalition government line remains ... Full Story>>

Posted Tue, 24/08/2010 - 22:40 by tmark938

Coalition government comes to rescue of motorists

Coalition government comes to rescue of motorists

Tuesday 24th August 2010

Amid cries of hypocrisy, the UK government is today introducing new rules which will reduce the powers of local authorities to implement ideas such as a £250 a year charge to park your car at work. This comes despite the fact that the UK ... Full Story>>

Posted Tue, 24/08/2010 - 06:40 by tmark938

Local councils set to hit motorists again!

Local councils set to hit motorists again!

Monday 23rd August 2010

The Local Government Association has unveiled plans by a number of local authorities across the UK to charge employees to park their cars at work. This is something which was suggested a couple of years ago as a means of cutting down on ... Full Story>>

Posted Mon, 23/08/2010 - 19:14 by tmark938

Public sector suppliers feel the pinch

Public sector suppliers feel the pinch

Monday 23rd August 2010

So far this year, as a direct consequence of government budget cuts, the number of public sector service suppliers going under has increased by 50%. It is expected that this rate will rise in the short to medium term as the full consequence of ... Full Story>>

Posted Mon, 23/08/2010 - 03:38 by tmark938

Should UK taxpayers fund the political arena?

Should UK taxpayers fund the political arena?

Sunday 22nd August 2010

John Prescott has opened something of a controversial debate with his comments regarding the precarious financial situation in which the Labour Party finds itself. The party is in debt to the tune of £20 million and there are now growing calls ... Full Story>>