In for a penny, in for £175 billion

April 22, 2009

It may not be tax and spend exactly, but it’s definitely tax and borrow.

For the best part of 12 years, Labour has pursued essentially conservative (with a small ‘c’) economic policies, steadily underburdening itself of the ‘fiscally unreliable’ tag that some earlier Labour administrations were (wrongly or rightly) saddled with.

Another bumper Budget?

April 21, 2009

All we’ve heard for the past few weeks is how little room there is for Labour to pump more money into the economy to fight the recession.

from The Great Debate UK:

Little room for manoeuvre in budget

April 21, 2009

gerard-3x4

--Gerard Lyons is chief economist at Standard Chartered. The opinions expressed are his own. Lyons will also blog his post-budget thoughts on The Great Debate.--

What do you want from the Budget?

April 20, 2009

With Alistair Darling set to issue the gloomiest budget in a generation, nobody would actually like to be in the Chancellor’s shoes. But put yourself there for a moment and ask yourself, what would your Budget look like?

from The Great Debate UK:

A short circuit for electric cars

April 20, 2009

REUTERS-- Neil Collins is a Reuters columnist. The opinions expressed are his own --

LONDON, April 16 (Reuters) - Poor old Alistair Darling. The Chancellor is girding himself to deliver a truly ghastly Budget, and lined up a crowd-pleasing headline-grabber to distract attention from the financial horrors ahead.

from MacroScope:

Punctured Britain

April 7, 2009

If British chancellor Alistair Darling now occasionally tires of being reminded of his party's erstwhile promise of  "no more boom and bust", he won't thank British accountancy firm Grant Thornton  for sending journalists a bike puncture repair kit.

Sorry seems to be the hardest word

March 3, 2009

    Alistair Darling may think it’s time for a bit of collective
responsibility, but anyone who thinks Gordon Brown is about to
apologise for Britain’s current economic travails should think
again.

Sorry Darling, Davos is for Mandy

January 30, 2009

If there were any questions over who is number two in British Prime Minister Gordon Brown’s cabinet, Davos might have helped clear them up.

Pre-budget report: what it means for personal taxes

November 25, 2008

Here is a guide on what the pre-budget report means for personal taxation by accountancy firm BDO Stoy Hayward.

Drawing up the Battle Lines

November 25, 2008

Newspapers were in no doubt of the significance of the pre-budget report – this was a defining moment in British politics.