From the TUC

TUC detailed PBR reaction

Nigel Stanley

24 Nov 2008, by in Economics

This is our detailed press reaction to the PBR: TUC General Secretary Brendan Barber said: “The Chancellor was right to inject this extra money into the economy. We welcome the significant extra cash that he has put into the pockets of low and medium paid workers, and the extra help for pensioners. The new Ofgem…




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PBR: Well on course

Brendan Barber
Guest

24 Nov 2008, by in Economics

The Chancellor was right to inject this extra money into the economy. He has changed the political debate by breaking the taboo that the super-rich should never pay more tax. He did about as much today as he could to boost the economy but we will need further interest rate cuts and action to get…




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… And we’re off!

Nigel Stanley

24 Nov 2008, by in Blogging

Liveblog of Alastair Darling’s Pre-Budget Review 2008 Can we take the Chancellor’s words about the lack of compensation schemes in off shore jurisdictions – ie tax havens – as a sign of a shift away from the UK’s quiet support for its dependent taxhavens such as the Channel Islands? Inflation down to half per cent next…




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blogging the PBR

Nigel Stanley

24 Nov 2008, by in Blogging

This is our first live blogging event. We plan to do it like this. TUC policy experts will all be sitting in the General Secretary’s office watching the television coverage, and discussing what’s said. I will distill that into pithy comments while the Chancellor is speaking, and add them to a rolling post. (Of course anything that…




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What we are looking for in the PBR

Nigel Stanley

24 Nov 2008, by in Economics

I am not sure that anyone much talks about Hugh Dalton these days. He was Labour’s Chancellor in the great 1945 reforming government and his time in office is probably best remembered for nationalising the Bank of England. But it is the manner of his departure that has probably earned him his footnote in history.…




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Pre-Budget Report: A turning point on tax?

Adam Lent
Guest

23 Nov 2008, by in Economics

If reports are correct, Monday’s Pre-Budget Report could prove a major political moment.  Not only will it signal the Government’s appeal to the electorate ahead of a General Election in 2009 or 2010, it will also confirm the developing chasm between the Tories and Labour on how to respond to the recession. But, and maybe most interestingly,…




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Repossessions: time for a moratorium?

Adam Lent
Guest

21 Nov 2008, by in Economics, Society & Welfare

Repossession has always struck me as a barbaric way of treating someone who may already be facing financial problems brought about by family breakdown, illness or unemployment.  But it is also clear that fear of losing the family home is so deep seated in the British psyche that the continuing rise in repossessions is one of those things, like growing…




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