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fiscal conservatism Articles

The Tory ‘decade without growth’

A stronger opposition would be well-placed to pressure the government on its faltering economic record, writes Stephen Beer We are reaping a poor economic harvest from decisions made by Conservative-led governments since 2010. This year’s budget will be remembered, if...

Defeat for George Osborne

George Osborne is trying to clear the decks for the new Tory leader by getting the government’s mistakes out of the way now. Yesterday he signalled that his great mission of delivering an overall budget surplus by 2020 was to be consigned to history less than a year...

Closing Labour’s deficit

The Conservatives may not have won the last general election but Labour lost it. Labour was thought too keen on spending other people’s money, particularly in areas where the public are least keen to see their money spent, such as working-age welfare. As the Labour...

The injustice of monetary policy

Bank of England governor Mervyn King recently declared in the 2012 BBC Today Programme lecture that ‘our banking and financial system overextended itself’. This included allowing financial institutions to leverage their balance sheets by over 50 times, and making use...

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