treasury Articles

In its editorial last week Progress argued that in the long-term spending on childcare will bring savings in the benefit budget and increased tax revenue but ‘in the short term that additional investment will need to be funded by money from elsewhere.’ IPPR, in its...

It now looks as though David Cameron’s promise to balance the books by next year will be at least £75bn wide of the mark. So it has become clear to me and my shadow cabinet colleagues that the settlements we will need to make following the general election will be the...

Like every ordinary Labour party member, I am working towards the election of a majority Labour government in 2015. And like most responsible citizens, I would like to see the fiscal deficit brought down and a tax system where everyone ‘pays their fair share’. There...

It is news to no one that we are living in the toughest economic times for generations. The credit crunch and double-dip recession have pushed household budgets to breaking point. Today’s report from the Bank of England shows that inflation is expected to rise to at...