Autumn Statement

After the autumn statement: What now for the two main parties?

Rich Durber  |  4 December 2014

Both George Osborne and Ed Balls are likely to be satisfied with their performances during the autumn statement yesterday, in what most objective people will see as a score-draw. The chancellor failed to deliver the knockout blow to the opposition that some in Labour’s ranks had feared he might, but neither was he forced into …

1 Comment Read more

Nation-building, not Lilliputianism

Jamie Reed MP  |  3 December 2014

Today’s autumn statement from George Osborne was another missed opportunity to speak to the majority of people outside of the Westminster bubble. In particular, it failed to address that issue which resonates most strongly of all in those areas called ‘Rustbelt Britain’ by the Economist magazine: the need for nation-building. Both the coalition and the …

1 Comment Read more

What the autumn statement will not tell you

Sally Keeble  |  3 December 2014

There is a lot that needs fixing within the British economy. But today’s autumn statement will not deal with that. Instead it will be about the Tories’ general election strategy and targeting sweeteners at an ageing electorate in a selected number of seats. The electorate, however, is a lot more canny than the Tories give …

0 Comments Read more

The paradox of failed thrift

Hopi Sen  |  3 December 2014

George Osborne should be a prisoner of his own failure. He made the wrong call in 2010, tightening fiscal policy just when the economy needed extra stimulus, and as a result he now has a stubborn deficit forecast stretching far into the future, with his deficit targets either rolling over or missed outright. He increased …

1 Comment Read more

No message of hope for households on waiting lists

Lesley Brennan  |  3 December 2014

Christmas approaches and images of glowing families in well-presented homes full of anticipation of what Santa will bring surround us. However, the reality is that the coalition government’s autumn statement gave no joy to households that cannot afford to buy and are currently waiting for a social rented property. Census data from 2011 tells us …

0 Comments Read more

Tackling tax avoidance cannot be an afterthought

Fiona O'Donnell MP  |  2 December 2014

The prime minister must keep his promise: tackling tax avoidance cannot be an afterthought. What a difference a year makes. Leading the G8 at Lough Erne last year David Cameron said that the agenda for the world’s most powerful nations should focus on trade, tax and transparency – and he was clear that this focus …

0 Comments Read more

Tory plans are simply unrealistic and political

Stephen Beer  |  1 December 2014

The annual autumn statement this Wednesday is not just about the economy, it is very much a political event. Reports that George Osborne plans to introduce a law requiring the government to balance the budget by the middle of the next parliament illustrate that well. There is no economic justification for this. It is a …

0 Comments Read more