With public borrowing still high, is David Cameron right to renew his pledge of £7bn in tax cuts? January 26, 2015 John Longworth, director general of the British Chambers of Commerce, says Yes The Prime Minister is absolutely right to go into the General Election campaign with a plan to cut taxes – even in the face of continued public spending restraint and necessary belt tightening. Lower personal taxes can be a fillip to businesses, who [...]
Greece elections 2015: How David Cameron, Ed Miliband, Paul Krugman and other world leaders and economists reacted to Syriza victory January 26, 2015 The impact and significance of Syriza's victory in the Greek election is already making its mark on Europe and the rest of the world. Syriza, a leftist anti-austerity party, wants to renegotiate Greece's debt to its three creditors (the European Commission, the European Central Bank and the International Monetary Fund), which currently stands at around [...]
David Cameron unveils tax cut pledge January 26, 2015 Is this the beginning of the end of Austerity Britain? The Prime Minister has unveiled plans to cut taxes for the lowest earners, saying there is an "economic, moral and practical" case for lowering taxes. At a speech in Eastleigh, David Cameron unveiled plans to raise the annual personal allowance to £12,500, saying "I think [...]
Prime Minister David Cameron makes the ethical case for lower taxes January 26, 2015 Prime Minister David Cameron will today look to distance his party from Labour and the Liberal Democrats setting out an ideological case for tax cuts. Cameron will say he believes in lower taxes “because I trust people more than I do politicians”. He will add: “I think people know how to spend their money better [...]
David Cameron outlines legislation for increased Scottish powers – but there’s no mention of haggis in this Burns Night address January 23, 2015 Prime Minister David Cameron gave his spin on a Burns Night address last night – but he failed to mention haggis once. To be fair, the speech was more taken up with his plans for the people of Scotland post-referendum, specifically to note the publication of draft legislation detailing new powers for the Holyrood [...]
David Cameron facing Tory backlash over plain cigarette packs January 22, 2015 Prime Minister David Cameron is facing a bruising from his own party over proposals to have cigarettes sold in plain, unbranded, packaging, with a senior Tory MP telling City A.M. that “half the parliamentary party” could be against it. Several Conservative backbenchers were fuming at the proposals yesterday, put forward in a surprise announcement by [...]
David Cameron to reveal devolved powers for Scotland January 22, 2015 Prime Minister David Cameron will reveal draft legislation outlining devolved powers for Scotland today. He will also meet Scotland's First Minister Nicola Sturgeon in Edinburgh to discuss enacting the plans. The “command paper” is believed to contain 44 new clauses across 100 pages. In the run-up to last year’s Scottish independence referendum, [...]
David Cameron and Ed Miliband clash as UK unemployment hits a six-year low January 21, 2015 Unemployment has dropped to its lowest rate since 2008 according to official figures, which also show pay continuing to beat inflation. The jobless rate dropped to 5.8 per cent in the three months to November, according to data released yesterday by the Office for National Statistics. Pay including bonuses rose 1.7 per cent [...]
David Cameron renews pledge to lead UK to full employment, but what is it? January 19, 2015 David Cameron has said that he and the Conservatives are committed to full employment in Britain. The UK, Cameron said, would be a "jobs factory," with benefit caps lowered and immigrants' access to welfare limited. To achieve this goal, Cameron pledged to help small businesses, saying: “we’re the party of the roofers and the retailers; [...]
Long-term policies more than falling oil prices are needed for sustainable wage growth business groups tell Cameron January 17, 2015 Long-term solutions rather than the short-term gains from falling oil prices are needed to boost wages, business groups have said. David Cameron urged businesses to pass on the benefits of falling oil prices to staff through higher wages on his visit to Washington yesterday. Business groups have responded saying lower oil prices are already creating [...]