Ed Balls could consider increasing the top rate of tax to 55p or even 60p if he became Chancellor, former Trade minister Digby Jones claimed today.
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Wednesday 27 July 2011
Geoffrey Spence, a personal economic adviser to then chancellor Alistair Darling during the banking crisis, has been appointed to head up the Treasury body that oversees the UK’s infrastructure plan.
Saturday 25 June 2011
Ed Miliband's decision to end elections to Labour's Shadow Cabinet is not his "Clause IV moment", as some have suggested.
Saturday 11 June 2011
A difficult week for Ed Miliband was capped today as Labour was hit with more embarrassing leaks.
Sunday 27 March 2011
It is in the nature of protest marches that they tend to be a reaction to decisions that have already been taken and are most unlikely to be reversed. Thus it was on the Day of Action in 1980, the People's March for Jobs in 1981 and 1983, the CND march against Polaris in October 1983 and, yes, even though the House of Commons had yet to go through the formal motions, the march against the Iraq war in February 2003.
Wednesday 23 March 2011
Only a short but eventful year ago, George Osborne was no one's idea of a chancellor. He routinely trailed Vince Cable and Alistair Darling in polls of the City, the public and business for competence. Mervyn King told the US ambassador he was worried by his lack of experience. Peter Mandelson identified poor George as the Tories' "weakest link"; dark rumours circulated that he would be replaced by the apparently full-of-mojo William Hague.
Friday 18 March 2011
When he succeeded Gordon Brown as Chancellor of the Exchequer in 2007, Alistair Darling was expecting a relatively quiet time at the Treasury. In the event, he was plunged into the most severe financial crisis since the First World War. Yet Mr Darling came out of the nightmare with his reputation enhanced.
Friday 18 March 2011
Wednesday 26 January 2011
Sunday 23 January 2011
Labour's shadow cabinet will "pull together" and leave behind the problems of the past following Alan Johnson's decision to quit frontline politics, Douglas Alexander has said.
Thursday 02 December 2010
Ok, he's stopped touching his face. That's an improvement, it shows progress. At this rate he'll be ready to be prime minister when Sam Miliband comes of age (and pips his father to the vote while uncle David laughs).
Wednesday 01 December 2010
The 15 biggest banks operating in the UK have adopted a Government code of practice on reducing tax avoidance, the Deputy Prime Minister, Nick Clegg, said yesterday.
Tuesday 23 November 2010
A Labour MP has accused the Coalition of putting jobs at risk in the videogame sector following its decision earlier this year to cancel proposed tax relief for the industry.
Friday 29 October 2010
Next month's increase in Air Passenger Duty (APD) will add £450m to the cost of holidays in 2011, according to Virgin Atlantic. The third increase in as many years will add £240 to the cost of a four-person holiday to the US, a 33 per cent rise from 2009.
Thursday 21 October 2010
Coalition claims that the spending review was fair were dealt a heavy blow today when a leading economics think-tank insisted the cuts would hit the poorest harder than most of the better off.
Tuesday 19 October 2010
Alan Johnson has said banks should be forced to pay another £3.5bn in tax to help avoid some of the huge cuts to public spending to be unveiled by the Coalition Government tomorrow.
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