News Ed Balls denied the claim that he would go beyond a 50p top tax rate

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.

Geoffrey Spence appointed as new head of Infrastructure UK

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.

Leading article: The least of Ed Miliband's problems

Ed Miliband's decision to end elections to Labour's Shadow Cabinet is not his "Clause IV moment", as some have suggested.

Miliband leader speech draft leaked

A difficult week for Ed Miliband was capped today as Labour was hit with more embarrassing leaks.

Leading article: Protest has a role in fairness

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.

Sean O'Grady: Also-ran has so far confounded all his critics

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.

Alistair Darling: We were two hours from the cashpoints running dry

The former Chancellor tells Andrew Grice how close we came to financial chaos – and why Osborne could push us back to the brink

Leading article: A warning that needs to be heeded

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.

Leading article: Economic contraction will have political consequences

Ed Balls, the shadow Chancellor, is on the verge of being able to claim vindication

Labour to 'pull together' after Johnson departure

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.

The Sketch: Cameron won the bonus points and Eddie was left crouching

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).

Top banks sign up to tax code

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.

Tom Watson MP criticises coalition tax u-turn on videogames

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.

Tax rise adds £450m to 2011 holiday bill

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.

Cuts will hit the poorest harder, claims think-tank

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.

Johnson urges tougher taxes on banks to boost public finances

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.

Latest stories from i100
Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 17 April 2015
Where the spooks get their coffee fix: The busiest Starbucks in the US is also the most secretive

The secret CIA Starbucks

The coffee shop is deep inside the agency's forested Virginia compound
Revealed: How the Establishment closed ranks over fallout from Loch Ness Monster 'sighting'

How the Establishment closed ranks over fallout from Nessie 'sighting'

The Natural History Museum's chief scientist was dismissed for declaring he had found the monster
One million Britons using food banks, according to Trussell Trust

One million Britons using food banks

Huge surge in number of families dependent on emergency food aid
Excavation at Italian cafe to fix rising damp unearths 2,500 years of history in 3,000 amazing objects

2,500 years of history in 3,000 amazing objects

Excavation at Italian cafe to fix rising damp unearths trove
The Hubble Space Telescope's amazing journey, 25 years on

The Hubble Space Telescope's amazing journey 25 years on

The space telescope was seen as a costly flop on its first release
Did Conservative peer Lord Ashcroft quit the House of Lords to become a non-dom?

Did Lord Ashcroft quit the House of Lords to become a non-dom?

A document seen by The Independent shows that a week after he resigned from the Lords he sold 350,000 shares in an American company - netting him $11.2m
Apple's ethnic emojis are being used to make racist comments on social media

Ethnic emojis used in racist comments

They were intended to promote harmony, but have achieved the opposite
Sir Kenneth Branagh interview: 'My bones are in the theatre'

Sir Kenneth Branagh: 'My bones are in the theatre'

The actor-turned-director’s new company will stage five plays from October – including works by Shakespeare and John Osborne
The sloth is now the face (and furry body) of three big advertising campaigns

The sloth is the face of three ad campaigns

Priya Elan discovers why slow and sleepy wins the race for brands in need of a new image
How to run a restaurant: As two newbies discovered, there's more to it than good food

How to run a restaurant

As two newbies discovered, there's more to it than good food
Record Store Day: Remembering an era when buying and selling discs were labours of love

Record Store Day: The vinyl countdown

For Lois Pryce, working in a record shop was a dream job - until the bean counters ruined it
Usher, Mary J Blige and Will.i.am to give free concert as part of the Global Poverty Project

Mary J Blige and Will.i.am to give free concert

The concert in Washington is part of the Global Citizen project, which aims to encourage young people to donate to charity
10 best tote bags

Accessorise with a stylish shopper this spring: 10 best tote bags

We find carriers with room for all your essentials (and a bit more)
Paul Scholes column: I hear Manchester City are closing on Pep Guardiola for next summer – but I'd also love to see Jürgen Klopp managing in England

Paul Scholes column

I hear Manchester City are closing on Pep Guardiola for next summer – but I'd also love to see Jürgen Klopp managing in England
Jessica Ennis-Hill: 'I just want to give it my best shot'

Jessica Ennis-Hill: 'I just want to give it my best shot'

The heptathlete has gone from the toast of the nation to being a sleep-deprived mum - but she’s ready to compete again. She just doesn't know how well she'll do...