Economy and public finances Some of the spending review’s big losers haven’t realised it yet 2 November 2010 by Gavin Kelly The media may be preoccupied with cuts to child and housing benefits – but all hell will break loose once tax credit cuts bite. There is nothing quite like being in No 10 in the midst of a political storm: entering each day past a pool of journalists that swells in number as the dark … Continued READ MORE
Economy and public finances Investors must learn 29 October 2010 by Louisa Darian The government’s announcements to cut the social housing budget to £4.4 billion will hit many low earning households. Coupled with already low rates of affordable house building under the previous government, these proposals will mean that more and more low earning families will be forced into unsuitable private rented sector accommodation. Those fortunate enough to … Continued READ MORE
Economy and public finances Low income earners will bear the brunt of the cuts 21 October 2010 by James Plunkett To protect those at the very bottom, those in work, but on low and modest incomes, are being asked to make sacrifices Thanks to Danny Alexander’s spotless car windows, we have already had a sneak-peak of two pages of today’sspending review. It’s hardly news: 490,000 public sector jobs will go. But the pages also reveal coalition … Continued READ MORE
