Yes, the UK economy has recovered. But the evidence of high fiscal multipliers when interest rates are low and trading partners are also retrenching suggests it would have done better since 2010 without the Chancellor’s front-loaded tax hikes and capital spending cuts.
If you object to more cuts “after the books are balanced” why did you not refuse to sign up for budget surpluses in 2018-19 and 2019-20?
Further to my article about the TV debates in today’s Independent on Sunday, there is one possibility I didn’t have space to discuss. This is the much-canvassed “empty chair” tactic, which is that the broadcasters should threaten to go ahead with the debates leaving an empty chair for David Cameron. Either to put pressure on [...]
What if the surplus was only 0.7% of GDP, rather than 1%, as the Tories’ rhetoric now seems to suggest? A simple extrapolation, using the Treasury’s calculations, suggests public debt would be £63bn higher in 2035-36.
Here’s why, despite the fact that the economy is growing relatively strongly and the cost of living is falling, many people still feel worse off than they did six years ago.
Disregard the conventional wisdom. The Coalition’s penciled-in plans entail considerably more austerity than Labour’s do.
Voters see the UK Independence Party as being to the left of the Conservative Party, according to a ComRes opinion poll for The Independent on Sunday, shared with the Sunday Mirror. The poll asked people to locate themselves and political parties and leaders on a spectrum ranging from 0, very left wing, to 10, very [...]
We have a ComRes opinion poll in The Independent on Sunday tomorrow, shared with the Sunday Mirror.
As well as asking people how they would vote, we asked them where they would place the following on a left-right scale:
Your own political views
UKIP, UK Independence Party
Liberal Democrat Party
The Labour History Group organised a Christmas quiz on Wednesday night. Here are the questions from the Labour history round:
1. Which Spice Girl appeared in Labour’s first party election broadcast of the 2001 general election?
2. The ashes of which Labour prime minister were [...]
When the international Uber taxi hire firm opened in India last year, it was seen as a potentially efficient and easily accessible alternative to creaky unreliable rivals cabs. That image was shattered late last Friday evening when an Uber driver allegedly raped a young woman in Delhi.
This demonstrated how little has changed since rapes hit [...]
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