Why does cutting government spending mean faster growth?

| April 29, 2012 | 0 Comments

Cutting government spending on things like public sector salaries, medicines, consultancy advice and other forms of what is called “government consumption” tends to make economies grow faster in the medium term.When the Coalition finally gets around to cutting such spending (it still have around 90 per cent of such cuts to implement) that might even [...]

Filed Under: Latest Finance News

The Coalition is cutting all the wrong things, and still net debt is above £1 trillion

| April 24, 2012 | 0 Comments

With the March data now released, it’s time to assess what progress has been made over the past fiscal year in putting the UK public finances back on the straight and narrow. With tax revenue up a bit, and ignoring welfare and debt servicing costs, spending down a smidgen, there’s definite signs of movement. But [...]

Filed Under: Latest Finance News

Budget 2012: Winners and losers among pensioners from cutting complexity

| March 22, 2012 | 0 Comments

There are 10.3m people aged over 65 in Britain, according to the Office for National Statistics (ONS), so changes to the tax and benefits treatment of pensioners announced in Budget 2012 will affect nearly one in six of the population. But HM Revenue & Customs (HMRC) records show that fewer than half of them – [...]

Filed Under: Latest Finance News

OBR backs credible deficit cutting path

| November 30, 2010 | 0 Comments

The economy will slow in 2011 as austerity measures bite but Britain’s public finances are on a credible deficit reduction path, the new and independent fiscal watchdog said View full post on Financial Times – UK Homepage

Filed Under: finance news

BP cleared of cutting corners

| November 9, 2010 | 0 Comments

BP did not put cost before safety in drilling the Macondo well that ruptured in April, according to the presidential commission investigating the spill in the Gulf of Mexico View full post on Financial Times – UK Homepage

Filed Under: finance news

Osborne talks tough on cutting benefits

| September 9, 2010 | 0 Comments

Tough talk against the supposedly workshy came as Nick Clegg, deputy prime minister, attempted to reassure public sector workers View full post on Financial Times – UK Homepage

Filed Under: finance news

MoD looks at cutting 30,000 troops

| July 20, 2010 | 0 Comments

The proposed overhaul, which would slash army numbers by up to 30,000, is an extreme scenario that underlines how a fierce budget squeeze is shaping the defence review View full post on Financial Times – UK Homepage

Filed Under: finance news

Germany focuses on cutting spending

| July 5, 2010 | 0 Comments

Germany’s cabinet is poised this week to approve a 2011 budget as part of a four-year programme of spending cuts meant to serve as an example to other European governments without jeopardising the country’s increasingly robust economic recovery View full post on Financial Times – UK Homepage

Filed Under: finance news

Rich Dad’s Guide to Becoming Rich…Without Cutting Up Your Credit Cards

| March 12, 2010 | 5 Comments

ISBN13: 9780446697521 Condition: NEW Notes: Brand New from Publisher. No Remainder Mark. Product DescriptionThe real trick to building personal wealth is learning how to transform ‘bad debt’ into ‘good debt.’ This quick-hitting book explains how-without having to cut up credit cards. This is the eighth book in the phenomenally successful Rich Dad series. This book [...]

Filed Under: UK Credit Cards
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