Budget 2011 – fine print follow-up
Before we begin, Gavyn Davies’ post on the 2011 Budget is up here and offers a great take. Meanwhile, the main budget doc can be read here (pdf) and the supplemental documents here.Continue reading:...
View ArticleInflation and debt, lurking in the UK budget small print
For all the talk of operation Odyssey Dawn, it was Wednesday’s Budget that tried to navigate between two monsters: rising inflation and slowing growth. Guest editor Gavyn Davies made this point during...
View ArticleOsborne delivers ‘defiant’ Budget
UK chancellor George Osborne on Wednesday delivered a Budget that stuck defiantly to his plan to cut public sector borrowing and fuel private sector growth, reports the FT. In spite of rising...
View Article“Surprises” in the UK national account data
There wasn’t a lot of sunshine to melt the avalanche of UK economic data released on Tuesday. Revised UK Q4 GDP (-0.5 per cent rather than -0.6 per cent) and the UK Q4 current account deficit (-2.9 per...
View ArticleUK faces bigger budget hole
George Osborne, the chancellor, will be forced to admit that the black hole in UK public finances has increased by almost £30bn, requiring the government to impose years of further austerity on the...
View ArticleUK economic policy: less plan B, more plan A+1
If you liked the Bank of England inflation fan charts, then you’ll love the OBR’s fan charts. GDP:Continue reading: UK economic policy: less plan B, more plan A+1
View ArticleIFS warns on scale of spending cuts
Britain faces spending cuts “almost without historical or international precedent” over the next few years and, painful as the squeeze has been so far, it amounts to less than a 10th of what is planned...
View ArticleHow to avoid paying housing stamp duty with really trying
Over the weekend, we were treated to (even more) pre-announcements about what’s going to be in this year’s budget in the UK. FT Alphaville’s interest was piqued by Chancellor George Osborne’s...
View ArticleGoing slightly less fast in the wrong direction
Bad news for hairdressers in the UK Budget: VAT is to be applied to the rental of the chairs the customers sit in while they are asked whether they want something for the weekend. Makers of cable based...
View ArticleInsults to pesos
There’s loads of serious-minded UK Budget news & analysis on FT.com already, so… Continue reading: Insults to pesos
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