There’s a lot of excitement at the prospect of the government – and now the Opposition – putting a cap on Annually Managed Expenditure. But there’s nothing new about the Treasury controlling AME Read more
The UK chancellor George Osborne writes in PF about the stand he wants the G8 summit to take on corporate tax avoidance and transparency Read more
Keynes said that when circumstances change, he would change his view. The IMF has commendably adopted this approach in its assessment of the UK economy – so why doesn’t George Osborne show similar flexibility? Read more
Although the Care Bill was included in yesterday Queen’s Speech, it’s not time for the sector to celebrate. The real issue of how to pay for mounting demand from an ageing population remains unresolved Read more...
With the IMF and the European Commission raising concerns about current austerity strategies, the chancellor’s plans are suddenly looking out of step Read more
There is mounting criticism from the IMF of George Osborne’s austerity programme. But endless moving of the goalposts has obscured the fact that his entire fiscal framework is not fit for purpose Read more
Behind the Budget headlines, the detail in the official Treasury Red Book demonstrates the extent of cutbacks facing local authorities Read more
It might not seem like it to people working across the health service, but the NHS is one of the lucky ones when it comes to funding. Read more
Many commentators are arguing that Plan A hasn’t worked and the government should increase borrowing in the short term to help boost the economy. But this would be a dangerous and self-defeating move Read more
Does the Conservatives U-turn on inheritance tax suggest that society is ready to change its attitudes to wealth taxes after death? If so, we need to know how much can be raised and come up with an optimal design Read more...
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