economic policy

Campaigners set out proposals for a better deal for low-income taxpayers
Academy of Medical Sciences

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage,… Read more »

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George Osborne considers smaller banks
Osborne suspicious of bigger banks

By Alex Stevenson “Smaller banks” may be part of the Conservative solution to the banking crisis, George Osborne has suggested. The shadow chancellor indicated his suspicion of banks which are “too big to bail” at a wide-ranging speech to the Royal Society of Arts in London this lunchtime. “We cannot allow one part of our… Read more »

RBS slashes jobs as public stake rises
RBS slashes jobs as public stake rises

By staff The Royal Bank of Scotland (RBS) announced plans to cut 9,000 jobs today, as the government’s stake increased to 70.3 per cent. Only 0.7 per cent of shares put up for sale were bought up by private investors, leaving the Treasury to underwrite the rest. The job losses add up to around… Read more »