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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Mr Brown could be held personally liable for the debt
Labour five weeks away from insolvency

The Labour party is five weeks away from becoming insolvent, according to figures released by the Electoral Commission. Senior figures in the party, including prime minister Gordon Brown, could become personally liable for its debts unless it finds a way to pay off £7.45 million in loans. Other figures on the National Executive Committee (NEC)… Read more »

MPs could swap itemised expenses for a lump-sum payment
MPs consider swapping expenses for lump-sum payments

MPs’ could receive a lump sum of £23,000 a year for their second homes rather than the system of expenses which currently operates. The recommendation is thought to form a key plank of speaker Michael Martin’s review into MPs finances, according to the Times newspaper, but a committee spokesperson refused to confirm the report. The… Read more »