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 »

Latest articles

The UK's overall borrowing remains vast
Spending review: UK public sector borrowing soars to record levels

by Peter Wozniak Britain’s public sector borrowing has broken records, rising to £15.9 billion for August. The increase, larger than that expected by the government, was the result of a spike in inflation leading to higher interest payments on government bonds linked to the retail price index (RPI). The RPI is calculated based on a… Read more »

Britain can endure the government's spending cuts without risking its credit rating, according to Moody's
Spending Review: Britain keeps AAA rating

by Peter Wozniak The government’s spending cuts do not threaten Britain’s credit rating, according to Moody’s Investors Service, which maintained the UK as a AAA-rated country. The ratings agency, one of the world’s largest, argued that although the AAA status could still be downgraded in the future, the UK’s economy is strong enough to endure… Read more »