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austerity

  • Kemi Badenoch welcomes Javier Milei on Falkland Islands ‘competition’

    Politics

    Tory leader Kemi Badenoch has said she found it “fascinating” that Argentinian president Javier Milei wanted to make his country so great that Falkland Islanders would want to change nationalities. In a 15-minute speech to Latin American investors and academics, Badenoch praised the anarcho-capitalist leader for his austerity programme in Argentina that has lowered inflation [...]

    Kemi Badenoch speaking to Latin American investors, discussing support for Javier Mileis Falkland Islands economic strategy
  • Brace for impact – the sorry state of the UK public finances

    Opinion

     Let’s be clear, staggering borrowing figures despite substantial tax rises are a direct result of excess spending, says Ewen Stewart When numbers become big they start to lose meaning. The latest public sector borrowing numbers published by the ONS are big. But let’s make no mistake, borrowing £18bn in one month has very great meaning.  [...]

    Institutional investors are questioning the UK's fiscal credibility
  • Spending review: Labour’s economy is austerity for the taxpayer

    Opinion

    'Austerity' isn’t just about reducing public expenditure – it also applies to tax hikes, writes John O'Connell following the Spending Review.

    Rachel Reeves delivered her Spending Review on 11 June, 2025
  • Week in Business: Will Starmer Slash the State?

    March 13, 2025

    Javier Milei, Elon Musk, and now Keir Starmer? The PM says he wants to reform the state - just don't call it austerity.

  • Labour conference: Reeves challenged over consumer ‘fear and foreboding’

    September 23, 2024

    Rachel Reeves has been challenged over claims the government has “generated a fear and foreboding” among consumers – but insisted she was “optimistic” about the economy. Ahead of her keynote speech to the Labour Party conference in Liverpool today, the Chancellor was challenged on Sky News over last week’s fall in consumer confidence to the [...]

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