Paul Krugman blasts “limpness” of Ed Miliband’s response to the austerity debate April 29, 2015 Nobel Prize-winning economist Paul Krugman has penned a scathing article in The Guardian, slamming the Tories' plans for deeper spending cuts and chastising Labour for its feeble response. Krugman blasts Ed Miliband for the "limpness" of his response to the Conservatives' drive for further austerity. In words that would warm the hearts of those Labour stalwarts [...]
Ed Balls defends “Milibrand” interview: “It’s what the young people call banter” April 29, 2015 Labour is still taking flack from the media for Ed Miliband's decision to be interviewed by comedian Russell Brand with a sceptical John Humphreys grilling the Ed Balls on the Today programme over the wisdom of doing such an interview. The great inquisitor asked the shadow chancellor "isn't it a bit demeaning for Ed Miliband [...]
Sainsbury’s share price drops after chief executive Mike Coupe is sentenced to two years in an Egyptian jail April 29, 2015 Sainsbury's has strongly denied any wrongdoing after its chief executive Mike Coupe was sentenced to two years in prison for alleged embezzlement. Coupe was compelled to attend a court hearing in Giza, Egypt in September after he was accused of attempting to seize cheques linked to a business the supermarket invested in 16 years ago. [...]
Leading business group backs Ed Miliband’s plan to scrap arbitrary immigration targets April 28, 2015 Ed Miliband has received a ringing endorsement from one of the country's leading business groups for Labour's immigration stance. Labour have said they will not set out a specific immigration target to reduce the net inflow of people coming to the UK differentiating themselves from both the Tories and Ukip. This is welcome news to [...]
Labour and Conservatives would “significantly complicate” the pension contributions system, says IFS April 28, 2015 Both Labour and Conservative plans to change reform the system of pension contributions have come in for sharp criticism from the Institute for Fiscal Studies (IFS). The independent think tank says the system has been rattled by instability over the last five years, which would continue whichever of the top two parties formed the next [...]
Labour’s mansion tax is “unnecessarily complicated” and imply £16,000 charge on properties over £3m, says IFS April 28, 2015 Both Labour and Conservative plans for the taxation of property have come under fire from the Institute for Fiscal Studies (IFS) with Labour's controversial mansion tax being described as "unnecessarily complicated." The IFS says there is host of problems with the way property is currently taxed, not least the structure of council tax. The independent [...]
IFS: Number of higher rate taxpayers could swell to 5m under the Conservatives April 28, 2015 The Institute for Fiscal Studies (IFS) has concluded that under the major parties' plans for taxation and benefits, in the next parliament households can expect their incomes, on average, to fall. The independent think tank found there were major differences between the parties, with the Tories planning small net cuts to tax and much bigger cuts [...]
General Election 2015: Statistician Nate Silver predicts Conservatives as largest party but an “incredibly messy outcome” April 28, 2015 The man who successfully predicted 99 state results out of 100 in the last two Presidential elections, as well as a host of House and Senate races, has forecast that the Conservatives will be the largest party after the General Election. Nate Silver, who participated in a BBC Panorama programme, thinks the Tories will capture [...]
Lord Ashcroft poll: Conservatives lead nationally by six points but marginals are a mixed bag April 27, 2015 Good news for the Conservatives in the form of Lord Ashcroft's national poll, which puts them six points ahead of Labour on 36 per cent. The poll shows the most substantial Tory lead for two weeks. Ukip was down to 11 per cent with Greens and Lib Dems trailing on seven and 11 per cent [...]
General Election 2015: Lord Mandelson’s firm predicts that whatever happens, the SNP win April 27, 2015 The SNP will try and ensure conditions for a second independence referendum victory, driving a "political wedge" between Scotland and England, according to new new research note from Global Counsel entitled "why the SNP will win whatever happens on 7 May." What the makes the note especially interesting is that it is from a firm [...]
