Shadow Chancellor George Osborne has spoken out over the prime ministers “spending splurge”, claiming that the government is risking economic ruin.
Archive for October, 2008
Gender Pay Gap Still too Wide According to Survey
Women’s rights group, the Fawcett Society, say that more should be done to help bridge the gender gap when it comes to wages
Study finds Social Networking and Business can Work together
A new study has suggested that employers should allow its employees to use social networking websites.
Financial Firms have lost £1.8 Trillion Worldwide
As a result of the credit crisis, the world’s financial firms have lost £1.8 trillion, the Bank of England has estimated, adding that the total spending by governments and central banks to dig banks out of trouble totals £5 trillion.
Prime Minister Defends Government Borrowing
The prime minister has stood by his plans to increase government borrowing in order to “support economic activity”.
Banks urged to Help Small Businesses
Chancellor Alistair Darling and business Secretary Lord Mandelson are to urge bank bosses to improve their treatment of small businesses at a meeting later today so that they can soften the impact of the recession.
Mervyn King admits UK is Heading towards a Recession
Mervyn Kind has finally admitted the UK is most likely heading toward a recession in 2009.
MPs Urge HMRC to Clamp down on Corporate Tax Avoidance
MPs from the Common public accounts select committee are urging HM Revenue and Customs to “robustly” pursue companies that avoid paying tax on their profits.
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