Analysis: Make the Tories suffer for the mismatch between rhetoric and reality on ending austerity
CommonSpace editor Ben Wray analyses the politics of the Budget – can the party of ‘the age of austerity’ really sell a new Corbyn-lite image?
THE Chancellor is increasing the deficit. That is the consequence of the £30 billion in new spending commitments to 2023-24 announced at today’s [29 October] Budget.
It’s not a big rise in the deficit, but the days of Osbornomics appear to be behind us. Not, though, the age of austerity, despite what Theresa May may say.
#Budget2018 reaction: Richard Murphy, Craig Dalzell, Poverty Alliance, Inclusion Scotland + more
Budget reaction from Richard Murphy, Craig Dalzell, Positive Money, Inclusion Scotland, Poverty Alliance, Scottish Unemployed Workers Network and the Child Poverty Action Group Scotland
THE Chancellor Philip Hammond has delivered his 2018 Budget to the House of Commons.
Call for Scottish MPs to resist attempt 'to make Britain militarily great again', as committee proposes £20bn extra for Defence
Three per cent of GDP on Defence would make the UK the biggest Defence spender in Europe by far, with Greece in second at 2.4 per cent of GDP
A NEW parliamentary report published today by the House of Commons Defence Select Committee has called for a significant hike in funding at a cost of £20 billion per year, a figure described as “staggering” by the SNP’s CND convenor, Bill Ramsay.
Everything you need to know about the UK budget
The Autumn Budget has been revealed with key announcements on Universal Credit, VAT and investment in technology
THE UK GOVERNMENT’S tax and spending plans for the year were announced in Chancellor Philip Hammond’s budget speech on Wednesday, which will have far-reaching consequences – one way or another – for people across the UK.
Report - Beyond GERS: Scotland's fiscal position post-independence
Common Weal has published a major new report arguing an independent Scotland could achieve 'deficit parity' with the rest of the UK without cutting public services by rebudgeting.
The report, ‘Beyond GERS: Scotland’s fiscal position post-independence’, is authored by researcher Dr Craig Dalzell and can be read in full here.
Project putting human rights at the heart of public sector budgets launched
Scottish human rights organisations launch project to embed a human rights analysis into public bodies’ budgeting
THE SCOTTISH HUMAN Rights Commission (SHRC) and Health and Social Care Alliance Scotland (the Alliance) are launching a new project which will work with public sector budget holders – including local authorities, health boards, police, and community planning partnerships - to ensure budget decisions will have a positive impact on people’s human rights.
Chancellor’s budget to exempt Scottish police and fire service from VAT
Lift of future VAT for emergency services expected, but no rebate for tax already paid
IT IS NOW WIDELY UNDERSTOOD that chancellor Philip Hammond’s budget announcements will include a u-turn on the current policy of requiring Police Scotland and the Scottish fire service – but not their English and Welsh equivalents – to pay VAT.
The Scottish Government has pushed for Scottish services to share the exemption for some time, and a recent debate in the Scottish parliament saw SNP, Labour and Green MSPs agree that the tax should be lifted.
Brexit is the “elephant in the room” in Tory budget plan
Warnings that Brexit and its aimless trade strategy risks sinking national economy
THE UK’S FINANCIAL FUTURE is placed in deep jeopardy by the upcoming process on exiting the European Union and its single trading market, according to opposition politicians reacting to the Tory budget.
Millionaire Tory Chancellor Philip Hammond announced plans to increase taxes for the self-employed in his economic plan over the next year. However, Brexit was remarkable for its absence in his speech to the house of commons.
UK finances: Chancellor warns of increased cuts in response to economic failure
Nicola Sturgeon complains of UK economic mismanagement amid criticism for growing Scottish deficit
UK CHANCELLOR GEORGE OSBORNE has warned of cuts amounting to 50p in every PS100 due to a failure to improve the fortunes of the UK economy.
The PS4bn in extra cuts come after the Office for Budget Responsibility projected growth of 3.8 per cent for 2015 failed to materialise. The UK economy grew by just 2.8 per cent in 2015.