public finance

Scrap 'highly regressive' council tax, says thinktank

Scrap 'highly regressive' council tax, says thinktank

Resolution Foundation says levy now resembles much maligned poll tax and should be replaced with more progressive system Council tax is an outdated and regressive levy on households that should be
The NHS pay deal is just another cut, and an insult to overworked staff | Owen Jones

The NHS pay deal is just another cut, and an insult to overworked staff | Owen Jones

In both public and private sector, employers are routinely not paying enough. What scares them most, though, is people realisingTake a moment to absorb the innovative ways the government has found to
A triumph for George Osborne’s austerity plan? Not when our social fabric is in tatters | Ann Pettifor

A triumph for George Osborne’s austerity plan? Not when our social fabric is in tatters | Ann Pettifor

The ex-chancellor rejoices as his target is finally hit, but austerity has taken a terrible tollGeorge Osborne, cheered on by the Institute for Fiscal Studies, basked in self-admiration last week.
Council tax rises to boost bills by £81 in England

Council tax rises to boost bills by £81 in England

Survey reveals impact of financial woes faced by local authorities after funding cutsHouseholds in England will pay on average an extra £81 in council tax from April, in the steepest increases for 14
Generational battle lines harden over pensions

Generational battle lines harden over pensions

Thinktank warns that older workers are not bearing their share of the pensions burden If the personal finances of every household could be ranked, the period following the 2008 financial crisis puts
Generational battle lines harden over pensions

Generational battle lines harden over pensions

Thinktank warns that older workers are not bearing their share of the pensions burden If the personal finances of every household could be ranked, the period following the 2008 financial crisis puts
London’s Labour leaders in new row over Walthamstow regeneration plans

London’s Labour leaders in new row over Walthamstow regeneration plans

Council leader and local MP Stella Creasy under fire over housing proposals where just 20% of homes will be ‘affordable’A new controversy over the use of public-private housing schemes has erupted in

How language duped us into austerity | Zoe Williams

The same misleading metaphors are used again and again to talk about economic policy. We need a new frameWhat do people think the economy is? How do they think it works? How do you think it works, if
Council tax rises on the way as local authorities try to stay afloat

Council tax rises on the way as local authorities try to stay afloat

95% of councils in England could increase charges in April, while some will cut servicesLocal authorities in England are teetering on the edge of a financial crisis, with most planning to increase
Teachers in Scotland warn of strikes without above-inflation pay rise

Teachers in Scotland warn of strikes without above-inflation pay rise

Educational Institute of Scotland, a union representing four-fifths of Scottish teachers, demands end to years of pay freezes and capsScotland’s largest teaching union has said there will be
In austerity Britain, people need parks | Letters

In austerity Britain, people need parks | Letters

Funding for public parks is being cut off just when they are needed more than ever to combat the stress of surviving in austerity Britain, says the Parks AgencyThe quietly announced news that the
Extra £450m for police to be partly funded by council tax increase

Extra £450m for police to be partly funded by council tax increase

Most of cash injection for forces in England and Wales to be funded by annual rise in council tax bills of £12 per householdA £450m boost to police funding has been announced by the home secretary,
Grenfell campaigners win reprieve in fight to save local college

Grenfell campaigners win reprieve in fight to save local college

Ministers tell London institutions considering merger that their plans should be delayed until at least the end of AprilThe government has intervened to save a further education college near Grenfell
Little surprise that inequality gets worse under the Tories | Letters

Little surprise that inequality gets worse under the Tories | Letters

Readers reflect on the resignation of Alan Milburn from the Social Mobility CommissionThe resignation of Alan Milburn and the other members of the Social Mobility Commission on the grounds that the
PARKIN: Morneau scandal shows middle class was never Liberals’ top concern

PARKIN: Morneau scandal shows middle class was never Liberals’ top concern

It was always incredible that just over two years ago, 39% of Canadians fell to the hope that the Liberal Party’s top concern was the middle class. Perhaps it’s less surprising that, for two years,
OPINION: Brown’s carbon tax a win-win

OPINION: Brown’s carbon tax a win-win

BY MARK CAMERON, Guest Columnist Patrick Brown’s new platform has been said by some to represent a shift to the centre or left for the Ontario Progressive Conservatives. But at its heart it’s a
EDITORIAL: Usual suspects want to blow city budget

EDITORIAL: Usual suspects want to blow city budget

You can tell it’s an election year because there’s no TTC fare hike in this year’s preliminary City of Toronto budget. Mayor John Tory’s fiscal plan, unveiled Thursday, calls for an all-in residential
Labour will win argument on borrowing to invest, says John McDonnell

Labour will win argument on borrowing to invest, says John McDonnell

In an interview with the Guardian, the shadow chancellor attacks the belief that ‘government borrowing is akin to burning money’John McDonnell has said Labour will win the argument for more borrowing
Ministry of Defence braced for 'brutal' cuts in security review

Ministry of Defence braced for 'brutal' cuts in security review

MoD has compiled list of options, including marines and amphibious vessels but Trident replacement seen as untouchableThe Ministry of Defence is bracing for what one Whitehall official has described
Labour's extra borrowing would pay for itself, says McDonnell

Labour's extra borrowing would pay for itself, says McDonnell

Shadow chancellor refuses to be pinned down on specific cost of servicing debt from party’s spending plans, accusing BBC presenter of ‘trite journalism’The shadow chancellor, John McDonnell, has