Finance Matters

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Posts Tagged ‘Alistair Darling’

Labour defend National Insurance rise

April 5th, 2010 | Author: Kay Murchie

Chancellor Alistair Darling has been forced to defend Labour’s planned rise in National Insurance (NI) contributions after the Conservative Party said the hike would lead to job losses.
Last month’s Budget confirmed that the Labour Government will raise National Insurance contributions by a further 0.5% from next year, on top of the 0.5% rise announced in [...]

Posted in Finance Matters | Tags: Alistair Darling, All Financial News, budget, Conservative party, defend, deficit, Economy News, Labour, national insurance, recovery, rise, threat, uk | Comments Closed

Alistair Darling set to deliver Budget today

March 24th, 2010 | Author: Kay Murchie

The Pre-Election Budget will be delivered today by Chancellor Alistair Darling but he has repeatedly said there will be no “giveaways” ahead of the general election.
What we can expect to see, though, are more details of how the Government expects to trim the budget deficit.
Mr Darling has previously pledged to halve the budget deficit in [...]

Posted in Finance Matters | Tags: Alistair Darling, All Financial News, budget, Chancellor, cut, deficit, Economy News, election, giveaways, growth, inflation, recovery, stamp duty, tax, unemployment, VAT | Comments Closed

Budget to be held on March 24

March 10th, 2010 | Author: Kay Murchie

Prime Minister Gordon Brown has confirmed the date of the Budget as March 24 with speculation mounting that the general election will be 6 weeks after – on May 6.
The Treasury is set to confirm the Budget date later in a written statement to MPs.
Meanwhile, in the build-up to the budget, Chancellor Alistair Darling [...]

Posted in Finance Matters | Tags: Alistair Darling, All Financial News, budget, Chancellor, confirm, date, deficit, Economy News, GDP, general election, gordon brown, Prime Minister | Comments Closed

UK inflation hits 3.5% in January

February 16th, 2010 | Author: Kay Murchie

The Office for National Statistics has today announced that Consumer Price Inflation (CPI) rose to a 14-month high of 3.5% in January – as widely expected.
The rise in inflation has been driven by higher petrol costs and the effects of the reduction in the standard rate of VAT.
Meanwhile, CPI fell 0.2% on the month as [...]

Posted in Finance Matters | Tags: Alistair Darling, All Financial News, consumer price inflation, CPI, Economy News, explanation, January, Mervyn King, Office for National Statistics, petrol, Retail Price Inflation, rise, RPI, target, VAT | Comments Closed

Think tank warns Government to control spending

February 3rd, 2010 | Author: Kay Murchie

Leading economic think tank, the National Institute of Economic and Social Research (NIESR), is warning the Government that if it plans to halve the budget deficit over the next four years, much tighter spending controls are required.
In his latest Pre-Budget Report, Chancellor Alistair Darling pledged to significantly reduce the UK’s soaring deficit over the next [...]

Posted in Finance Matters | Tags: Alistair Darling, All Financial News, budget, Debt News, deficit, Economy News, GDP, Government, National Institute of Economic and Social Research, NIESR, spending, think tank, tighter, unemployment, warning | Comments Closed