Finance Matters

Posts Tagged ‘emergency budget’

The latest survey from the Nationwide Building Society has revealed a sharp fall in UK consumer confidence for the month of May.
The building society’s consumer confidence index plunged to 65 last month – the lowest level since June 2009, down from a revised reading of 75 in April.
According to the Nationwide, its survey reflects the [...]

In a major speech in Milton Keynes this morning, Prime Minister David Cameron said the budget problems are even worse than thought and has laid the blame with the former Government.
His speech, which comes ahead of the emergency budget on 22 June, issued a stark warning about the painful spending cuts which his Government is [...]

In a major speech in Milton Keynes this morning, Prime Minister David Cameron is expected to issue a stark warning about the painful spending cuts which his Government is to implement in the years to come.
Mr Cameron is expected to say: “The decisions we make will affect every single person in our country. And the [...]

In an interview with the Sunday Times, Prime Minister David Cameron said action needed to be taken to deal with the “huge amount of debt” but promised to explain “the purpose behind the pain”.
He said: “The country has got an overdraft. The interest on that overdraft is swallowing up things that the nation should otherwise [...]

Mervyn King, the Bank of England’s Governor, has turned down a pay rise worth more than £15,000, according to the Bank’s annual report.
The report, published today, revealed Mr King waived his right to a pay rise and comes just a few weeks before the Government is expected to announce severe spending cuts in an emergency [...]