Treasury, officials are delighted by the course of the public finances. Insiders know the level of the deficit, nearly 12 per cent of national income, remains terrible. But economists are pretty sure that this year's borrowing will be better than forecast
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FT on 18th Mar 2010 (via traxfer.ft.com)
Chief Secretary to the Treasury Danny Alexander is to update MPs on the public sector pensions row, after broad agreements were reached with some unions.
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BBCPolitics on 20th Dec 2011 (via bbc.co.uk)
Danny Alexander MP has argued in an interview in this week’s New Statesman magazine that he would like to “push further” eventually on raising the income tax threshold higher than the planned £10,000. Here’s an excerpt from the interview, published in the Staggers: From the Treasury perspective, the main Lib Dem contribution to government has
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LiberalDemocratVoice on 8th Sep 2011 (via libdemvoice.org)
David Gauke MP HM Treasury Whitehall London SW1 Dear David, I am writing with a proposal on how you can amend CGT in line with Coalition government objectives. I understand your wish to tax short term gains as income, to prevent conversion of income into capital and to ensure short term
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JohnRedwood on 26th May 2010 (via johnredwoodsdiary.com)
HM Revenue and Customs - Five releases: Income and tax, by gender, region and country (T3.11). Income and tax for individuals of pension age, by gender, region and country (T3.12). Income and tax, by county and region (T3.13/a). Income and tax by borough and district or unitary authority (T3.14/a). Income and tax by parliamentary constituency
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UKStatistics on 30th Jan 2009 (via hmrc.gov.uk)
Home Secretary Theresa May is to update MPs on developments in Cumbria, after a taxi driver shot 12 people dead.
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BBCPolitics on 3rd Jun 2010 (via news.bbc.co.uk)
News from the Treasury: “Around 1.5 million people will benefit from the placement of over 600 non-charging cash machines in low income areas, Economic Secretary to the Treasury, Ian Pearson MP, and Treasury Select Committee Chairman, John McFall MP announced today. Reporting on substantial progress made by the ATM Working Group , they confirmed that: *
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LabourMatters on 19th Dec 2008 (via labourmatters.com)
12.20 Standing ovation welcome. Nick begins with a few words about yesterday’s attack in Northern Ireland. 12.21 Talks frankly about the need to update our policies - he doesn have a perfect answer for everything. But our liberal values must win through. 12.22 Over his paternity leave, he has had time to reflect. And he has never
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LiberalDemocratVoice on 8th Mar 2009 (via libdemvoice.org)
The following graph from HM Treasury clearly shows that over the last ten years government spending and income have both risen together, due to economic growth and inflation. The increasing deficit (gap between income and expenditure) since 2007 has not been due to an increase in public spending, but due to a decrease in tax receipts
If I've read this graph from the Treasury budget book correctly, the bottom 10% of the population by income are more negatively affected by the Budget as a percentage of their net income than any of the successive seven income deciles: I expect redistribution away from the poorest from the Tories. It's why they exist. How the Lib Dems can vote for this after years of lecturing us that they were to...
As bad as the idea was to lower VAT by a paltry 2.5% - as much as the EU would allow - attempting to reverse the move is even more stupid. No, this VAT cut won’t stimulate the economy and isn’t worth the £12.5bn reduction in Treasury income. And yes, it is like “spitting in the
