Public bodies and private companies will be obliged to stick to deadlines in paying their creditors to avoid high interest rates on their debt, according to a draft deal between the EU institutions on the recast of the Late Payments Directive.
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EurActiv on 2nd Sep 2010 (via euractiv.com)
If the concern is that pay at the top is too high then the obvious solution is simply to have a maximum pay rate. This won’t affect lower paid workers in any manner: companies are already, clearly and obviously, paying sufficient to attract the staff they desire. A brief glance at the unemployment rate shows that.
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TimWorstall on 9th Nov 2010 (via timworstall.com)
Companies have made more than £2billion by trading debt in schools and hospitals built using Private Finance Initiative funding, a new report shows.
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Telegraph on 15th Jun 2011 (via telegraph.feedsportal.com)
The Tories have been talking about "Gordon Brown's Debt", but as far as I can see, the fiscal deficit is not the problem. Consider two great debts: one is the public debt, the debt held by our government; the other is the private debt, the debt held by businesses and private citizens. Lets say that the public debt is £500 billion and the private debt is £1,500 bi...
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Labourhome on 14th Jan 2009 (via labourhome.org)
The Treasury wants an inquiry into how widespread is the practice of paying salaries in the public sector to private companies
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FT on 2nd Feb 2012 (via ft.com)
The Chancellor's claim that swingeing public expenditure cuts are essential to deal with our massive public debt is clearly wrong (your reports). Like private hous
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Scotsman on 1st Nov 2010 (via news.scotsman.com)
The endless rows over “cuts” at a time when public spending continues to rise in cash terms highlights yet again the totally different approach to public service by the private and public sectors. In 2008-9 many private sector companies faced declines in their revenue of
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JohnRedwood on 9th Jul 2010 (via johnredwoodsdiary.com)
In March, local London newspaper Ham & High reported that the Tory-run Barnet Council were paying a private security company to secretly film residents at open meetings. Now, documents uncovered have revealed how private security firms are regularly used by other councils across England and Wales to “control the public".
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LiberalConspiracy on 1st Sep 2011 (via liberalconspiracy.org)
What is the true price of Gordon Brown’s economic incompetence and inept bank regulation? The soaring national debt is one. And if you own a mortgage, you’ll find that you’re paying another. The gulf between the Bank of England base rate and the average mortgage rate is now at a huge high – as banks rip off their customers, trying to fill the hole in their balance sheets. T...
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Spectator on 10th Oct 2009 (via spectator.co.uk)
Alistair Darling will not raise the amount of cash he wants from the new 50p income tax rate because high earners will find ways to avoid paying it, experts say.
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SkyNews on 23rd Apr 2009 (via news.sky.com)