Tag Archives: uk debt

THE government last night accused Labour of pursuing a “scorched earth policy” before the general election, leaving behind billions of pounds of previously hidden spending commitments. The newly discovered Whitehall “black holes” could force even more severe public spending cuts, … Continue reading →

LARGE areas of Britain are now so dependent on public spending that they face economic collapse when the next government introduces cuts, according to a report to be published tomorrow. The report’s authors suggest Labour has deliberately boosted spending in … Continue reading →

Gordon Brown’s launch of a Labour election campaign promising economic recovery was in jeopardy last night as a record slump in tax receipts fuelled fears that Britain could slip back into recession. Official figures showed that the Treasury borrowed another … Continue reading →