Topic: George Osborne
As the British take on a new era of austerity, are they manning up or just manning their jobs?
10/22/2010 11:05 am
Like the US, the UK is massively in debt and running huge annual budget deficits. Unlike the US, the UK decided to act, slashing spending programs in a new program of 'austerity.'
10/21/2010 03:35 pm
Researchers claim to have found a way to extend lifespans by 12 percent. What does this mean for America's Social Security and Britain's social pensions?
10/12/2010 11:05 am
Facing budget shortfalls, Britain and France must make difficult choices that could reshape how Western allies meet common security challenges.
08/17/2010 04:07 pm
New research shows austerity can stimulate economic growth by calming bond markets, which lowers interest rates and promotes investment.
07/07/2010 11:08 am
The chief question at this weekend's G20 summit will be how to keep the world economy growing. The Europeans are cutting government spending, ignoring President Obama's call for more stimulus.
06/25/2010 10:20 am
The bad news was of tax increases, the good news was of tax decreases and spending cuts, the really good news was corporation tax down by one point every year to 24 percent, lowest among the big European economies.
06/23/2010 04:18 pm
Queen Elizabeth II accepts support freeze, sales taxes are increased, and deep budget cuts are eyed by Europe.
06/22/2010 03:56 pm
UK budget 2010: Britain today unveiled budget cuts to raise £40 billion in state revenues through tax increases, welfare cuts, and salary freezes. But history suggests that raising taxes during a recession can cause a double-dip.
06/22/2010 01:29 pm
By eliminating the Financial Services Authority, Britain gives the Bank of England far more precise control over the money supply.
06/17/2010 09:23 am