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LONDON (Reuters) - Around 18 million families will be 150 pounds a year worse off on average over the next two years despite last week's emergency budget, experts said on Wednesday, fuelling a political row over government tax policy. The Institute for Fiscal Studies said Chancellor Alistair...
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Troubled times
Given the state of public finances, Mr Brown's room for manoeuvre is limited Gordon Brown's lieutenants may come to regret blaming the loss of Crewe & Nantwich on voters' economic worries. Even before Alistair Darling's mini-budget of 13 May, the Chancellor did not have much in the fiscal locker...
Gordon Brown's economic options
Given the state of public finances, Mr Brown's room for manoeuvre is limited Gordon Brown's lieutenants may come to regret blaming the loss of Crewe & Nantwich on voters' economic worries. Even before Alistair Darling's mini-budget of 13 May, the Chancellor did not have much in the fiscal locker...
It’s time to face facts, Darling
The Institute of Fiscal Studies have been out and about this morning, pointing out something that I'm surprised hasn't been the object of more critical attention.Alistair Darling's decision to raise the personal allowance - an excellent idea in itself, of course, but done for totally the wrong...
18M 'will lose out over tax cut'
18M 'will lose out over tax cut' Eighteen million families stand to lose out to the tune of around £150 a year unless Chancellor Alistair Darling can find a way to extend his one-off tax cut announced in last week's "mini budget", independent researchers have warned. Mr Darling's £2.7 billion...
Darling to extend tax compensation package?
A Treasury spokesman told Moneyextra, "The increase in the personal allowance will mean that 22 million people will gain an additional £120 this year, including those on middle incomes. And we are providing support at a time when families are facing additional costs."
FactCheck: tax and by-elections
Last Modified: 21 May 2008 By: Channel 4 News The claims and the counterclaims at today's prime minister's questions go under the FactCheck microscope. The claim "The Institute for Fiscal Studies said today that even after the [emergency 10p tax compensation] changes almost a million families...
MP praises tax change
May 22 2008 by Our Correspondent, Rhondda Leader RHONDDA MP Chris Bryant has welcomed plans announced by the Chancellor to increase personal tax allowances for low and middle income workers. The announcement means that the Government is taking steps necessary to compensate those people who may...
PM challenged to extend tax cut
Conservative leader David Cameron has challenged Gordon Brown to commit himself to extending his £2.7 billion tax cut for low and middle-income workers into the next financial year, as an independent report warned that failure to do so would cost 18 million families up to £150 each.The Prime...
PM challenged to extend tax cut
Conservative leader David Cameron has challenged Gordon Brown to commit himself to extending his £2.7 billion tax cut for low and middle-income workers into the next financial year, as an independent report warned that failure to do so would cost 18 million families up to £150 each. (21/05/2008...
PM challenged to extend tax cut
Last Modified: 21 May 2008 Source: PA News Conservative leader David Cameron has challenged Gordon Brown to commit himself to extending his £2.7 billion tax cut for low and middle-income workers into the next financial year, as an independent report warned that failure to do so would cost 18...
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